 Governor Shiai Makhinde of Oyo State on Tuesday presented a total budget proposal of 434,221,765,938 Naira 79 Kobo for the 2024 fiscal year to the Oyo State House of Assembly. According to the governor, the budget is titled Budget of Economic Recovery. Of the total budget proposal, the governor earmarked the total sum of 222.3 billion Naira for capital expenditure while the total sum of 211.8 billion is for a current expenditure. Education received top priority with the budget allocation with 90.6 billion Naira, a 20% of the total budget while 74.3 billion was budgeted for infrastructure, taking 17.11% of the 2024 appropriation. In his speech, the Speaker of the House of Assembly, Red Honourable Adebo or Gudoyin, promised accelerated but thorough hearing of the budget proposal to ensure that the executive does not encounter legal impediments in the performance of its functions for the development of the state. The budget is titled Budget of Economic Recovery. This break down shows that our administration is once again prioritizing our education sector. The vision is to push the states on the purpose of social economy growth and development and eradicate poverty. The year 2024 budget proposes out 430.2 million, 765.938 Naira 79 Kobo. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.