Onigbope Commends Makinde’s Fiscal Vision as Governor Signs N892bn 2026 Budget

The Onigbope of Igbope Land, His Royal Highness Oba Dr. Moses Olawale Oyetola Fabiyi (IV), Ilufemiloye 1, has issued a formal commendation to the Executive Governor of Oyo State, Engr. Seyi Makinde, following the historic signing of the 2026 Appropriation Bill into law. In a statement released shortly after the ceremony at the Executive Council Chambers in Ibadan, the monarch described the Governor’s assent to the N892 billion fiscal document as a masterstroke of administrative efficiency and a clear demonstration of a genuine commitment to the accelerated development of the state. The royal father noted that the timely passage and signing of the budget, well ahead of the new fiscal year, reinforces the administration's dedication to maintaining a predictable January-to-December budget cycle, a standard that has significantly boosted investor confidence and streamlined project execution across the state since Governor Makinde assumed office.

Oba Fabiyi specifically extolled the Governor for tagging the 2026 fiscal plan as the "Budget of Economic Expansion," interpreting this theme as a signal of the administration's readiness to move beyond mere stabilization into a phase of aggressive growth and wealth creation. The monarch observed that the significant allocation of funds to capital expenditure—which accounts for over 56 percent of the total budget—is a testament to the government’s focus on infrastructural renewal and the completion of ongoing legacy projects. He emphasized that for a state like Oyo, which serves as the economic nerve center of the South West outside Lagos, such a heavy investment in capital projects is crucial for unlocking the economic potential of the hinterlands, particularly agrarian communities in the Oke-Ogun region where Igbope is situated.

The traditional ruler also took the opportunity to highlight the inclusive nature of Governor Makinde’s governance style, noting that the budget reflects the aspirations of the diverse geopolitical zones in the state. He pointed out that the consistent engagement with stakeholders, including traditional institutions, civil society, and trade unions, during the budget formulation process has ensured that the final document captures the real needs of the grassroots. Oba Fabiyi argued that this participatory approach to governance is rare in the Nigerian political landscape and urged other sub-national governments to emulate the Oyo State model. He stated that when the people are involved in the budgeting process, they are more likely to support the government in the implementation phase, thereby reducing friction and enhancing the sustainability of public policies.

Furthermore, the Onigbope drew attention to the anticipated impact of the budget on the agricultural sector, which remains the mainstay of the economy in Igbope and surrounding towns. He expressed optimism that the "Budget of Economic Expansion" would translate into tangible support for farmers, improved rural access roads, and better storage facilities to minimize post-harvest losses. The monarch reasoned that by prioritizing the real sector, the Makinde administration is effectively actively working to depopulate the poverty bracket and create meaningful employment for the teeming youth population. He called on his subjects and the entire citizenry of Oyo State to rally behind the government, noting that the successful implementation of such an ambitious budget requires a peaceful atmosphere and the prompt payment of taxes and levies by the residents.

In his remarks, the monarch also commended the Oyo State House of Assembly, led by the Speaker, Rt. Hon. Adebo Ogundoyin, for the speedy and diligent consideration of the appropriation bill. Oba Fabiyi described the harmonious relationship between the executive and the legislative arms of government in Oyo State as a beacon of democracy, fostering an environment where development takes precedence over political grandstanding. He noted that the thorough scrutiny of the budget by the lawmakers, followed by its prompt passage, indicates a shared vision for the state's progress. The Onigbope urged the legislators to continue their oversight functions with the same vigor to ensure that every naira appropriated is judiciously utilized for the benefit of the people, warning that the beauty of a budget lies not in its figures but in its faithful implementation.

The royal father further advised the state's cabinet members and heads of ministries, departments, and agencies (MDAs) to hit the ground running immediately as the new fiscal year commences. He cautioned against bureaucratic bottlenecks that could delay the rollout of critical projects, reminding the appointees that the Governor’s vision relies heavily on their administrative competence and responsiveness. Oba Fabiyi stressed that the "Budget of Economic Expansion" is a call to duty for every public servant in Oyo State, demanding a higher level of dedication and transparency. He assured the government of the continued support of the traditional institution in maintaining peace and security, which are the non-negotiable prerequisites for any economic activity to thrive.

Addressing the broader economic context, Oba Fabiyi acknowledged the challenges posed by the national economic downturn but expressed confidence in Governor Makinde’s prudent management of the state's resources. He cited the administration's track record of prompt salary payments, pension clearance, and infrastructure development despite dwindling federal allocations as evidence of financial engineering prowess. The monarch posited that the 2026 budget’s reliance on improved Internally Generated Revenue (IGR) rather than federal handouts is a step in the right direction towards true fiscal federalism. He encouraged the state government to continue widening the tax net without overburdening the poor, suggesting that a more efficient tax administration system would yield the necessary resources to fund the ambitious projects outlined in the budget.

In conclusion, the Onigbope of Igbope Land offered prayers for the success of the Makinde administration in the coming year, invoking divine guidance and protection over the Governor and his team. He reiterated that the people of Igbope are appreciative of the government's presence in their domain and look forward to witnessing the full manifestation of the "Economic Expansion" agenda. The monarch’s commendation adds a significant layer of royal endorsement to the 2026 budget, signaling to the grassroots populace that the state's financial plan has the blessing of the custodians of culture and tradition. As Oyo State prepares to enter the 2026 fiscal year, this vote of confidence from a respected monarch serves as a morale booster for the government as it tackles the complex task of governance.