Oyo State Approves ₦900 Million for Road Construction and ₦5.77 Billion for Vehicle Procurement
INDUSTRIAL IOT
Oyo State has approved ₦900 million in counterpart funding for the construction of 68 km of roads, facilitating access to ₦16.27 billion from the International Development Association and L'Agence Française de Développement. Key road rehabilitation projects include the 8.43 km Fashola Farm Settlement and 37 km Alako/Idi-Iya/Batake/Olowa Farm Settlement roads.
The government also allocated ₦5.77 billion for the purchase of 100 vehicles and increased the budget for the Business Process Automation project to ₦578 million to enhance civil service operations. The Light-Up Oyo State initiative was also approved with a ₦2.6 billion operational expenditure for 2026.

Feb 26, 2026, 4:21 PM