The Oyo State House of Assembly has increased the state’s financial provision for the 2026 fiscal year to over N1.1 trillion following the passage of a N210 billion supplementary budget.
The supplementary appropriation was approved after the House adopted the report of its Committee on Finance, Appropriation and State Economic Planning during plenary in Ibadan.
The committee said the additional funding raised the total amount approved under the state’s 2026 Finance Law from about N892.1 billion to N1.102 trillion.
According to the lawmakers, the N210 billion will be drawn from the Consolidated Revenue Fund of Oyo State for the year ending December 31, 2026.
