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Over N266 Billion Presented As Budget Proposal To Oyo State House Of Assembly By Governor Makinde

Foxxymobilebusiness
By Foxxymobilebusiness | Opera News Nigeria
Published 2 months ago - 0 views

A News broadcast which has gone viral today being November 24th 2020, on various media platform, has it that, the Oyo State Governor, Seyi Makinde, has presented the Budget Proposal for the 2021 Fiscal Year to the Oyo State House of Assembly, as the aggregate budgeted sum is ₦266.64billion, with education projected to receive 21% of the budget at N56.35billion, a rise from N12 billion budgeted in 2019.

Intelligence report gathered from various online media by foxxymobile team today being, November 23rd of 2020, disclosed that Governor Makinde revealed this on his social media post on Monday, while he tagged the proposal as the ‘Budget of Continued Consolidation’ , as he stated that it was prepared with the input from stakeholders in all 7 geopolitical zones of the state.

More report gathered from various online media by foxxymobile team today being, November 23rd of 2020, disclosed that Governor Makinde revealed that the infrastructure expenditure in the budget would be N46.06billion, signifying 17.27% of the total budget, a rise of N33.66 billion over that of previous year.

Further report gathered from various online media by foxxymobile team today being, November 23rd of 2020, has it that Governor Makinde further revealed that other expenditure includes Healthcare which takes 4.9% of the budget with an N13.29billion allocation, while Agriculture which signifies 3.6% valued at N9.58billion .

Moreover report gathered from various online media by foxxymobile team today being, November 23rd of 2020, has it that Governor Makinde further revealed that Oyo has reduced its infrastructure shortfall and made advances in the areas of education, healthcare, and others, as the state recorded a 26% rise in IGR at N25.6 billion and hopes to rise IGR to over N100 billion for the 2021 budget.

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