Governor Makinde presents ₦678 billion budget for 2025 to Oyo Assembly

The News Agency of Nigeria (NAN) reports that the 2025 budget is tagged “Budget of Stabilisation.”

The capital expenditure is ₦343 billion, which represents 50.6% of the total budget while the recurrent expenditure is ₦335 billion, representing 49.4% of the budget. Makinde said that infrastructure development would take the largest allocation of ₦152 billion, representing 22.4% of the budget.

The governor stated that ₦145 billion was earmarked for the education sector, 21%, while ₦59 billion was for the Health sector, representing 9% of the total budget.