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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.
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