Connect with us

News

2020 Budget: Makinde pledges 70 per cent of implementation before end of year

Published

on

Oyo State Governor, Engr Seyi Makinde (sitting) signing the 2020 budget with him from left, Commissioner for Budget and Planning, Hon. Adeniyi Farinto, deputy governor, Engr Rauf Olaniyan; Speaker Oyo State House of Assembly, Hon Debo Ogundoyin; Secretary to the State Government, Mrs Olubamiwo Adeosun and Commissioner for Finance, Mr Akiola Ojo held at Executive chamber, Governor's Office Secretariat, Ibadan. PHOTO: Oyo State Government.

Oyo State Governor, Engineer Seyi Makinde, has signed the 2020 Appropriation Bill of the State into Law.

 

The 2020 budget signing ceremony, which was held inside the State’s Executive Council Chambers, Governor’s Office, Agodi Ibadan, was witnessed by the Deputy Governor, Engineer Rauf Olaniyan; the Speaker of the House of Assembly, Rt. Honourable Adebo Ogundoyin, members of the House of Assembly and other top government functionaries.

 

Governor Makinde, who declared that the Government would target a minimum of 70 per cent implementation, stated that the budget would achieve landmark infrastructural development in the State.

 

He said: “So, as I stated in the budget presentation speech, our objective is to, at least, achieve 70 per cent implementation at the end of the 2020 fiscal year.”

 

A statement by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, indicated that the budget was geared towards achieving the plans outlined in the roadmap for accelerated development of Oyo State from 2019-2023.

Governor Makinde said: “The Appropriation Bill for the 2020 fiscal year, which I am about to sign into Law, represents the aspirations of the people of Oyo State. It is geared towards achieving the plans outlined in our roadmap for accelerated development in Oyo State from 2019-2023. We produced this document during the electioneering period and it is exactly what we are following.”

The Governor commended the Oyo State House of Assembly for the prompt scrutinising and passing of the proposed budget bill in order for the implementation of the budget to start from the beginning of the next year.

“Let me start by thanking the Oyo State House of Assembly for promptly scrutinising and passing our budget proposal. This makes it easier for the Executive to do its part in implementing the budget from the beginning of next year. So, I want to, on behalf of the Executive, appreciate the Honourable Speaker and other House of Assembly members that are present here.”

The Governor hinted that all the civil servants would receive their 13th month salary by the 28th of December, 2019.

“Before we draw the curtain on 2019 fiscal year, I mentioned it during my last media chat and I have also mentioned it this morning that our civil/public servants will receive their 13thmonth salary by December 28,” he said.

The Governor noted that the drafting of the budget was holistic in nature as everyone in all the nooks and crannies of the State was carried along.

“We ensured that everyone was involved in drafting the budget proposal at different engagements and sessions throughout the State. I personally was engaged in the engagement session for Oyo South Senatorial District. The Deputy Governor spearheaded the engagement session for Oyo North Senatorial District and the Chief of Staff did that of Oyo Central. Our people were carried along.

“We believe so much in the document, because a lot of work actually went into it and it will interest you to also know that even international agencies have been making references to it. I had a meeting with the World Bank and they brought out the document and said they have been referencing it. So, it is our roadmap.

“The total amount passed by the state House of Assembly was 213,788,33,2.97. This is an increase of 4,935,60,124.97 compared to the budget proposal we submitted. So, in reality, the House of Assembly has graciously added more money to the budget, probably they did it on the expenditure side, they will still have to come back to us on the revenue side.

He said: “Both capital and recurrent expenditure were increased by the House of Assembly compared to the budget proposal, which we submitted. So, the total capital expenditure is now 1,360,177,88.97 and the total recurrent expenditure is now 110,427,855,919. Even though, we have been consistently paying salaries as and when due, we managed to decrease personnel cost in the budget compared to the 2019 budget.

“We are all aware of the validation exercise that is going on. On one hand, we hope that it will allow us to eliminate ghost workers syndrome and, on the other hand, we have just set up the Committee to engage the Labour Union to seek alignment on the new minimum wage issue. So, we will keep a close watch on what has been approved by the House of Assembly on the side of the recurrent expenditure.

The Governor added:  “The top four sectors with the highest budgetary allocations are infrastructure, which has 23.93 percent; education 22.37 percent; health is 5.18 percent and agriculture which is 4.1 percent. These sectors were prioritised because they represent the four pillars that this administration is resting on.

 

“On infrastructure, we do have a couple of developmental projects that are coming in. We know for a fact that within the 2020 fiscal year, the rail corridor will become a reality. We will push forward with the dry port.

