Lukman A. Adebayo, HEALCamp PEA-Forum

Governor Seyi Makinde presented the Oyo State 2026 Appropriation Bill to the Oyo State House of Assembly earlier today. Capital expenditure makes up 56.37% of the total budget, while recurrent expenditure is 43.63%.

For Nigeria, 2026 promises to be a key year in our history with so many landmark initiatives, that will define our future for a very long time, set to kickoff under President Tinubu’s administration.

- The commencement of the transformational Tax Reform Acts which is expected to enhance Nigeria’s economic competitiveness and grow our revenue base.

- ⁠The full recapitalization of commercial banks so they can become more viable and provide the needed support for the economy in terms of capital provision; This is expected to also take the Consumer Credit Scheme to the next level as banks get more involved in provision of credits for every day consumption.

- ⁠The full recapitalization of the Bank of Agriculture in a bid to improve access to capital for farmers across the country and make agriculture a mainstay in our economy.

- ⁠National Census that will not only give us an accurate figure of the population but further enhance database for improved security and economic planning. Data collection will include usage of face recognition, thumbprints and voice recognition technologies.

- Complete transition of our civil service system from a paper-based system to an automated one thereby enhancing transparency and efficiency.

- Full commencement of business activities for the Regional Development Commissions recently established by President Tinubu.

All these and so many other reforms coming next year will not only change our direction as a country but they will influence our future and that of generations yet unborn and therefore, we must continue to believe in this leadership that is fixated on getting the basics right.

As patriots who want the best for our country, we must remain focused on this journey of transformation that matters without letting distractors win over our resilience.

Little challenges here and there like we had this past week will surface but we will overcome it all at the end and the Renewed Hope agenda will become a reality.

Have a great week ahead!

Dada Olusegun