Governor Oyebanji Unveils N490.74bn Budget for 2027

On October 8, 2026, Ekiti State Governor Biodun Oyebanji presented a proposed budget of N490.74 billion for the 2027 fiscal year to the Ekiti State House of Assembly. The budget, titled the “Budget of Sustained Progress and Prosperity,” is designed to build on the achievements of his administration and establish a solid foundation for development over the next four years.

The budget allocates N275.68 billion for recurrent expenditure and N215.06 billion for capital expenditure, focusing on six key pillars: education and healthcare; good governance and transparency; arts, culture and tourism; youth and job creation; infrastructure and industrialisation; and agriculture and rural development. Speaker Adeoye Aribasoye praised the budget for reflecting the people's needs and assured thorough legislative review.

He emphasized the importance of aligning the budget with constitutional and financial regulations and ensuring equitable project distribution across the state.