Highlights of the budget include the adoption of zero based budgeting, restructuring of public service and restructuring of the ministries into 13 among others.
Ajimobi noted that the state has targeted N48billion from the federal allocation for the year 2016, while efforts are in top gear to increase the revenue base of the internally generated revenue to N76.7billion for the year.
He explained that substantial amount of money from the capital expenditure would be used to open more roads in Ibadan, the state capital, and complete some major roads in other geo-political zones of Oyo, Ogbomoso and Oke-Ogun.
He disclosed that a certain amount of money would also be used to build more classrooms and rehabilitate more in a bid to increase the performance of the students.
The speaker, Hon. Michael Adeyemo, urged the governor to include the judiciary, saying the House was ready to ensure quick passage of the bill.
He urged the ministries, MDAs to cooperate with the stakeholders in ensuring full implementation of the budget.
“We need prayers, support for our legislative business; we pledge our support toward full implementation of the budget”, he said.
In her remarks shortly after the presentation, chairman, House Committee on Finance, Appropriation and Budget, Hon. Bolanle Agbaje, commended the governor’s presentation which she said would help to solve the challenges facing the people of the state and the state in general.