November 10, 2026

MAKINDE PRESENTS ₦1.1TRN 2027 BUDGET, DISMISSES CONCERNS OVER RESIGNATIONS

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Oyo State Governor, Seyi Makinde, has presented a proposed ₦1.12 trillion budget for the 2027 fiscal year, describing it as the Budget of Sustained Progress, while insisting that the recent wave of resignations by political appointees would not affect his administration.

Makinde presented the Appropriation Bill on Tuesday at the Parliament Building, Secretariat, Ibadan, in what is expected to be his final budget presentation before the expiration of his second term in 2027.

The proposed budget prioritises infrastructure, education and healthcare, with capital expenditure accounting for 61 per cent of the total allocation.

According to the governor, ₦670 billion has been earmarked for capital projects, while ₦444 billion is allocated to recurrent expenditure.

Infrastructure received the largest sectoral allocation of ₦236.15 billion, followed by education with ₦190.6 billion and healthcare with ₦93.01 billion.

Makinde said the budget was designed to consolidate ongoing projects and sustain the development programmes initiated by his administration.

He also disclosed that Oyo State’s internally generated revenue had increased from ₦26.95 billion in 2019 to ₦103.25 billion in 2026.

The governor further revealed that his administration had returned more than 65,000 out-of-school children to classrooms, highlighting education as one of the areas of focus.

MAKINDE REACTS TO WAVE OF RESIGNATIONS

Speaking on the recent departure of political appointees and other officials, Makinde said he had been keeping track of those who had left his administration but maintained that their decisions would not derail his government’s agenda.

He also disclosed that a female former appointee resigned after he rejected what he described as an impossible request.

However, the governor declined to reveal the identity of the woman or the nature of the request.

The resignations have attracted attention in Oyo State amid growing political activities ahead of the 2027 general elections.

Among those who have recently left the administration are former Chief of Staff, Segun Ogunwuyi; former Commissioner for Budget and Economic Planning, Ayobami Ojo; Special Adviser on Budget and Economic Planning, Adegbola Oyeleke; and OYSIEC member, Sunday Falana.+

Other officials have also exited the government in recent months, with some departures generating speculation about political realignments ahead of the next election.

Despite the developments, Makinde maintained that the exits would not affect his administration.

Meanwhile, Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, assured the governor that the legislature would give the proposed budget the necessary scrutiny, guided by the interests of residents.

He described the presentation as an important opportunity to consolidate the administration’s achievements and strengthen the state’s development plans beyond 2027.

The proposed budget will now undergo legislative consideration before its eventual passage into law.

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