File photo: Abiola Ajimobi
Oyo State Governor Abiola Ajimobi has presented a budget of N267billion to the State House of Assembly for ratification and approval.
The presentation of the proposal tagged ‘Budget of Stabilisation’, was witnessed by people from all walks of life at the hallowed chamber of the Oyo State House of Assembly Secretariat, Agodi in Ibadan, the state capital.
Governor Ajimobi said the 2018 budget was carefully structured towards consolidating upon the gains of the previous years which he said could be very challenging.
The 2018 budget is N60billion greater than the 2017 budget of N207billion and N94billion higher than the 2016 budget of N173billion.
In essence, the government is expecting about N93billion from the Federation Account in 2018 compared to N69billion that was received in 2017.
Ajimobi Presents N267bn ‘Budget Of Stabilisation’
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