Oyo State Governor, Seyi Makinde, on Tuesday presented a proposed ₦1.115 trillion 2027 Appropriation Bill to the state House of Assembly, describing it as a blueprint for sustaining his administration’s development agenda beyond May 29, 2027.
Tagged “Budget of Sustained Progress,” the proposal totals ₦1,115,341,378,359.90, making it the final budget presentation of Makinde’s eight-year administration.
Presenting the bill at the House of Assembly Chamber, Secretariat, Agodi, Ibadan, on Tuesday, Makinde said the budget was designed to consolidate existing gains, sustain public services and strengthen institutions ahead of the transition to a new administration.
“As we prepare to hand over the baton to the next administration, we bring before you the 2027 Budget of Sustained Progress. It is designed to consolidate our gains, sustain public services and carry our state’s development forward through the transition period and beyond,” he said.
The governor said the proposal prioritised infrastructure, community development and institutional strengthening, with significant allocations for capital projects in health, education and road infrastructure.
He stressed that his administration was focused on leaving behind properly documented processes and institutions capable of sustaining efficient service delivery through continuity and strategic partnerships.
Makinde highlights revenue, education gains
Reflecting on his administration’s performance, Makinde said Oyo’s internally generated revenue (IGR) had risen by 288 per cent, from ₦26.59 billion in 2019 to ₦103.25 billion in 2025.
The ₦103.25 billion figure is consistent with 2025 state-level IGR data, which placed Oyo among Nigeria’s highest-earning states outside the leading revenue-generating states.
The governor also noted that Oyo ranked third nationally in the 2025 Subnational Ease of Doing Business Report by the Presidential Enabling Business Environment Council, recording a 62.7 per cent score.
In education, Makinde said targeted interventions and strategic partnerships had resulted in about 65,000 out-of-school children returning to classrooms.
The figure had earlier been disclosed in connection with Oyo’s implementation of the Better Education Service Delivery for All Additional Financing programme, supported by the World Bank and the Universal Basic Education Commission.
“Figures alone cannot fully assess our administration. The real measure of success is the impact we have made on the lives of our people and the institutions we have built to serve them beyond May 29, 2027,” Makinde said.
He also reaffirmed the government’s commitment to women’s participation in governance, saying the state would sustain its 35 per cent affirmative action policy.
Agriculture, infrastructure take centre stage
On infrastructure, the governor said strategic road projects had been prioritised to connect economic corridors, improve market access and unlock opportunities for farmers, businesses and rural communities.
He said the establishment of the Oyo State Agribusiness Development Agency had helped reposition agriculture as a viable business sector, while the Oyo State Agribusiness Transformation Centre had become a major hub for agricultural investment.
According to Makinde, 16 agribusinesses with investments worth more than ₦20 billion are currently operating at the centre, while over 30,000 farmers have been captured in the state’s agricultural database.
He added that interventions under the Rural Access and Agricultural Marketing Project (RAAMP) were improving access to markets and boosting agricultural productivity and rural economies.
Makinde further disclosed that 3,933 newly recruited primary healthcare workers had been inducted to strengthen healthcare delivery across the state.
The workers were formally inducted in February 2026 as part of efforts to address manpower gaps in primary healthcare.
The governor said construction work on several ongoing projects would accelerate during the current dry season following approvals secured by the executive to accommodate higher project costs caused by inflation, exchange-rate fluctuations and rising energy prices.
He urged lawmakers to give the appropriation bill expeditious consideration and approval, stressing the need for continued cooperation between the executive and legislative arms in the interest of Oyo residents.
Ogundoyin promises thorough scrutiny
Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin, described the presentation as a historic moment, marking the final budget cycle of the Omituntun 2.0 Administration.
Ogundoyin commended Makinde for what he described as significant achievements over the administration’s tenure, particularly in road construction and rehabilitation, education, healthcare, agriculture and workers’ welfare.
He said the presentation offered an opportunity to consolidate the transformation recorded over seven and a half years, assuring that the House would subject the proposal to thorough legislative scrutiny.
The event was attended by former Oyo governor and Olubadan of Ibadanland, Oba Rashidi Ladoja; Deputy Governor Bayo Lawal; former Deputy Governor Hamid Gbadamosi; former Speaker Monsurat Sunmonu; Chief Judge Iyabo Yerima; and APM governorship running mate Mufutau Open-Salawu.
Also present were Secretary to the State Government Musibau Babatunde, Chief of Staff Akinwole Akinwale, Head of Service Adenike Fashina, Deputy Chief of Staff Kazeem Adeniyi, Chairman of the Oyo State Elders’ Council Saka Balogun, commissioners, local government chairmen, traditional rulers, religious and labour leaders, and other government officials.
