Governor Seyi Makinde of Oyo state has signed 2024 appropriation bill of over four hundred and thirty-eight billion naira into law.
Governor Makinde while accenting the bill tagged “Economy Recovery” at the Executive Chamber, Agodi, Secretariat,Ibadan described the 2024 budget as a critical one where government has to demonstrate responsiveness to governance in view of emerging challenges facing the nation.
The governor therefore called for more support and understanding from stakeholders particularly organized labour in the state.
Governor Makinde who explained that his administration has doubled 35 percent budget performance it met in 2019 assured that the 2024 budget is being targeted at 80 percent performance.
In a remark, the Speaker, Oyo State House of Assembly, Adebo Ogundoyin said the legislative arm, gave the budget accelerated passage with due diligence to adequately prepare ahead of next fiscal year.
Earlier, the Commissioner for Budget and Economic Planning, Professor Musibaudeen Babatunde, disclosed that the 2024 budget was prepared based on science, logic, and data.
It would be recalled that Oyo State house of Assembly had on Tuesday passed into law, 2024 budget which is four billion, two hundred million naira higher than the budget proposal presented by Governor Makinde earlier this month.
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