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Oyo targets N107bn IGR to finance 2017 budget

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The Oyo State Government said the 2017 budget proposal of more than N207bn which was presented to the state House of Assembly was designed not to rely on statutory allocation from the Federation Account.

 While giving the budget analysis, the state Commissioner for Finance, Abimbola Adekanmbi, said the government planned to raise its Internally Generated Revenue to N107.2bn in 2017, adding that such move would liberate the state from hinging its budget on fund from federal allocation.

According to the budget presented by Governor Abiola Ajimobi to the house, N59bn which represents 28.41 per cent of the budget is expected from the federal account. Presently, the state makes N1.5bn from IGR monthly, which amounts to N18bn annually. But Adekanmi said the amount would multiply in multiple folds after the state government realised areas where revenues were being lost over the years.

He said there was no plan to raise tax or impose arbitrary levy on the citizens of the state. He also explained that after holding meetings with the informal sector like traders and transporters in the state, players in the sector had agreed to contribute to the state revenue and ease it of financial difficulties it went through in the past two years.

He said because there were millions of players in this sector, huge revenue would be realised to finance the budget and rely less on statutory allocation.

Adekanmbi said, “The state government is determined to block financial leakages and review its revenue drive. Lots of revenue can be generated from IGR if properly designed and pursued but we also need the cooperation of the people, which we are sure of getting. The informal sector has suddenly realised that it can help finance the budget and drive the state economy with little contribution from the members. This will amount to huge fund because the sector has large population, more than the formal sector.

“The projection of government is to realise N40bn from the Ministry of Lands, Housing and Urban Development while the Health Insurance Scheme will generate more than N8bn. These are just two of the top 20 revenue generating ministries, departments and agencies of government.”

The commissioner said each market in the state was expected to pay agreed amount to the state coffers monthly, adding from the amount paid, necessary amenities would be provided in the markets.

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Politics

Insecurity: Makinde Lacks Capacity to Govern, Should Resign – APC

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The All Progressives Congress (APC) in Oyo State has called on Governor Seyi Makinde to resign immediately, alleging that his recent remarks on state security exposed incompetence and an inability to lead.

Governor Makinde, speaking during his acceptance speech as the Presidential candidate of the Allied Peoples Movement (APM) in Ibadan on Saturday, lamented that he could do little to rescue abducted school children and residents in Oriire Local Government Area due to all security structures being under federal control.

Reacting, APC State Publicity Secretary, Olawale Sadare, described the governor’s comments as “the height of cluelessness, insincerity, and criminal ineptitude,” warning that such disclosures reflect a dangerous trend among parochial leaders.

Sadare said, “Engr. Seyi Makinde could not find any fault in the nation’s Constitution, yet he swore twice to protect lives and properties of Oyo people. He has long enjoyed the powers of his office, controlling resources and people without challenge, but now faces a serious test, exposing incompetence, cluelessness, and ego.”

He added, “Instead of addressing security challenges, Makinde is exploiting the situation to push a mirage he calls a presidential ambition in 2027. His insensitive comments once again reveal hypocrisy. It is time he quit the office of the governor, having admitted he lacks the capacity to secure the state.”

The APC also recalled that previous governors, including Alhaji Lam Adesina, Senator Rashidi Ladoja, Chief Adebayo Alao-Akala, and the late Sen. Abiola Ajimobi, operated under the same constitutional provisions without similar security failures. Sadare particularly praised Ajimobi for establishing a Security Trust Fund to ensure funding and stakeholder involvement in security, in contrast to the current administration.

“Makinde’s presidential ambition is dead on arrival. Our concern is the continued loss, deprivation, and mismanagement the people of Oyo may suffer in the remaining year of his tenure. The state deserves a team player, a sincere and humble governor — qualities Makinde has failed to demonstrate in seven years. He should apologise and step down,” Sadare concluded.

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2027: Makinde emerges APM presidential candidate

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Oyo State Governor, Seyi Makinde, on Saturday emerged as the presidential candidate of the Allied Peoples Movement (APM) for the 2027 general election following the conclusion of the party’s presidential nomination process.

Makinde emerged through consensus and affirmation by party delegates during the exercise, in what party leaders described as a demonstration of unity and confidence in his leadership ahead of the next general elections.

The governor was presented with his Certificate of Return by the National Chairman of the APM, Alhaji Yusuf Dantali, during a ceremony held in Ibadan, the Oyo State capital, amid cheers from party faithful, delegates and supporters drawn from different parts of the country.

Speaking during the presentation, Dantali said Makinde possesses the leadership qualities, administrative experience and vision required to steer the country towards sustainable growth and national development.

He urged party members across the federation to close ranks and intensify grassroots mobilisation to ensure victory for the party in the 2027 presidential election.

The APM national chairman maintained that the party remained committed to presenting Nigerians with what he described as a credible alternative capable of addressing the country’s economic, security and governance challenges.

According to him, the emergence of Makinde as the party’s flag bearer marked the beginning of a new political movement aimed at restoring hope and strengthening democratic governance in the country.

In his acceptance speech, Governor Makinde expressed appreciation to the leadership of the party and delegates for the confidence reposed in him, pledging to work with stakeholders across political, ethnic and religious divides to advance the party’s vision for national transformation.

The governor assured party supporters of his commitment to inclusive leadership, promising to prioritise policies that would improve economic prosperity, strengthen institutions and enhance the welfare of Nigerians if elected.

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Alli, Folarin, Adedeji, Oseni, Dare Named to APC Ekiti Re-election Campaign Team

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Five key members of the All Progressives Congress (APC) in Oyo State have been appointed to the party’s campaign committee for the 2026 governorship re-election of Governor Abiodun Oyebanji in Ekiti State.

The Oyo APC leaders on the list include the party’s governorship candidate, Sharafadeen Abiodun Alli, former Senate leader Teslim Folarin, Minister of Youth and Sports Development, Sunday Dare, Zacch Adedeji, and Remi Oseni.

The list, signed by the party’s National Secretary, Sen. Ajibola Basiru, reflects the APC’s strategy of deploying experienced political figures with strong grassroots networks to ensure a successful re-election campaign in Ekiti.

“These appointments recognise their political experience and commitment to advancing the party’s agenda,” the source within the party said.

The APC committee is expected to coordinate campaign activities, voter engagement, and messaging, positioning the party for a strong showing in the 2026 governorship election.

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