Politics

We Have Reduced Cost Of Governance In Oyo By 50% – Makinde

Oyo State Governor, Seyi Makinde has stated that his administration has reduced governance cost by 50 per cent in the last two years while celebrating his second year anniversary in office.

Disclosing this in a special broadcast, he disclosed that

“We have reduced the running cost of government by 50% and also reduced government overhead cost by 12.3%. This saving in overhead cost has been ploughed back into capital projects which will yield significant economic benefits in the future.”

Alluding to one of his electoral promises not to increase taxes, he added that, “Instead, we simplified the tax payment system, and broadened the tax base to capture the informal sector.”

He made it known that,“We have been deliberate about borrowing and ensuring we do not accumulate any debt without concrete repayment plans.”

According to further reports, he stated that the education sector was improving, as the number of out of school children was reduced by 10% within two years. Access to education was made free, 5000 teachers were employed and school structures were rehabilitated to ensure continued improvement of the sector.

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Esther Ifeoluwa

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