Engr. Seyi Makinde Makinde, the chief Governor of Oyo State on Monday, 23rd November 2020 at the ground of the Oyo State House of Assembly presented a N266.6 billion naira allow 2021 financial year and has declared that the budget will meet the expectation of the people of Oyo state.
Speaking at the budget presentation which consistent with Governor Makinde is titled “Budget of Continued Consolidation” noted that the state has made significant progress in its drive across all sectors.
Makinde highlighted several success recorded within the current financial year added that the government remains bullish in its approach towards consolidating on the its achievements to realize greater end in the performance of 2021 budget.
Read also: Open Salawu urges Governor Seyi Makinde to change the name of Lautech
He maintained that sequel to the projected 70 percent budget performance within the 2020 budget, the state has however been ready to perform fairly above average of 53.16 percent noting that the difference within the projected budget performance level and therefore the recorded performance level was due largely to the novel COVID-19 pandemic.
Makinde said the budget Is N12bn Naira above the the last budget.
According to the budget the recurrent expenditure is N136, 262,990 while the cost is N130, 381
N56b 348m which represents 21percent of the budget is allocated for education
Makinde, commended the lawmakers for his or her supports and promised continuous collaboration with the lawmakers.
Follow us on Twitter: @oyogist