Oyo State Governor Seyi Makinde has delivered the 2024 budget proposal, totaling N434,221,765,938.79, labelled “A Budget of Economic Recovery.”
The proposed budget reflects the administration’s commitment to sustainable development and outlines strategic initiatives to navigate economic challenges, particularly those arising from the removal of fuel subsidy.
Governor Makinde noted that the budget is a key instrument for showcasing the government’s policy implementation, with a focus on projects designed to alleviate the impact of economic challenges.
The budgetary provisions are expected to address critical sectors, including infrastructure, healthcare, education, and social welfare, aligning with the government’s overarching goal of fostering sustainable development.
Governor Makinde’s presentation, Truth Live News understands, highlights the administration’s strategy to navigate the post-fuel subsidy era and promote economic resilience.