The Oyo State government said it was planning to purchase two aircraft for security surveillance.
The State’s governor, Seyi Makinde, while presenting a State of the State Address, held at the Oyo State House of Assembly Complex, on Friday, said this would be achieved before the 50th anniversary celebration of the State on 3 February 2026, during which the government will celebrate the state and those who have contributed to make it what it is today.
He reiterated his administration’s commitment to building a resilient economy, improving the quality of life for the people and securing the future for generations to come.
He noted that through several policies being implemented by the state government and its simple approach to solving complex governance issues, Oyo State has become an investment destination.
Governor Makinde stressed that the government’s efforts have yielded many positive results, including the designation of the Fasola Agribusiness Industrial Hub as Nigeria’s first agricultural transformation centre by the African Development Bank (AfDB), the ongoing construction of the Eruwa Agribusiness Industrial Hub and the admittance of Oyo State into the World Union of Wholesale Market, the first sub-national in Africa to achieve such feat.
Others, the governor noted, were the ongoing upgrade of the Samuel Ladoke Akintola Airport in Ibadan, which first phase will be commissioned in October 2025, the fixing of the state’s infrastructure deficit, with major arterial roads across the state and inner roads in Ibadan already done, and the ongoing construction of 87 kilometres of rural roads under the Rural Access and Agricultural Marketing Project (RAAMP), while efforts were also on to complete the 48-kilometre Ido-Eruwa Road.
Makinde also reiterated that the fixing of inner roads will continue in the coming months, with Ogbomoso and Oyo zones set to become the next ports of call.
He declared that his administration would not relent until the vision of making Oyo State a regional economic powerhouse, a cultural beacon, and a place where every citizen can thrive, was achieved.
In the education and healthcare sectors, Makinde assured residents of the state that his government would bridge the gap between rural and urban education and continue to upgrade education infrastructure so as to reduce deficit.
He also promised to continue to provide healthcare programmes that would bring benefits to the people of the state.
This was just as the governor addressed the controversy surrounding the planned reconstruction of the Oyo State Government House, explaining that the instability in foreign exchange, among other factors, was responsible for the perceived high cost of the project, which is expected to cover the reconstruction of buildings, roads and other ancillary facilities in the Government House and adjoining chalets.
He said: ‘Yesterday, I trended for the wrong reason, because people were saying we want to spend N63 billion to renovate the Government House. My answer to them is just to point our attention to one thing and I want you to listen to me attentively.
‘Before I came into office, the previous administration took a loan of $200 million from the World Bank for the Ibadan Urban Flood Management Project (IUFMP). As of the time I came in on 29 May 2019, that dollar-denominated loan was in the book of Oyo State as N70 billion, because a dollar to a Naira was around N350. We were paying about N700 million every month to service the loan. But we finished the IUFMP, though, before I came in, $100 million had been spent and $50 million committed.
‘This administration was supposed to spend $50 million to complete the projects, but we did not spend the amount. We honoured all the commitments made by the previous administration, and returned $18 million to the World Bank, which we didn’t spend’, he explained.
‘That was how we have managed the project prudently in Oyo State. But that is not even where I am going.
‘My point is, in 2019 in the Oyo State books, N70 billion was what Oyo State owed. Fast-forward to today, the IUFMP project is completed without adding one inch of drainage to the project, but simply by the exchange rate movement, Oyo State today owes N320 billion.
‘This is because the N70 billion calculated as N350 to one dollar in 2019 is now the same amount, but it is now calculated at about N1,540 to the dollar. That is our reality. We have now moved from paying N700 million on the IUFMP loan when I came in, to now paying N3 billion to service that loan monthly now.
‘Can we sleep when it is raining? Yes, because the IUFMP has basically tamed the issue of erosion. We have an Advanced Warning System installed in that place. But, my point is, to manage our exchange rate is not for me to determine in Oyo State. It is on the exclusive list. But whatever it is, we will do what is in the best interest of our state’.
Makinde, who also expressed his excitement that he is the governor of the state at the auspicious period of the state’s 50th anniversary, which comes up in February 2026, said the state wa embarking on key efforts to mark the epochal event.
Earlier, the Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin, appreciated the governor for prioritising the welfare of workers and for approving the recruitment of 181 new staff for the Oyo State House of Assembly, among other developments.
He assured the citizens that the 10th Assembly remained committed to delivering quality legislations, robust oversight and responsive representation with sincerity, diligence, and accountability.
