Makinde signs N892bn 2026 appropriation today

Makinde signs N892bn 2026 appropriation today

Oyo State Governor, Seyi Makinde, will sign the 2026 Appropriation Bill of N892bn into law today, Monday.

This was contained in a statement by his Special Adviser on Media, Sulaimon Olarenwaju, in Ibadan, the state capital, on Sunday.

The PUNCH reports that the budget signing ceremony, which will be held at the Executive Council Chambers of the Governor’s Office, is coming after the state House of Assembly passed the 2026 Appropriation Bill into law last week, following meticulous consideration.

The governor, on November 24, 2025, presented the 2026 budget proposal, christened the Budget of Economic Expansion, to the Assembly, with a total estimate of N891,985,074,480.79.

He stated at the event that the 2026 budget is meant to build on the foundation of stability to drive productivity and inclusive growth.

According to the statement, “Expected at the ceremony are the Deputy Governor, Bayo Lawal; the Speaker of the House of Assembly, Adebo Ogundoyin; and the Chief Judge of the state, Iyabo Yerima.

“Other functionaries expected are former Deputy Governors Hamid Gbadamosi, Hazeem Gbolarumi, and Taofeek Arapaja; Mutiat Ladoja; former Speaker of the state House of Assembly, Monsurat Sunmonu; the Deputy Speaker of the House of Assembly; as well as the Chairman and members of the Assembly’s Appropriation Committee.“Also billed to attend are the Chairman and Co-Chairman of the state Elders’ Council; the Chairman of the state Advisory Council; the state Chairman of the Peoples Democratic Party; the Chairman of the state Local Government Chairmen; labour union leaders; selected religious leaders; and royal fathers, among others.”

Makinde signs N892bn Oyo State budget for 2026 into law