Oyo State Targets N100bn IGR with Makinde's Reforms Boosting Economy

The Oyo State government, under Governor Seyi Makinde, aims to achieve a record N100 billion in Internally Generated Revenue (IGR) following successful reforms across key sectors. The state has seen a significant improvement in its IGR, reaching N94 billion in July 2025, compared to previous administrations struggling to generate N20 billion annually.

Oyo's economic growth and revenue increase have positioned the state as a potential financial hub in Nigeria, without burdening investors. Governor Makinde's administration's strategic investments and reforms have enhanced the quality of life, infrastructure, and service delivery in Oyo State, making it an attractive place to live and do business.