News
Oyo lawmakers accept monthly allocations cut by 30 percent
Seyi Makinde
Lawmakers in Oyo State have agreed to a 30 per cent reduction in their monthly allocations effective April over coronavirus-induced economic challenges, ROYAL NEWS reports.
It was gathered that the agreement was reached during Governor Seyi Makinde’s meeting with the state’s lawmakers at the government house recently.
Checks revealed that the Chairman, Oyo House Committee on Information and Media, Kazeem Olayanju, on Saturday said, “Our income has been slashed by 30 per cent as our support towards COVID-19. The governor brought the idea and we agreed to the 30 per cent deduction.”
However, Governor Makinde’s spokesman, Taiwo Adisa, on Sunday said: “The state is not looking at cutting its budget in the immediate, but to harness its Internally Generated Revenue to shore up its revenue base. We expect a rise in IGR activities that will bring in more money.
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