JUST IN: Infrastructure, Education Take Largest Share As Makinde Presents 2025 Budget Estimate (See Breakdown)

The Executive Governor of Oyo state governor, His Excellency, Engr. Seyi Makinde has presented 2025 budget proposal with an estimate of 678.08 billion naira to the Oyo state house of assembly.

According to the budget estimate, 343 billion goes for Capital expenditure which is 50.59 percentage of the budget while 335 billion naira is budgeted for recurrent expenditure, which represents 49.4 percentage of the total budget.

Governor Makinde said 152 Billion naira is to take care of the infrastructure development of the state, taking the largest percentage of the budget with 22.4% Education 145 billion, 21 percentage of total budget Health 59 billion, 9 percentage. Agriculture 18 billion, 3 percentage.

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Governor Makinde said the 2025 budget proposal is 35 percent higher than last year’s budget.

Details later……

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