Economy

The #GSM Diary: A revised Oyo State Appropriation Review and Finance Bill, 2019 signed into law.

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The #GSM Diary: A revised Oyo State Appropriation Review and Finance Bill, 2019 signed into law.

“This afternoon, I signed the Oyo State Appropriation Review and Finance Bill, 2019, a revised budget for the state, into law. In view of the current financial state of our state, the budget of N285B approved by the previous administration was unrealistic.
We have revised the budget downward to N182B; this includes an upward review of the budget for education to 10% of the total budget. Our administration will work towards improving the economy of the state so that subsequent budgets match our financial capabilities and budget implementation is above 70% .

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