Oyo Speaker vows robust oversight as Makinde unveils 2026 budget

Speaker of the Oyo State House of Assembly, Mr Adebo Ogundoyin, has assured that the assembly would remain steadfast in its oversight responsibilities to collaborate efforts of the executive.

Ogundoyin said this in Ibadan on Monday at the presentation of the 2026 budget, tagged the “Budget of Economic Expansion”, by Gov. Seyi Makinde of Oyo State.

Makinde had earlier presented a budget of N891.9 billion, made up of capital expenditure of N502.8 billion (56.37 per cent) and recurrent expenditure of N389.1 billion (43.63 per cent).

The speaker said that the assembly would ensure that every naira appropriated would be accounted for and every project delivered with measurable impact.

“We will continue to work collaboratively with the executive and other arms of government to implement policies and programmes that uplift our people and transform our state,” he said.

He commended Makinde for his visionary leadership and remarkable strides made under the 2025 “Budget of Economic Stabilisation”.

According to Ogundoyin, the annual budget presentation is a statutory requirement and a democratic ritual, which must be performed by the executive for every fiscal year.

“The fiscal document brought before us speaks, not just to figures and forecasts, but to the very future we envision for Oyo State.

“It further signifies our continued commitment to inclusive governance, transparency, and the economic advancement of our dear state,” he said.

Ogundoyin said the 2026 budget proposal, as always, was the outcome of an extensive stakeholders’ engagement across all seven geopolitical zones of the state.

This, he said, was to ensure that their voices, needs, and aspirations were genuinely reflected in the fiscal priorities for the year ahead.

The speaker added that the budget reflected a bold fiscal direction, aimed at deepening development and human capital growth in the state.

“Out of this, infrastructure receives the highest allocation, representing 23.5 per cent of the total budget.

“This signals the administration’s continued emphasis on connectivity, public utilities, and capital projects.

“The education sector follows with 17.4 per cent, affirming the government’s investment in future generations, while the health sector is next with 7.9 per cent allocation, a demonstration of the determination of this administration to enhance access to quality medical services.

“Agriculture gets 2.2 per cent of the 2026 budget proposal,” he said.

He added that reflections on the performance of the outgoing fiscal year, 2025, showed that overall revenue performance stood at 62.6 per cent, with Internally Generated Revenue at 44.4 per cent.

He said that the house had, in the last two years, passed 32 impactful bills, received and deliberated on 110 Committee Reports, moved 125 Motions, and considered 45 Matters of Urgent Public Importance.

Ogundoyin said that the house had notably adopted over 500 resolutions, addressing diverse socio-economic issues affecting our people.

“Significantly, Oyo State remains the first and only state assembly in Nigeria to establish a Post Legislative Scrutiny (PLS) Unit, further reinforcing our commitment to accountability, transparency, and result-oriented legislation,” he said.

The speaker, however, urged the governor to look into critical concerns raised by the Parliamentary Staff Association of Nigeria (PASAN), Oyo State Chapter.

According to him, the association is presently contemplating participation in a nationwide industrial action to press home certain long-standing demands.

“These include an upward review of the Consolidated Legislative Salary Structure (CONLESS), and a request for the implementation of appropriate status for Deputy Clerks with commensurate remuneration.

“Others include the full implementation of the financial autonomy for the legislature, upgrade and renovation of the House of Assembly Complex, and a request for a utility bus to support PASAN’s essential activities,” he said. (NAN)