The Oyo State House of Assembly has approved the 2025 capital budget proposals of 33 local government areas in the state.
This became imperative ahead of the proposed financial autonomy for Local Governments.
The approval was made Tuesday when the report of the House Committee on Local Government, Chieftaincy Matters and State Honours was presented by its Chairman, Hon. Akintunde Olatunde Emmanuel (Lagelu).
The budget approval is aimed at streamlining expenditures of all the 33 Local Government areas of Oyo State for probity and accountability to enable them deliver on their mandates.
The committee urged all the Local governments to adhere to the approved capital expenditures so as to ensure compliance with the Constitution and Local Governments Law.
Part of the recommendations of the Committee is for the Oyo State House of Assembly and the Association of Local Government in Nigeria (ALGON) to organize a workshop on budgeting and budgetary control for local government chairmen and management staff to enhance efficiency and service delivery.
The Speaker, Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin said the approval of the local governments’ budget is a significant step towards promoting transparency and accountability in governance.
” As the Chairman, Conference of Speakers of State Legislatures of Nigeria, this is the narrative we are pushing across the country in preparation for the proposed financial autonomy for Local Governments in Nigeria.”