Makinde Administration Boost Oyo State’s IGR by 17% in One year

…As N4.95bn IGR recorded in Q1 2024, up from N4.2bn in 2023

…As Makinde approves 30km road grading for each local govt

Oyo state Governor Engr. Seyi Makinde has given all the 33 local government Chairmen Areas of the state go-ahead to grade 30 kilometres of road each.

Governor Makinde stated this while speaking at the Special plenary sitting to mark the first anniversary of the 10th Assembly and presentation of a State of the State Address, held at the Oyo State House of Assembly Complex, Agodi, Ibadan.

Speaking about road construction “I have given a nod for the implementation for about 30 kilometres of road per local government.

“They should go ahead and do it, as we have given the nod.

The money is sitting in the account of each local government area”.

The governor, who appreciated members of the House of Assembly and the people of Oyo state for their support for the administration and contributions to the growth of the state’s economy, said the Internally Generated Revenue (IGR) of the state increased from N4.2bn in 2023 to N4.95bn in the first quarter of 2024.

According to the governor, the policies and projects of his administration in the last five years have been geared towards restoring dignity and pride of Oyo state.

He gave the assurance that there would continue to be a cordial relationship among the three arms of government in order to ensure that all zones of the state feel the impact of good governance.

According to the governor, the real impact of the road project is that the state is fast becoming a regional agribusiness industrial hub, with Fasola Agribusiness Industrial Hub located on the Oyo-Iseyin Road, hosting agri-industries such as WAMCO with 200 hectares of dairy production; Milkin Barn Agro Services Ltd with 150 hectares for maize cultivation and dairy production; IITA platform Generative and GOSEED Vegetative Ltd with 100 hectares for cassava value chain development, among other companies.

Governor Makinde also reiterate his administration’s commitment to building institutions that will guarantee the well-being and continued prosperity of the state, saying his government would be defined by these institutions.

He solicited for more support and collective responsibility to solve various challenges facing the state, noting that the government cannot do it alone.

In his remark, The Speaker of the Oyo State House of Assembly, Rt, Hon. Adebo Ogundoyin said the Assembly has in the last one year, worked tirelessly to review and pass important legislations, debated critical issues, and represented their constituents with dedication.

He commended the lawmakers for their high level of commitment and patriotism to the welfare of the people of Oyo State and their collaboration with the Executive Arm of government in its quest to transform and re-engineer the state.

According to Ogundoyin, all the achievements recorded by the House within the last one year were due to the unflinching support and cooperation of Governor Makinde, who according to him, “has taken good governance to a higher level of quality, impact and effectiveness.”

The event had in attendance the Deputy Governor of Oyo state, Barr. Lawal; PDP Deputy National Chairman (South), Ambassador Taofeek Arapaja; as well as former Deputy Governors of Oyo state, Engr. Hamid Gbadamosi and Alhaji Hazeem Gbolarunmi.

Also in attendance were Senator Monsurat Sunmonu; Chief Judge of Oyo State, Justice Iyabo Yerima; Secretary to the State Government, Prof. Olanike Adeyemo; Chief of Staff to the Governor, Hon. Segun Ogunwuyi; Head of Service, Mrs Olubunmi Oni, Political Functionaries, Traditional rulers and religious leaders, among other dignitaries.