Assembly jerks up Makinde’s 2025 Appropriation Bill by N6b

The Oyo State House of Assembly has approved an upward review of the state’s budget, increasing it from ₦678 billion to ₦684 billion.

This approval came on Wednesday after the House Committee on Finance, Appropriation, and State Economic Planning presented its report, which was read by its Chairman, Hon. Sunkanmi Babalola, representing Egbeda State Constituency.

It would be recalled that Makinde, on November 13, 2024, presented a budget proposal of ₦678,086,767,332.18.

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The Oyo State House of Assembly today approved an upward review of the budget, approving a total amount of ₦684,149,398,399.06.

The plenary was presided over by the Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin.

According to the Speaker, one major reason for the upward review of the 2025 budget to ₦684 billion is to accommodate emerging priorities and critical projects that will drive economic growth, improve infrastructure, and enhance the overall well-being of our citizens.