Nigeria, Oct. 11 -- Ekiti State Governor Biodun Oyebanji on Friday presented a budget estimate of N415.57 billion for the 2026 fiscal year to the Ekiti State House of Assembly.

Christened "Budget of Impactful Governance" it comprises recurrent expenditure of N221.87 billion, representing 53 per cent of the total estimate, and capital expenditure of N193.70 billion, which translates to 46 per cent.

The budget proposal for the 2026 fiscal year is about 11 per cent higher than the approved 2025 budget, which stood at N375.79 billion and had N252.15 billion as its recurrent expenditure and N104.51 billion as capital expenditure.

Laying the budget before the members of the House of Assembly during a plenary held at the Old Assembly Complex,...