Biodun Oyebanji Proposes N490.74bn Budget for Ekiti in 2027

On October 9, 2026, Ekiti State Governor Biodun Oyebanji unveiled a proposed budget of N490.74 billion for the 2027 fiscal year, which he described as a financial blueprint to build on the achievements of his first term. The budget, named the "Budget of Sustained Progress and Prosperity," was presented to the Ekiti State House of Assembly in Ado-Ekiti, in compliance with Section 124(4) of the 1999 Constitution (as amended).

Oyebanji stated that the budget is designed to deepen ongoing reforms, expand critical infrastructure, stimulate economic activities, and enhance the welfare of the people. It aligns with the state’s 30-Year Development Plan (2021-2051) and includes N275.68 billion for recurrent expenditure and N215.06 billion for capital projects.

The implementation will focus on six pillars: education and healthcare; good governance and transparency; arts, culture and tourism; youth development and job creation; infrastructure and industrialisation; and agriculture and rural development. Speaker of the Ekiti State House of Assembly, Hon. Adeoye Aribasoye, praised the budget as people-oriented.