Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.
Governor of Oyo state, Seyi Makinde, has signed the state’s 2023 Appropriation Bill, dubbed the “Budget of Sustainable Development,” into law.
The governor, who signed the Bill at the offices of the Oyo State Agribusiness Development Agency, OYSADA, in Saki, praised lawmakers for passing the Bill on time.
He expressed hope that the majority of present Assembly members would be re-elected to the next Assembly in 2023.
In a statement by his Chief Press Secretary, Mr Taiwo Adisa, Governor Makinde said the Budget would aid the completion of some projects as well as the state’s development initiatives.
He noted that his administration had been able to increase the state’s Internally Generated Revenue(IGR) to over N3.8 billion.
He stated: “This is a Budget of sustainable development. We know that some of the projects and the work we started must be completed in 2023. So, this is a Budget that has N155,677,143,034.34 for recurrent expenditure and N154,755,366,965.64 for capital. You will notice that recurrent is slightly higher than the capital expenditure and this is because we are going into a transition period.”
The Governor stated that the state’s budget has always performed above 50% since he took office, and that the choice to sign the budget in Saki was historic and a testament to the state’s economy being integrated throughout all zones.
He said: “Saki is the biggest economy around this place. Now, we can drive from Iseyin to Ogbomoso, though the road is not completely open, but we will complete it under the 2023 Budget. Out of the 78km, I believe about 50km of it has already been tarred. The artwork to link everywhere remains only 10km.
“There are other additions under Omituntun 2.0 that we have anticipated what will happen, and we have made adequate provision in this Budget I have just signed. There will be solid minerals development and tourism,” the governor affirmed.
He disclosed that solid minerals development had to be added because the state is a major lithium belt and DSS officials in the state had recently arrested a trailer with 25 tonnes of mining lithium, saying for tourism, Ibadan, the state capital records heavy influx of visitors, especially on weekends, because the environment is scenic.
On security, the governor asserted that his administration had recruited and trained 500 Amotekun personnel whose deployment would begin on 24th December, 2022, in order to ensure a safe and secure environment in the state.
Earlier, in his remarks, the Commissioner for Budget and Planning, Professor Musbau Babatunde, said the Budget was an inclusive one into which the whole of Oyo State had made input, as the people disclosed what they wanted during the consultative meetings held in all the zones of the state.
He explained that all the requests were collated and used as guide for the Budget and promising that the Budget would be fully implemented.
He stated: “We did not just allocate figures for the Budget, it was a rigorous project that science, data and logic guided. The figure of the Budget we are signing today is what will improve the welfare of the good people of Oyo State. Our Budget was not performing very well when we came into government. It was 27 percent. But now, we have been going above 50 percent.”
Similarly, the Speaker of the Oyo State House of Assembly, Honourable Adebo Ogundoyin, stated that the Budget was the result of teamwork and synergy among the state’s three branches of government.
The state deputy governor, Bayo Lawal, commissioners, local government chairmen, traditional rulers and leaders, and members of the People’s Democratic Party (PDP), among others, witnessed the signing of the budget.