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2020 budget: We are developing a hybrid development agenda – Makinde
The government of Oyo State, on Thursday, launched the inclusive budget initiative where views are being collated from residents and indigenes of the three senatorial districts ahead of the 2020 budget.
The initiative, which Governor Seyi Makinde said would enhance the open governance agenda of his government, will encompass a hybrid of bottom-up and top-bottom approaches to development, the Governor stated.
A statement by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa, indicated that the initiative was launched through the Town Hall Meetings being put together by the Oyo State Ministry of Budget and Economic Planning, headed by Barrister Adeniyi Farinto.
Governor Makinde stated that the programme would help produce an all-inclusive budget following the extensive consultations.
According to him, the stakeholders’ meeting was organised by the Government “in its bid to prepare a budget that would be most suited to the people’s needs and the overall development of the State.”
He said: “Over the years, there has been a debate over which is the best approach to governance: A top-bottom approach, which relies on leadership setting the goals and then breaking it down for implementation or the bottom-top approach where the citizens play a role in determining what the goals should be. We have opted for a hybrid of both.
“Before we came into office on May 29, on our campaign trail, we listened to you and so were able to come up with what I have often referred to as a four-point agenda that will reposition Oyo State for greater stability in economic growth powered by Agriculture, Security, Education and Healthcare.
“We remain focused on those areas as we are convinced that these will serve as a fulcrum of prosperity for the people of Oyo State. However, we still need your inputs.”
The Governor further disclosed that his government was also preparing a 20-year State Strategic Development Plan in addition to hearing the ideas of how the 2020 budget should be handled, saying the contributions of the stakeholders at the event would go a long way in making the plans more people-centered.
“When we reviewed the 2019 budget downwards, it was not out of the need to spite to anyone. It was because we discovered that we have not been living within our means.
“Borrowing money is not necessarily a bad thing. If it is for capital projects that will yield returns, it is acceptable. Borrowing money to pay salaries is not advisable.
“So, as we discuss ways to spend what we have, we should also remember that we have to use what we have to generate more funds and increase our Internally-Generated Revenue (IGR).
“It is my hope that this engagement will improve the performance of the budget and sustain the developmental objectives of this administration.
“I want to further assure you that your feedback and views will be given due consideration,” the Governor stated.
Earlier, the Commissioner for Budget and Economic Planning, Mr. Adeniyi Farinto, said the programme was a further attestation to the all-inclusive nature of governance under the present administration in Oyo State and its resolve to move the people from poverty to prosperity.
Farinto posited that a stakeholders’ meeting of such nature was a genuine platform where all opinions would not only be explored but would be critically examined for the growth and development of any State.
He stressed that having a people-oriented budget had always been the priority of the Makinde administration, noting that government that was run with the understanding and inputs of the people was a practical expression of transparency and good governance.
The commissioner charged community leaders and other representatives present at the event to come up with strategic programmes and articulate initiatives as well as suggestions that would take the State to her pacesetting mode.
He asserted that the stakeholders’ contributions were critical in the initiation, formulation, and execution of people-oriented budgets, assuring that the people’s inputs would count in the development of programmes and projects in the State.
Economic Adviser to Governor Makinde, Dr. Adetunji Babatunde, who also delivered an address, justified the decision to opt for open governance, adding the government would easily get the priorities right.
According to him, a government that adopts the inclusive budgeting the approach would not be building roads where the people’s priority was a hospital or a police station.
The lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni, has mourned the death of a chieftain of the All Progressives Congress (APC) in Oyo State and former member of the Oyo State House of Assembly, Hon. Akeem Abimbola Oladipupo, popularly known as Able, describing his demise as a painful loss to the progressive family.
Oladipupo, who represented Ibadan North-West Constituency in the Oyo State House of Assembly, was widely regarded as a grassroots politician and committed party loyalist until his passing.
Oseni, who is also the Chairman, House Committee on Federal Roads Maintenance Agency and the APC candidate for Oyo South Senatorial District, said the late politician’s death had created a vacuum within the party and among those who benefitted from his unwavering commitment to public service.
In a condolence statement issued on Monday by his Media Aide, Idowu Ayodele, and made available to journalists in Ibadan, the Oyo State capital, the federal lawmaker described the late Oladipupo as a dependable progressive, humble political actor and loyal party stalwart whose impact would remain indelible.
He said the deceased dedicated his life to serving humanity, strengthening the progressive movement and supporting the aspirations of many at the grassroots.
Oseni said, “The death of Hon. Akeem Abimbola Oladipupo (Able) came to me as a rude shock. Oyo State and the progressive family have indeed lost a committed, loyal and selfless leader whose passion for service, humility and dedication to the people stood him out.
“He was not just a politician but a bridge-builder, a dependable ally and a grassroots mobiliser who believed strongly in the ideals of our great party. His contributions to the growth of the APC in Oyo State and his service to humanity will remain unforgettable.”
