Oyo State Governor, Engr. Seyi Makinde, yesterday, presented a N208
billion 2020 budget estimates to the State House of Assembly for
Makinde, while addressing the Assembly in a 16-page speech, noted that
his administration plans to be bullish with infrastructure development
in the State by embarking 23 per cent of the budget for the sector.
A statement by the Chief Press Secretary to the Governor, Mr. Taiwo
Adisa indicated that the 23.93 percent allotted to infrastructure is
the highest in the state’s history.
The statement also indicated that in line with his administration’s
belief that education remained the fastest way to take the people out
of poverty and its commitment to delivering free and qualitative
education in the State, the government has allocated the second
highest percentage of the 2020 Budget, 22.37 per cent, to the
The Governor said: “I am here today to present to you the Oyo State
Budget Proposal for the 2020 Fiscal Year. It is a budget that captures
the aspirations of the good people of Oyo State. The farmers in Ido,
Ilora, Ijaye, and Akufo who wake up every morning hoping this is the
day their relief will come. When the roads that link their farms to
markets will be built and they can make more money for their toil.
“The market women and men in Gbagi Titun Market as well as the rural
markets in Iresadu and Eruwa, whose hope is that the economy can be
buoyant enough so that people can buy from them. The drivers and
conductors on Iwo Road, Ogbomoso, Ipapo and Lalupon who do not want to
spend all their takings on bus repairs. The civil servants at Agodi
Secretariat who put in an honest day’s work and just want to get their
salaries paid on time so they can care for their families.
“The students in public primary, secondary and tertiary institutions
who want quality education so they can compete favourably with their
counterparts worldwide. The old, the sick and infirm who want to go to
a government hospital and get quality service without paying out of
pocket. The small and medium scale business owners who want an
enabling environment for their business to thrive.
“The big corporations who set up industries in Oyo State believing
that government will play their role in providing a conducive
environment for sustainable growth. It is a budget that every woman,
man, and child in Oyo state can relate to and be proud of. A budget in
keeping with our Roadmap for Accelerated Development in Oyo State
“Mr Speaker Sir, Honourable Members, this is the first time I will be
coming before you to present and defend a budget that is wholly this
administration’s. Please permit me to share with you some of the key
areas of the 2020 Oyo State Budget Proposal highlighting our revenue
and expenditure plans and how this will contribute to the accelerated
development of the economy of Oyo State.
“Let me start by saying that we are aiming for at least 70 per cent
budget implementation. We believe we can even exceed this because we
are not building castles in the air. Our proposed budget income
matches our proposed expenditure.”
According to Governor Makinde, the capital expenditure of the State
for the 2020 Budget was increased by 20 per cent compared to the 2019
Budget, with the capital expenditure estimate in the 2020 Budget
proposal standing at N100,142,690,046 billion, representing 47.9 per
cent of the budget.
…inaugurates Oyo’s 5-man committee on LAUTECH ownership
Oyo State Governor, Engr. Seyi Makinde, on Wednesday inaugurated a
5-member Committee to work with a similar Committee from Osun State to
deliberate on the ownership of the Ladoke Akintola University of
He maintained that though Osun and Oyo states would continue to remain
brothers in other areas, the Committee’s mandate is to resolve the
perennial challenges facing the University due to ownership crisis, by
securing a divorce.
A statement signed by the Chief Press Secretary to the Governor, Taiwo
Adisa, quoted the Governor as saying that the Oyo State Government was
ready to shoulder the responsibility of sole ownership of the
institution in order to ensure its smooth running in the interest of
the over 30,000 students population, 1,200 workforce and the economy
of Ogbomoso in particular and Oyo State in general.
The Committee, which was inaugurated by the Governor at the Executive
Chamber of the Governor’s Office, Secretariat, Agodi, Ibadan, had as
its chairman Prof. Deji Omole of the University of Ibadan.
Other members include a former minister of the Federal Capital
Territory, Oloye Jumoke Akinjide; Chief Bolaji Ayorinde (SAN); Oyo
State’s Commissioner for Education, Professor Dahud Shangodoyin and
his counterpart in the Ministry of Justice, Professor Oyelowo Oyewo.
Speaking during the inauguration, the Governor said: “I was at LAUTECH
yesterday to assess things in the institution with over 30,000
students and more than 1,200 staff members. There are hundreds of
thousands of naira in daily income of dependent businesses. So, each
time the Ladoke Akintola University of Technology, Ogbomoso, shuts
down due to non-payment of salaries or any other issues faces the
institution, everyone suffers.
“This is because LAUTECH is not just a centre of academic activity in
Ogbomosho, Oyo State. Most commercial activities in this town revolve
around the institution, and since anything that affects the
socio-economic dynamics of any setting of Oyo State affects us all, we
must give these challenges due attention.
“It is for this reason that we are inaugurating this five-persons
committee today. And why do we need a committee to take charge of the
LAUTECH delegations? For some of us that read the Bible, you will
recall a dispute and I’m sure there will be something similar in the
Holy Quran as well.”
He added that, “In the Oyo State 2020 budget, we have already
structured overhead and capital expenditure for the University. At a
budgetary proposal of about N2.09 billion. We will fund any other
additional expenditure which may arise from sole ownership with the
supplementary budget if necessary.”
Responding on behalf of the Committee, its chairman, Prof. Omole,
appreciated the Governor for the opportunity offered them, promising
that the Committee would take the assignment given to it with
integrity and courage.
He added that the committee’s submissions will be based on facts and figure.