Oyo assembly passes N210bn supplementary budget
The Oyo State House of Assembly has approved an additional N210 billion supplementary budget for the 2026 fiscal year, bringing the total to over N1.1 tril Read More: https://punchng.com/oyo-assembly-passes-n210bn-supplementary-budget/
The Oyo State House of Assembly has approved a supplementary budget of N210 billion for the 2026 fiscal year, increasing the total approved financial provision for the state to over N1.1 trillion. This decision came after the presentation and adoption of the report from the House Committee on Finance, Appropriation and State Economic Planning during a plenary session in Ibadan.
Committee Chairman Sunkanmi Babalola reviewed the bill clause by clause, incorporating input from the Ministry of Budget and Economic Planning and the Medium Term Expenditure Framework. With this approval, the state's financial resources for 2026 under the Finance Law have been raised from N892,085,074,480.79 to N1,102,085,074,480.79.
The supplementary finance will be sourced from the Consolidated Revenue Fund of Oyo State, with details outlined in the bill schedule.
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- Oyo assembly passes N210bn supplementary budget punchng.com
