Ondo State Governor, Mr. Lucky Aiyedatiwa. Credit: Ondo State Government House
The Ondo State Government on Tuesday disclosed that it had increased the 2026 budget from N524.410bn to N769.384bn, to enable it to carry out many developmental projects across the state.
Governor Lucky Aiyedatiwa had earlier signed N524.410bn into law in December, a few days after it had been passed by the state House of Assembly.
A total of 42.11 per cent of the budget was meant for capital expenditure while 57.89 per cent was earmarked for recurrent expenditure.
Speaking with journalists after the State Executive Council meeting, the Commissioner for Economic Planning and Budget, Mr Olaolu Akindolire, said the addition to the budget was targeted at taking care of roads, water, healthcare and other critical infrastructure across the state.
