Makinde seeks approval of N50b supplementary budget from Oyo lawmakers

Governor Seyi Makinde of Oyo State has asked the State House of Assembly to approve a supplementary budget worth N50b.

DAILY POST reports that Makinde sought the consideration and approval of the budget on Tuesday.

The request was contained in a letter sent to the state lawmakers.

Makinde said that the supplementary budget would cater for three projects.

He explained that the projects were not captured in the approved 2021 budget.

The three projects according to him are: Ibadan Circular Road, Iseyin-Ogbomoso Road and Ibadan Airport Improvement.

Makinde said that Ibadan Circular Road would cost Twenty-Five billion naira (N25,000,000,000,00), Iseyin -Ogbomoso Road would be constructed with Fifteen billion naira (N15,000,000,000,00) while Ibadan Airport Improvement will cost the sum of Ten billion naira (N10,000,000,000,00).

The N50 billion will be provided by the Central Bank of Nigeria under the Differentiated Cash Reserves Requirements, DCRR, of which N100billion was approved by the House of Assembly.

The 2021 budget will be increased from Two Hundred and Sixty-Eight billion, Seven Hundred and Seventy-Seven million, Nine Hundred and Sixty-Four thousand, Eight Hundred and Sixty naira only (#268,770,964,860,00) to the sum of Three Hundred and Eighteen Billion, Seven Hundred and Seventy million, Nine Hundred and Sixty-four thousand, Eight Hundred and Sixty naira only (318,770,964,860).

DAILY POST earlier reported that the lawmakers had on Tuesday approved an additional sum of six billion naira credit facility for Governor Seyi Makinde.

This latest loan request is in addition to the loans that had been borrowed since Makinde became the governor of the state.

The lawmakers had in July, 2019, approved a sum of ten billion naira loan for the governor.

https://dailypost.ng/2021/08/18/makinde-seeks-approval-of-n50b-supplementary-budget-from-oyo-lawmakers/

Even if it's approved, it'll be audio

Very good for oyo


Guys pls check my signature.... Any available opportunity will be appreciated...

Interesting

See money o

The way money is called in this country eh... it's well

Man of the people...Abeg no fumble sha

Even though Seyi dey Bleep up sometimes but I still vibe with this man all day everyday
Twice on Wednesdays!!

Okay o

Lol. No state human development. No agricultural investment. No women program. No schools revamp. No inner roads project. Circular road and airport that 99% of oyo people will never use.

Alright
Next news

Okay

This figure are meet to share among themselves in the government of the state

Chei Makinde wan kill Oyo people
Engineer Makinde onigbese

Oyo Ile .. God bless Oyo
We provide services on Aluminium windows , reach out to us

Audio gomina.
Eyan Mukaila Auxillary

Makinde!!! Ah! 50 billon. There is God o

Chai! Million no get value again, dem don enter Billion. In the next 5 years, the Billion would become worthless. They’ll start talking in the Trillions.

We need a visionary leader in Oyo state

I'm not happy with the kind of project this governor is spending on

Inner roads are in bad shape also road across the city are very bad presently

Education & health needs urgent attention

It's quite unfortunate

50bill

Cashapp cashout !!! Maga fall guy man chop!!

100 billion budget no reach, suplimentary budget of 50 billion suppose join

No wonder Governor Auxiliary the thug's girlfriend that has shop in New Gbagi , Bola Ige international market has been oppressing everyone for area

Taiye currency the Fuji musician is about to cop a new Benz Maybach S500 2021, with 2021 Toyota Landcruiser and Hillux trucks as escorts



.

Funny thing is that, the lawmakers go approve am when Dem hear say Dem go gv them cars

GardenOfGod:
Hopefully, the funds will be judiciously utilised and not looted.

Seyi Makinde is not your regular fund embezzlement machine oof a politician.

I have spoken!

Lol he is definitely cashing out on the people and the state.

Seriously those funds are badly managed. Read between the lines, his project are too huge or money intensive.

Imagine 15 billion, just for one project, 10 billion for re-innovation of airport etc. So 25 billion gone just like that. Is the airport new ? Is the road new? Even if you had to build a new airport, that amount is way too much.

Considering the state needs other visible infrastructure that he could build. He devoted 25 Percent of the total budget on two project . Aaaah this life people no get heart and joy.

Now someone will come here and say he is rich and doesn't need the state money. Lol audio story.