“As I said during the media chat, if you don’t want this place to be like Lagos, then we have to plan early. If we know the dry port is coming early, we have to design a new road network, plan for the influx of people. If you have a dry port, you should have clearing agents and different workers in there. So, what this means to us is we need hotel accommodation should they stay two or three-night here to complete their transactions. So, on all of these, we have to prioritise, pull those projects in before they turn into an emergency.

“I want to use this opportunity to thank the good people of Oyo State for the overwhelming support they have given this administration.
“Also, on behalf of my colleagues seated here, I will remain bound by our commitment to serve the people.”

Comments

News

FG vows to tackle power crisis, commissions 3MW solar plant at Abuja varsity

Published

on

Joseph Tegbe

The Federal Government has vowed to tackle Nigeria’s power challenges, with the Minister of Power, Joseph Tegbe, assuring Nigerians that the administration of President Bola Tinubu will deliver on its promise of improved electricity supply.

Tegbe gave the assurance on Wednesday in Abuja while commissioning a 3MW solar hybrid power project at Yakubu Gowon University, formerly the University of Abuja.

The project, delivered under Phase II of the Federal Government’s Energising Education Programme, is expected to provide more reliable electricity for teaching, research, laboratories, digital services and other critical activities at the university.

The intervention was implemented by the Rural Electrification Agency through the World Bank-funded Nigeria Electrification Project.

The facility comprises a 3.3MW solar array, 3MW AC output capacity and 2MWh battery storage designed to support critical loads beyond daylight hours. The project also includes 388 solar-powered streetlights to improve lighting and security across the campus.

Speaking at the commissioning, Tegbe said the project demonstrated how investment in electricity could directly support human capital development.

“There is perhaps no better place to demonstrate the practical value of Nigeria’s energy transition than a university,” the minister said.

He explained that universities required dependable power not only for classrooms, but also for research, laboratories, technology, administration and digital services.

Tegbe, who described the commissioning as the beginning rather than the end of the investment, said the government was also working to ensure that renewable energy facilities remained functional over the long term.

He said the newly established Renewable Asset Management Company would play a role in ensuring proper management and maintenance of renewable energy assets.

The minister also disclosed that efforts were underway to extend electricity coverage to other parts of the university, including student hostels, following requests from the institution’s Student Union Government and management.

He said the government would work towards ensuring that other areas of the university were covered within six months.

The Managing Director of the REA, Abba Aliyu, said the Energising Education Programme had evolved from simply providing electricity infrastructure to supporting education, research and human capital development.

According to him, the programme has so far delivered renewable energy infrastructure to 22 federal universities and three affiliated teaching hospitals, deploying more than 100MW of clean energy nationwide.

Aliyu said the experience gained from the projects had shown the need to pay as much attention to maintenance and long-term performance as to construction.

“We have become very good at asking, ‘How do we build more?’ We must now become equally rigorous about asking, ‘How do we protect what we have already built? How do we make it perform? And how do we preserve its value?’” he said.

The Head of the Nigeria Electrification Project, Olufemi Akinyelure, said the impact of the project should be measured beyond the electricity generated.

He said reliable electricity would enable laboratories to function, support research and create better conditions for students and lecturers.

“Government may not be in the business of making profit, but it must always be in the business of making progress,” Akinyelure said.

The Vice-Chancellor of Yakubu Gowon University, Prof. Hakeem Fawehinmi, described the project as a major investment in the institution’s academic mission.

Fawehinmi said the university could not effectively teach, conduct meaningful research, operate laboratories or sustain digital services without dependable electricity.

He assured the Federal Government and other partners that the university would properly utilise and maintain the facility.

Also speaking, the Chairman of the Senate Committee on Power, Senator Enyinnaya Abaribe, said the project underscored the need to connect government investment with sustainable outcomes.

Abaribe urged the university to take ownership of the facility and ensure that appropriate arrangements were made for its operation, maintenance and protection.

Beyond electricity generation, the project includes a Renewable Energy Workshop and Training Centre designed to support practical learning and skills development in renewable energy technologies.

The programme also has a female STEM component aimed at giving students practical exposure to renewable energy and opportunities in the sector.

The project was delivered through collaboration among the Federal Government, REA, the Nigeria Electrification Project, the World Bank, Yakubu Gowon University and EMONE Energy Solutions.

With the facility now commissioned, the focus shifts to keeping it operational and ensuring that improved electricity translates into better learning, stronger research and greater opportunities for innovation at the university.

