Oyo State Governor Seyi Makinde has approved a total funding plan of ₦4.278 billion for the December 29, 2026, local government elections, with the 33 local government councils expected to bear 60 per cent of the cost.
The state’s Commissioner for Information, Dotun Oyelade, disclosed this following a State Executive Council meeting, where approval was given for the state government’s counterpart funding to enable the Oyo State Independent Electoral Commission (OYSIEC) to commence preparations for the polls.
Under the funding arrangement, the local government councils will contribute approximately ₦2.57 billion, representing 60 per cent of the total cost, while the state government will provide about ₦1.71 billion, covering the remaining 40 per cent.
The elections will cover chairmanship and councillorship positions across all 33 local government areas in Oyo State.
The funding approval is expected to support OYSIEC’s preparations ahead of the December polls.