The Oyo State Government has earmarked the sum of N4.278bn to conduct chairmanship and councillorship elections scheduled for December 29, 2026.
The Commissioner for Information, Dotun Oyelade, disclosed this in a statement on Tuesday following the state Executive Council meeting.
Oyelade said the council approved the payment of the state’s counterpart funding to the Oyo State Independent Electoral Commission to commence preparations for the elections.
According to him, the local governments will provide 60 per cent of the election funding, amounting to N2.5bn, while the state government will contribute 40 per cent, amounting to N1.7bn.
The commissioner said the elections would be held across the state’s 33 local government areas.
“The council also approved N437,446,393.58 for the accreditation requirements of the Nursing Programme of Abiola Ajimobi Technical University,” Oyelade added.
Oyelade said the funding would support the university’s diversification from a purely science and technology-oriented institution and its drive towards self-sustainability.
He said the university was at the final stage of the accreditation process, adding that failure to meet the professional accreditation deadline could put the investment in the programme at risk.
The commissioner said the Seyi Makinde administration had already spent more than N3bn on equipment for the take-off of the nursing programme.
He further disclosed that the council approved N6.744bn as the state government’s 50 per cent counterpart funding for the construction, renovation and equipping of the Oyo Annex of Ladoke Akintola University of Technology.
Oyelade said Oyo East Local Government Area would provide the other 50 per cent, bringing the total funding for the project to N13.489bn.
Explaining the rationale for the funding, Oyelade said, “About 70 per cent of patients accessing services at the LAUTECH Teaching Hospital, Ogbomoso, are from Oyo and its environs.”