Oyebanji Unveils N490.7bn 2027 Budget to Drive Next Phase of Growth in Ekiti State
Gbenga Sodeinde in Ado-Ekiti Ekiti State Governor, Biodun Oyebanji, yesterday, unveiled a proposed N490.74 billion budget for the 2027 fiscal year, describing it as the financial blueprint that would consolidate
Ekiti State Governor, Biodun Oyebanji, presented a proposed N490.74 billion budget for the 2027 fiscal year in Ado-Ekiti, describing it as the financial blueprint to consolidate gains from his first term and accelerate economic growth. The budget, titled "Budget of Sustained Progress and Prosperity," aligns with the state's 30-Year Development Plan (2021-2051) and the six pillars of his administration.
The proposal includes N275.68 billion for recurrent expenditure and N215.06 billion for capital projects. The governor emphasized that the budget supports ongoing reforms, expands infrastructure, stimulates economic activities, and improves welfare. Ekiti State House of Assembly Speaker, Hon. Adeoye Aribasoye, commended the governor for presenting a people-oriented budget, reflecting priorities from town hall consultations in the state's three senatorial districts.
Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
