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Governor Makinde budgets N434.2bn for 2024

By Chinyere Treasure Mbadiwe
1 Min. Read

The governor of Oyo State, Seyi Makinde has presented a budget of N434,221,765,938,79 billion to the House of Assembly for the 2024 fiscal year.

Makinde, during the budget presentation yesterday, tagged: ‘Budget of Economic Recovery,’ stated that the capital expenditure took N222.3bn of 2.4% of the budget, while total recurrent expenditure carried N211.8 billion.

Education took the larger share of the budget allocation with N90.6 billion, 20% of the budget while 74.3 billion was budgeted for infrastructure, taking 17.11% of the 2024 appropriation, the governor added.

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.
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