The Oyo State House of Assembly has passed a total budget of #892 billion 2026 Appropriation Bill into law.
The passage of the bill was sequel to the presentation of the report of the House Committee on Finance, Appropriation and State Economic Planning.
Speaking after the passage, member representing Egbeda state constituency and chairman of Finance, Appropriation and state economic planning Mr. Olasunkanmi Babalola, described the moment as “historic,” emphasizing the Assembly’s commitment to fiscal discipline, infrastructure development, and timely governance in the state
According to him, the adjustment reduced the overhead budget from ₦389 billion to ₦387 billion, while increasing capital expenditure to over ₦504 billion, signaling a deliberate shift toward developmental projects and long-term investments in the state’s infrastructure.
Mr Babalola who assured Oyo state citizens that the 2026 budget would reflect their priorities noted that the state government will continue to deliver the dividends of democracy to all and sundry
Reacting to the recent concerns raised by Governor Seyi Makinde regarding indiscriminate waste disposal, Mr Babalola confirmed that the Ministry of Environment and Natural Resources is a key beneficiary of the 2026 budget.