Makinde Presents 1.15 Trillion Naira 2027 Budget Proposal To Oyo Assembly
Oyo state governor, Seyi Makinde has presented the 2027 budget proposal of one point one five trillion naira tagged “Budget of Sustained Progress” to the House of Assembly
The comprehensive fiscal package, officially prioritizes heavy capital investment to solidify infrastructure, education, healthcare, and agribusiness milestones achieved over the last seven years.
Presenting the budget, Governor Makinde proposed six hundred and seventy point three billion naira for capital expenditure, representing 60% of the total budget, while recurrent expenditure is set at four hundred and forty five billion naira accounting for 39% of the fiscal framework.
According to the governor major sectors received significant slices of the financial allocation to safeguard ongoing public services and maintain the momentum of the state’s medium-term development framework
Highlighting the budget, Governor Makinde noted that two hundred and thirty six billion naira is proposed for infrastructure; education got one hundred and ninety billion naira while healthcare is to gulp ninety point one billion naira, dedicated to sustaining workforce strength, medical supplies, and facility accessibility.
Governor Makinde stressed that the new roadmap has been fully documented and integrated so that the incoming government can seamlessly continue the trajectory of growth.
In his remark, Speaker, Mr. Adebo Ogundoyin, commended Governor Makinde for the budget and pledged to give it prompt consideration and attention.
Recall that 2026 budget was pegged at N1.1 trillion naira after Oyo Assembly approves N210 billion as a supplementary to the initial N892 billion