The APC senatorial candidate noted that the late former lawmaker remained steadfast in promoting peace, unity and political development, adding that his simplicity and accessibility endeared him to many across political divides.
According to Oseni, the late politician’s legacy of service and sacrifice would continue to inspire younger politicians and party faithful.
He, however, urged members of the APC, associates and family members of the deceased to take solace in the remarkable life he lived and the positive impact he made during his lifetime.
Oseni also prayed for the repose of the deceased’s soul and for God to grant his family the fortitude to bear the painful loss.
State governors have proposed a new national minimum wage of N100,000 for Nigerian workers as part of efforts to cushion them from the biting effects of inflation and the rising cost of living.
Governor AbdulRahman AbdulRazaq of Kwara State, who is also the Chairman of the Nigeria Governors’ Forum (NGF), disclosed the proposal on Saturday in a post by the state government’s official Facebook page. He said the move aims to improve workers’ welfare while ensuring that government finances remain sustainable.
“State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians,” AbdulRazaq said.
“We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances.”
The NGF chairman explained that ongoing discussions are focused on balancing the need to boost workers’ purchasing power with the capacity of governments to deliver essential public services and development projects.
“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain projects that directly impact citizens,” he added.
The proposed N100,000 minimum wage is expected to intensify national debates on salaries, inflation, and broader economic reforms as Nigerians continue to contend with rising food prices, transportation costs, and other living expenses.
Currently, Nigeria’s statutory minimum wage stands at N70,000 per month. Some states, including Lagos, Rivers, and Imo, are already paying above the national benchmark to support workers amid the country’s economic challenges.
Meanwhile, the Nigeria Labour Congress (NLC) has continued to call for a comprehensive review of salaries, insisting that workers deserve a living wage that reflects present-day economic realities rather than merely guaranteeing survival.
The average retail price paid by consumers for Premium Motor Spirit, popularly known as petrol, rose to N1,532.93 per litre in April 2026, representing a 23.69 per cent increase compared to the N1,239.33 recorded in the corresponding period of 2025, findings by the National Bureau of Statistics (NBS) have shown.
The sharp rise in petrol prices came amid mounting inflationary pressure and worsening living costs, with Nigerians grappling with soaring transportation and food expenses that have continued to shrink household purchasing power.
The NBS disclosed this in its Premium Motor Spirit (Petrol) Price Watch for April 2026, released on Friday.
The report further showed that on a month-on-month basis, petrol prices rose by 18.97 per cent from N1,288.54 recorded in March 2026, underscoring persistent volatility in the downstream petroleum market.
A breakdown of prices across states revealed that Yobe recorded the highest average retail price for petrol at N1,599.05 per litre during the review period.
Edo and Bauchi followed closely with average prices of N1,595.74 and N1,589.07, respectively.
However, Niger residents paid the least for petrol at an average of N1,403.89 per litre, while Sokoto and Katsina recorded N1,404.16 and N1,406.28 respectively.
At the zonal level, the South-South recorded the highest average retail price at N1,566.76 per litre, while the North-West posted the lowest at N1,508.81.
The latest petrol price increase comes as millions of Nigerians continue to battle the ripple effects of rising inflation, with higher energy costs worsening transportation fares and the prices of essential commodities.
Similarly, the NBS said the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, rose by 13.73 per cent month-on-month to N8,706.93 in April 2026 from N7,655.73 recorded in March.
On a year-on-year basis, the price increased by 10.42 per cent from N7,885.60 recorded in April 2025.
Lagos recorded the highest average price for refilling a 5kg cylinder at N9,745.10, followed by Nasarawa at N9,451.70 and Bayelsa at N9,422.74.
In contrast, Anambra recorded the lowest average price at N7,204.76, while Ondo and Ogun followed with N7,239.49 and N7,825.75, respectively.
At the regional level, the North-West recorded the highest average retail price for refilling a 5kg cylinder at N9,025.07, followed by the North-East at N8,847.16, while the South-East posted the lowest average price at N8,224.37.
Also, the average retail price for refilling a 12.5kg cylinder of cooking gas increased by 13.89 per cent month-on-month to N22,382.20 in April 2026 from N19,652.83 in March.
Compared to April 2025, the price rose by 10.43 per cent from N20,268.06.
According to the NBS LPG Price Watch for April, Katsina recorded the highest average retail price for refilling a 12.5kg cylinder at N25,596.71, followed by Kogi at N24,558.25 and Gombe at N24,438.97.
Ogun recorded the lowest average price at N19,564.36, while Bauchi and Anambra followed at N20,178.87 and N20,511.90 respectively.
The North-West recorded the highest zonal average retail price for refilling a 12.5kg cylinder at N23,276.95, followed by the North-Central at N22,865.29, while the South-East posted the lowest average at N21,060.92.
The latest figures signal growing pressure on household energy costs, raising concerns over the implications for inflation and the cost of living in the coming months.
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