In a bold move to commemorate Oyo State's 50th anniversary, Governor Seyi Makinde’s administration has approved a whopping ₦63.4 billion for the comprehensive renovation of the Government House in Ibadan. The project is part of a broader push by the state government to reposition Oyo for economic growth, tourism, and infrastructural excellence ahead of the golden jubilee celebration in 2026.
The decision was reached during the State Executive Council meeting held at the Governor’s Office on Monday, where other major capital projects were also considered and approved.
The state government further approved:
Over ₦14 billion for the upgrade of Ibadan Airport, a strategic move aimed at enhancing the state’s connectivity and attracting both domestic and international investors.
A €2 million investment for the establishment of an international agro-food market, which will serve as a regional hub for agribusiness, food processing, and export.
An upward review of the 2025 supplementary budget by ₦270.8 billion, bringing the total budget size to a record-breaking figure. This move is targeted at fast-tracking critical infrastructure projects, urban renewal schemes, and strategic investments across the state.
Speaking on the approvals, the Oyo State Commissioner for Budget and Economic Planning, Professor Musibau Babatunde, explained that the revised financial decisions are aimed at accelerating Governor Makinde’s long-term development blueprint, the Oyo State Roadmap for Sustainable Development 2021–2025.
> “As we prepare to celebrate our 50th year as a state, the government is investing in legacy projects that will stand the test of time and boost the state’s socio-economic standing. The renovation of the Government House is symbolic — it reflects our renewed vision for governance, dignity, and service delivery,” Prof. Babatunde stated.
The commissioner also noted that the Ibadan Airport upgrade will include runway expansion, improved passenger terminals, and better aviation infrastructure to handle increased traffic.
Observers have described the N63.4 billion allocation for the Government House renovation as controversial, with critics questioning the timing and necessity of such a hefty expenditure. However, supporters of the administration argue that the gesture is part of long-overdue modernization efforts and necessary preparations for the state’s milestone celebration.
Meanwhile, Governor Seyi Makinde has reiterated his commitment to prudent resource management, assuring citizens that the state will maintain transparency and accountability in the execution of all projects.
As the 50th anniversary draws near, the government says it is positioning Oyo State as a leading destination for investment, agriculture, and innovation in Nigeria’s southwest region.
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