Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump

    June 5, 2025

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025

    Utomi Threatens To Leave Nigeria For Ghana

    June 5, 2025
    Facebook X (Twitter) Instagram
    Trending
    • I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump
    • Court Jails Nine Chinese Nationals For Financing Terrorism
    • Utomi Threatens To Leave Nigeria For Ghana
    • Zia Yusuf Resigns As Reform UK Chairman
    • Former Education Minister, Jubril Aminu Dies At 85
    • Trump Announces Visa Ban On Foreign Students Attending Harvard University
    • Trump Orders Investigation Into Biden’s Actions, Accuses Aides Of Conspiracy
    • Anambra Guber: INEC Publishes Final List Of Candidates
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Friday, June 6
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » 2025 Budget: Gov Makinde Presents N678.06 Appropriation Bill To Oyo Assembly
    2 Mins ReadNovember 14, 2024

    2025 Budget: Gov Makinde Presents N678.06 Appropriation Bill To Oyo Assembly

    By TheScrutinyNGNovember 14, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Governor Seyi Makinde of Oyo State, on Wednesday, presented a budget of N678.06 billion for the 2025 fiscal year, tagged, “Budget of Stabilisation”  to the House of Assembly for approval.

    The capital expenditure is N343 billion, which represents 50.6 percent while the recurrent expenditure is N335 billion, representing 49.4 percent of the total budget.

    Makinde said infrastructure development would take the largest allocation of N152 billion, representing 22.4 percent of the budget.

    The governor stated that N145 billion was earmarked for the education sector, accounting for 21 percent, while N59 billion was for the health sector, representing nine percent of the total budget.

    Agriculture sector received N18 billion, representing three percent of the budget.

    Makinde said the budget would largely address the economic hardship being faced by the citizens of the state.

    He stressed that the presentation, particularly in the infrastructure sector, was based on his administration’s commitment to extend rehabilitation of feeder roads in all zones of the state.

    The governor said that his vision to improve infrastructure across the state would enhance connectivity and promote economic growth through better transportation networks.

    The House of Assembly Speaker, Mr. Debo Ogundoyin, said the presentation was a crucial step in the budgetary process.

    He noted that the governor had successfully outlined the details of the 2025 budget.

    He said the 2024 budget performance achieved an impressive 64 percent, saying the collaborative efforts of government branches and stakeholders made it realisable.

    “Building on this momentum, we are hopeful that the 2025 budget proposal will surpass the 2024 performance. This budget will build on the successes of the 2024 budget by helping to drive socio-economic growth, foster economic recovery, and improve the overall quality of life for Oyo State residents,” he said.

    The speaker pledged that the House would conduct thorough oversight of all government ministries, departments and agencies in order to guarantee transparency, accountability and responsible allocation of resources.

    He added that the lawmakers would speedily work on the budget for quick passage of the 2025 expenditure.

    Author

    • TheScrutinyNG
      TheScrutinyNG

      View all posts
    Governor Seyi Makinde Oyo state
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    TheScrutinyNG
    • Website

    Related Posts

    Featured

    I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump

    June 5, 2025
    Crime

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025
    Crime

    Utomi Threatens To Leave Nigeria For Ghana

    June 5, 2025
    Featured

    Zia Yusuf Resigns As Reform UK Chairman

    June 5, 2025
    Breaking News

    Former Education Minister, Jubril Aminu Dies At 85

    June 5, 2025
    Education

    Trump Announces Visa Ban On Foreign Students Attending Harvard University

    June 5, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    I’m Disappointed By Elon Musk’s Criticism Of Budget Bill – Trump

    June 5, 2025

    Court Jails Nine Chinese Nationals For Financing Terrorism

    June 5, 2025

    Utomi Threatens To Leave Nigeria For Ghana

    June 5, 2025

    Zia Yusuf Resigns As Reform UK Chairman

    June 5, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.