The Oyo State Governor, Engr Seyi Makinde has presented a budget of 678 billion naira before the state house of assembly for the 2025 fiscal year.
According to the appropriation bill, infrastructure gulps the lion share of the budget with 152 billion naira, while education took 145 billion naira.
The budget also targets economic stabilization that will support the new minimum wage implementation in Oyo state.
The health and agriculture sectors will also take 59 billion naira of the total budget.
Governor Makinde said efforts will be made to further draw investors to the state in the new fiscal year.