Continue Reading

News

IGP Disu seeks NIPR partnership to boost public trust in police

Published

on

NIPR President, Dr Ike Neliaku, in a handshake with the Inspector-General of Police, Olatunji Disu, at the Force Headquarters in Abuja on Tuesday.

The Inspector-General of Police, IGP Olatunji Disu, has called for stronger collaboration between the Nigeria Police Force (NPF) and the Nigerian Institute of Public Relations (NIPR) to enhance public confidence in the police.

The IGP made the call on Tuesday when he received a delegation of the NIPR, led by its President and Chairman of Council, Dr Ike Neliaku, on a courtesy visit to the Force Headquarters, Abuja.

According to a statement issued by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of effective communication, professionalism, transparency and fairness in strengthening the relationship between the police and members of the public.

Disu noted that every police officer was an image-maker of the Force, adding that the conduct of personnel in their daily interactions with citizens had a direct impact on public perception of the police.

He said the Nigeria Police Force (NPF) remained committed to policing by consent and promoting a service-oriented policing culture built on professionalism, empathy, accountability and respect for human rights.

The IGP also sought the support of the NIPR in providing specialised communication training for police personnel and developing a coherent communication framework that would effectively communicate the sacrifices and contributions of police officers to public safety and national security.

Earlier, Neliaku commended the IGP for his professional accomplishments and briefed him on Nigeria’s hosting of the 2026 World Public Relations Forum and Africa Charter Forum.

The international event is scheduled to hold at the Transcorp Hilton, Abuja, and is expected to attract more than 3,000 delegates from 126 member countries of the Global Alliance for Public Relations.

The NIPR delegation also sought the support of the Nigeria Police Force in security planning and coverage for the event.

Neliaku further invited the IGP to serve as a keynote speaker at the forum and encouraged police officers to register and participate as delegates.

The delegation included the Secretary-General of the African Public Relations Association, Dr Omoniyi Ibietan; Dr Suleiman Haruna; Mrs Maryam Sanusi; Mrs Olubunmi Badejo; Commandant Olusola Odumosu; Chief Uzoma Oyegbadu; Chief Moji Makanjuola; Mr Stanley Ogadigo and other members of the institute.

Iniedu said the meeting reflected the commitment of the  Police Force to building productive partnerships with professional bodies and other stakeholders to strengthen public trust, enhance public safety and promote national security.

 

Continue Reading

News

Inflation drops marginally to 15.39% — NBS

Published

on

Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics.

The NBS disclosed this in its Consumer Price Index released on Tuesday, saying the latest figure represented a 0.04 percentage point decline from the previous month.

The statistics agency, however, reported a sharper decline in the month-on-month inflation rate, which dropped to 0.71 per cent in August from 1.57 per cent in July.

The month-on-month rate, according to the bureau, declined by 0.86 percentage points compared with the July figure.

The NBS explained that the development indicated that the rate at which the average price level increased in August was slower than that recorded in July.

The latest data also showed a significant moderation in food inflation, which stood at 19.57 per cent year-on-year in August.

The figure was substantially lower than the 25.30 per cent recorded in August 2025.

On a month-on-month basis, food inflation fell to 1.02 per cent in August from 5.56 per cent in July, representing a decline of 4.55 percentage points.

The NBS said the development showed that food prices were still rising, but at a slower rate during the month under review.

It attributed the decline largely to changes in the average prices of a number of food items, including palm oil, carrots, pepper, onions, cassava flour, beef, yam flour, water yam, melon (egusi), fresh ginger, fresh fish, Irish potatoes, wheat grain, frozen chicken and turkey meat.

At the state level, Adamawa recorded the highest year-on-year food inflation rate in August at 38.85 per cent.

It was followed by Zamfara with 37.96 per cent and Bayelsa with 36.20 per cent.

On the other hand, Borno recorded the lowest year-on-year food inflation rate at -4.04 per cent, followed by Jigawa at -0.23 per cent and Kebbi at 3.47 per cent.

The month-on-month figures presented a different picture, with Katsina recording the highest food inflation rate at 9.48 per cent.

Rivers and Osun followed with 8.86 per cent and 8.32 per cent respectively.

Taraba recorded the lowest month-on-month food inflation rate at -12.42 per cent, followed by Borno at -12.15 per cent and Bauchi at -8.88 per cent.

The latest figures indicate a moderation in the pace of price increases, particularly in the food sector, although the NBS data show that consumers continue to face varying price pressures across the states.

Continue Reading

Trending

All Rights Reserved. Copyright © 2026 MegaIcon Magazine