The Oyo State House of Assembly has approved an upward review of the state 2025 budget, increasing it from N678 billion to N684 billion.
The approval was read during Wednesday’s plenary, after the House Committee on Finance, Appropriation, and State Economic Planning presented its report.
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The approval was read by the committee’s chairman, Mr Sunkanmi Babalola (Egbeda-PDP).
Recall Governor Seyi Makinde had on November 13 presented a budget proposal of N678,086,767,332.18.
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According to the speaker, Mr Adebo Ogundoyin, the upward review is to accommodate emerging priorities and critical projects that will drive economic growth.
“This will improve infrastructure and enhance the overall well-being of citizens,” he said.