Oyo Governor presents N267b 2018 budget to House

Oyo state’s N267 billion budget of “Stabilisation’’ has been presented to the House of Assembly for approval for the 2018 fiscal year. The budget was presented on Thursday by Governor Abiola Ajimobi. The budget is N60 billion higher than the N207 billion presented in 2017. According to the budget, the capital expenditure is N149.1 billion […]

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Oyo to generate 1,000 megawatts from wastes

The Oyo State Government is to generate  1,000 megawatts from wastes  following the signing of a  Memorandum of Understanding(MoU) with some power-generating firms. The state government on Wednesday in Ibadan signed an MoU with Siemens International, MRF1 and West African Energy on  conversion of waste to energy. Gov. Abiola Ajimobi said that the project  would […]

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Oyo to empower 717 rice, cassava farmers

The Government of Oyo State has said it would empower 450 cassava producers in the state through the state’s funded Anchor Borrower’s programme and another set of 267 farmers in the production of rice and cassava under the FADAMA III additional financing project. According to a statement signed by the state Information Commissioner, Toye Arulogun, […]

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Oyo government slashes appointees’ salaries by 50%

The Oyo State Government has slashed the salaries and arrears of its political appointees by 50% following the continued drop in federal allocation and slow increase in the state internally generated revenue. The government equally announced that the award of a N28b for dualization of four major roads within the state saying that the fund […]

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Oyo Establishes international Aso Ofi Market

Governor Abiola Ajimobi of Oyo State has called on government at all levels to use the diversification from oil and gas to develop our local produce to rescue the country from the current economic recession. Speaking at the World Tourism Day celebration in Iseyin tagged ‘Aso-Ofi Day’, the governor, who was represented by his wife, […]

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