Governor Seyi Makinde Monday assented to the Oyo state N684 billion 2025 Appropriation Act tagged: “Budget of Economic Stabilisation.”
Speaking at the signing of the budget held at the Executive Chamber of the Governor’s Office, Secretariat, Agodi, Ibadan, the governor stated that his administration had been able to improve the performance of the state’s annual budgets from 30 to 35 per cent to over 70 per cent.
He said this is as his administration “engages the whole spectrum of stakeholders in the budget process and has the interests of the state at heart” and that the government would target 80 per cent budget implementation in 2025.
He added that his administration would push for reforms, people-centred policies and economic stability and work for the well-being of residents of the state.
He added that the 2025 budget would also play a key role in stabilising the economy of the state.