Economy & Public Finance

Newsletter No 93: Reflecting on Oyo State’s Future Growth Graphic

Newsletter 93: Reflecting on Oyo State’s Future Growth

HE Seyi Makinde reports 335.77 km of state road projects completed since 2019 and monthly IGR growth from about ₦2 billion to ₦5 billion without raising taxes, arguing for wider tax-net expansion, stronger institutions and agricultural innovation rather than quick fixes.

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Newsletter No 92: An International Airport is Coming to Ibadan graphic

Newsletter 92: An International Airport is Coming to Ibadan

Following federal approval to upgrade Ibadan Airport to international status, HE Seyi Makinde sets out the business case: improving global connectivity, attracting investment in agriculture, tourism and solid minerals, serving neighbouring states and positioning Ibadan as a regional economic hub.

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Newsletter No 91: Analysing the State of the State Graphic

Newsletter 91: Subject: Analysing the State of the State

Following his State of the State address to the Oyo State House of Assembly, HE Seyi Makinde reviews first-year Omituntun 2.0 commitments, says strategies will be adjusted where necessary and points to rising internally generated revenue without higher taxes as evidence of progress.

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Newsletter No 89: Our Promise Renewed Graphic

Newsletter 89: Our Promise Renewed

Marking 25 years of uninterrupted democracy in Nigeria, HE Seyi Makinde begins reading How Democracies Die and links political stability to economic prosperity, while presenting the new 76.67-km Iseyin–Fapote–Ogbomoso Road as infrastructure intended to spread investment beyond Ibadan.

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Newsletter No 88: One Year on a New Mandate Graphic

Newsletter 88: One Year on a New Mandate

Following Oyo State’s final investment agreement with Shell Nigeria Gas for gas distribution infrastructure, HE Seyi Makinde argues for interventions with short-, medium- and long-term effects and announces a review of first-year delivery against the Roadmap for Sustainable Development 2023–2027.

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Newsletter No 85: The Real Cost of Development Graphic

Newsletter 85: The Real Cost of Development

Drawing from Mark Leonard’s The Age of Unpeace, HE Seyi Makinde reflects on economic interdependence and argues that development carries costs beyond money, including disruption and sacrifice, as Oyo State prepares to begin the East Wing of the Rashidi Ladoja Circular Road.

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Newsletter No 84: Buy the Dip and Hold Graphic

Newsletter 84: Buy the Dip and Hold

Explaining why Oyo State is not relying primarily on cash transfers, HE Seyi Makinde argues that short-term relief should feed into sustainable, data-driven interventions, citing a 50% tractorisation subsidy and enterprise support for 1,500 agrifood entrepreneurs while encouraging investment during the economic downturn.

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Newsletter No 83: Getting Back to the Economic Brass Tacks Graphic

Newsletter 83: Getting Back to the Economic Brass Tacks

Responding to claims that states received an additional ₦30 billion from the Federal Government, HE Seyi Makinde says Oyo received no such payment and only ₦2 billion of an earlier ₦5 billion intervention, while calling for solutions rather than political blame and extending SAfER and wage support.

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Newsletter No 78 Tough Times, Tough Decisions Graphic

Newsletter 78: Tough Times, Tough Decisions

With investors showing interest in completing the Ikere Gorge Dam power plant, HE Seyi Makinde reflects on difficult choices over scarce public resources, defending development borrowing and arguing that infrastructure must ultimately create an environment capable of attracting private investment.

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Newsletter No 77 Follow the Money Graphic

Newsletter 77: Follow the Money

Ahead of the 2024 Budget for Economic Recovery, HE Seyi Makinde urges citizens to follow actual budget implementation rather than approved line items alone, while reflecting on industrialisation, poverty reduction and government’s role in creating an enabling environment for private investment.

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