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Public Finance Database

OriginalActual

Oyo State Total Expenditure – Original Budget

0225B450B675B900B(NGN Billion)201820192020202120222023202420252026Original BudgetYearsSource: NGF Public Finance Database

About

Oyo State is in the South-West geopolitical zone of Nigeria, with Ibadan — one of the country's largest cities — as its capital. Created in 1976, it is bordered by Kwara State to the north, Osun to the east, Ogun to the south-west and the Benin Republic to the west. The state sits on the territory of the historic Oyo Empire and is nicknamed the “Pace Setter State”. Oyo's economy remains largely agrarian while hosting a substantial education, health and services sector centred on Ibadan, home to Nigeria's first university (1948). Opportunities span cassava, cocoa, tobacco, poultry, agro-processing, manufacturing and ICT. Public finance and development priorities focus on agriculture, industry, infrastructure and expanding internally generated revenue.

Date Created -3 February 1976
Population (2025) -8,512,752 (6 out of 36)
Area -28,454 km2 (10,986 sq mi)
GDP (2023) -₦11,792,946 million (5 out of 36)
HDI (2019) -0.637 (10 out of 36)
OriginalActual

Oyo State Total Revenue & ExpenditureOriginal Budget

0225B450B675B900B(NGN Billion)201820192020202120222023202420252026YearsTotal RevenueTotal ExpenditureSource: NGF Public Finance Database
OriginalActual

Oyo State Total Capital & Recurrent ExpenditureOriginal Budget

0150B300B450B600B(NGN Billion)201820192020202120222023202420252026YearsRecurrentCapitalSource: NGF Public Finance Database
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Public Finance Database

Open-access fiscal data for Nigeria's 36 state governments to promote fiscal transparency, accountability and sustainability.

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