Oyo Targets 100bn Monthly IGR As Makinde Reforms Boost Economic Growth

Oyo State Commissioner for Information, Prince Dotun Oyelade, has said the economical reforms carried retired by Governor Seyi Makinde’s medication person paid off. The authorities presently targets implicit N100 cardinal from Internally Generated Revenue (IGR).

Oyelade confirmed the study that since past year, Oyo State has been the champion spot to unrecorded successful Nigeria based connected prime of life, functional infrastructure, work transportation and security.

Apparently reacting to a study by the State Performance Index (SPI), handled by a consultancy firm, helium said, “Obviously, the state’s Internally Generated Revenue (IGR), which has improved dramatically successful the past fewer years, is being enactment to bully and productive usage for the payment of the citizenry.

“While the past medication struggled to scope the N15 cardinal people annually, the Seyi Makinde medication has accrued IGR to N65 cardinal successful 2024, and arsenic astatine July this year, it has accrued to N58 billion, conscionable N7 cardinal abbreviated of the 2024 full gross gathered.”

The commissioner said these figures connote that Oyo State volition bushed its ain grounds by the extremity of this year, with a people adjacent to N100 billion, making it beryllium comfortably arsenic a starring fiscal hub successful the country.

He said that, dissimilar astir sub-nationals and past administrations successful Oyo State, IGR postulation had been seamless and had not accrued the load connected investors.

He said it has opened up the system done agribusiness, infrastructure, and tourism. This enlargement of the economy, coupled with the ripple effect of accordant outgo of N11.9 cardinal to implicit 130,000 workers monthly, has had a salutary effect connected the state’s expanding IGR.

The commissioner revealed that N15.4 cardinal was paid arsenic salaries successful September alternatively of N11.9 billion.

“Another country of attraction of this medication is healthcare. According to the Commissioner, 264 superior healthcare centres person been upgraded and implicit 3,900 professionals recruited, which has importantly restored the healthcare system”, helium said.

The commissioner recalled that during a courtesy telephone astatine the Governor’s Office 2 weeks ago, the UNICEF Country Representative, Celine Lafocriere, said that UNICEF has had much engagements with Oyo State than immoderate different authorities successful Nigeria successful the past 2 years.

On education, Prince Oyelade said that the unit spot successful the superior schools had accrued by 100 per cent from 13,730 successful 2019 to 26,436 successful 2025, and implicit 10,500 teaching and non-teaching unit person been employed to amended world show and surviving standards of youths.

The commissioner stated further that Makinde’s reforms successful acquisition person led to the operation of 60 exemplary schools, 289 caller schoolroom blocks, renovation of 229 others and reintegration of implicit 60,000 out-of-school children.

He added that 4 caller acquisition zones person been created, including administrative structures, portion 2,000 teachers person been absorbed into TESCOM to further fortify efficiency.