Oyo State Governor, Engr. Seyi Makinde, has presented an Appropriation Bill of N678.087 billion for the 2025 fiscal year to the State House of Assembly. The presentation of the Appropriation Bill, christened the “Budget of Economic Stabilization,” took place at the House of Assembly Gallery in Ibadan on Wednesday. According to the governor, the 2025 Appropriation Bill, the “Budget of Economic Stabilization,” is approximately 35% higher than the 2024 Budget of Economic Recovery. “Our last budget is about 65% implemented as of Q3, which is 5% short of our projection. We believe that our revenue options will support over 70% implementation in 2025. As stated, our plan is to allocate a little over 50% of the proposed budget to capital expenditure, while about 49% will go towards recurrent expenditure.” In
