Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Makinde’s records in Oyo practical reference point for national development – Oyekunle
    • The Importance of Having Qualified and Certified Food Professionals as Legislators in Nigeria By Fagbemi Stephen Ph.D
    • Hon Sanda Congratulates Olajumoke Lawal on Birthday
    • ADLAT Congratulates Makinde as APM Commissions 2027 Campaign Headquarters in Abuja
    • Ologburo Donates ₦10m to Support Muslim Hospital Oyo Project
    • 2027: Local Contractors will handle reconstruction of inner roads to avert capital flight – Oyo ADC guber candidate assures
    • Makinde: The Aare of liveability By Sulaimon Olanrewaju 
    • ‎Abioye Samuel Felicitates Mrs Lawal (Mama Pineapple) on Birthday
    Facebook X (Twitter) Instagram YouTube
    Goal Poacher NewsGoal Poacher News
    Demo
    • Home
    • General News
      • Local News
      • Foreign News
    • Political News
    • Business News
    • Science
      • Technology
    • Health
      • COVID-19
    • Sports
    • Entertainment
      • Video
    Goal Poacher NewsGoal Poacher News
    Home»Political News»JUST IN: Oyo Government Increases 2026 Budget to N1trillion
    Political News

    JUST IN: Oyo Government Increases 2026 Budget to N1trillion

    GoalpoacherBy GoalpoacherJune 24, 2026Updated:June 24, 2026No Comments4 Mins Read
    WhatsApp Facebook Telegram Twitter
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Oyo State Executive Council has appealed to the Nigerian Union of Teachers (NUT) to allow students to go back to school and discontinue the disruption of the academic calendar any further.

    This appeal was contained in a statement issued by the Commissioner for Information, Prince Dotun Oyelade, after the executive council meeting yesterday.

    “While the reasons for the withdrawal of the students from school by the NUT are understandable, the collateral implications, both social and economic are raising unintended concerns and should equally be considered by the NUT.” he said


    Council reassured that the government is taking strategic steps to ensure that the issue of the kidnapping at Oriire Local Government is brought to a close soon.

    During the session, Council approved the release of ₦8,768,954,000 (Eight Billion, Seven Hundred and Sixty-Eight Million, Nine Hundred and Fifty-Four Thousand Naira) in the first instance, for the procurement of teaching and learning materials for primary and junior secondary schools across the state. The total cost of the project is ₦23,012,000,000 (Twenty-Three Billion, Twelve Million Naira).

    In accordance with UBEC Abuja, in collaboration with the World Bank, the textbooks to be purchased will be in Numeracy, Literacy, Mathematics, English Language, and Basic Science.

    According to the Commissioner, “Upon the successful procurement and distribution of the approved textbooks, Oyo State becomes eligible for a reward-based disbursement of Two United States Dollars (US$2) per student per subject, in line with the project’s results-based financing arrangement.”

    Council also approved the realignment and supplementary budget of the year 2026.

    The Commissioner added that, in order to meet the aspirations of this administration and its determination to ensure that all on-going projects across the state are completed before the end of this administration, some ministries, departments, and agencies have requested increments in their budgets.

    The Council therefore increased the 2026 budget from ₦892,085,074,480.79 (Eight Hundred and Ninety-Two Billion, Eighty-Five Million, Seventy-Four Thousand, Four Hundred and Eighty Naira, Seventy-Nine Kobo) to ₦1,102,085,074,480.79 (One Trillion, One Hundred and Two Billion, Eighty-Five Million, Seventy-Four Thousand, Four Hundred and Eighty Naira, Seventy-Nine Kobo).

    According to the commissioner, the Council was also briefed on the need to approve the execution of the African Continental Free Trade Area (AfCFTA)-related implementation programmes being undertaken by the Office of the Secretary-General of the AfCFTA Secretariat in collaboration with the Oyo State AfCFTA Office.

    He noted that the Secretary-General of AfCFTA commended Governor Seyi Makinde for the remarkable progress recorded in the implementation of the AfCFTA initiative within the state, which has exposed Oyo State to trade and investment opportunities in Africa, particularly in the areas of industrialization, agribusiness, and export-oriented enterprises.

    To this end, Council approved the payment of 250,000 dollars (Two Hundred and Fifty Thousand United States Dollars) to the African Continental Free Trade Area (AfCFTA) to provide Oyo State a good footing in attracting investment in Africa.

    The Commissioner also said that after the successful implementation of Sustainable Action for Economic Recovery (SAfER) in Oyo State last year, Council approved the total sum of ₦5,909,734,750.00 (Five Billion, Nine Hundred and Nine Million, Seven Hundred and Thirty-Four Thousand, Seven Hundred and Fifty Naira) for the implementation of the 2026 work plan of the Health Insurance and Food Security components of SAfER.

    The Commissioner recalled that SAfER was established by Governor Seyi Makinde in 2023 to cushion the economic impact of the removal of fuel subsidy by the Federal Government.

    As a result, transportation fares were reduced for workers, elderly people, and the vulnerable. Food was equally distributed, health insurance was established for pensioners, and the government also supported small-scale entrepreneurs.

    Council was convinced that this assistance should continue because the hardship being experienced by citizens has not abated.

    The Council congratulated Gov Seyi Makinde over the return of the Shooting Stars Football Club to the elite Continental competition after 27 years. The governor said government will ensure that the Lekan Salami stadium will be ready to host the competition.

    Oyo Government Seyi Makinde
    Share. WhatsApp Facebook Twitter Telegram
    Goalpoacher

    Related Posts

    Makinde’s records in Oyo practical reference point for national development – Oyekunle

    September 8, 2026

    ADLAT Congratulates Makinde as APM Commissions 2027 Campaign Headquarters in Abuja

    September 8, 2026

    2027: Local Contractors will handle reconstruction of inner roads to avert capital flight – Oyo ADC guber candidate assures

    September 8, 2026
    Leave A Reply Cancel Reply

    New Comments
    • Idowuismaila raifu. on Fuel Palliative: Makinde Approves N10,000 for Civil Servants, LG Workers
    • JOHN OYENIYI on COVID-19: Private Varsities Appeal To NUC For Reopening For On-Campus Learning
    • Kareem Akeem on PHOTOS:Ayo Fatokun Foundation Empowers Youths In Akinyele LG
    • Adebayo Ayodeji on Oyo Government Gives Palliatives To Students In Tertiary Institutions
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Political News

    Makinde’s records in Oyo practical reference point for national development – Oyekunle

    By GoalpoacherSeptember 8, 20260

    The newly commissioned Makinde/Daura Presidential Campaign Office in Abuja has become a major rallying point…

    The Importance of Having Qualified and Certified Food Professionals as Legislators in Nigeria By Fagbemi Stephen Ph.D

    September 8, 2026

    Hon Sanda Congratulates Olajumoke Lawal on Birthday

    September 8, 2026

    ADLAT Congratulates Makinde as APM Commissions 2027 Campaign Headquarters in Abuja

    September 8, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Goal Poacher News
    Facebook X (Twitter) Instagram WhatsApp
    • Home
    • Lifestyle
    • Arts & Culture
    • Travel
    • Buy Now
    © {2026} Goalpoacher News . Designed by SPLASH ARTS. CONTACT US ON 08059330901

    Type above and press Enter to search. Press Esc to cancel.