The Oyo State House of Assembly has approved the N299.8 billion supplementary budget as presented by the Executive arm of the government.
The house also proceeded on a working recess to monitor ongoing developmental projects in their various constituencies.
The approval of the supplementary budget, according to the lawmakers, was necessitated by the government’s commitment to infrastructural development across the 33 local government areas of the state.
With the additional approval of N299.8 billion, the total budget size now stands at N984 billion.
Speaking on the approval, Chairman of the House Committee on Budget, Finance, and Appropriation, Mr. Sunkanmi Babalola, representing Egbeda State Constituency, stated that the supplementary budget became necessary to accommodate several critical expenditures that were not initially captured in the 2025 budget.
According to Mr. Babalola, the supplementary budget will take care of the funds approved for the reconstruction of the Government House, workers’ pensions, and provisions for a new national minimum wage.
