Oyo State Commissioner for Budget and Economic Planning, Hon. Ayobami Oluwaseun Ojo, has resigned his appointment, effective Monday, November 2, 2026, in a development that could trigger fresh questions about the administration’s economic planning team.
Ojo communicated his decision in a resignation letter dated November 2 and addressed to the Oyo State Governor. In the letter, referenced SP.S.662/2/VOL.IV/192, he formally notified the governor of his decision to step down from the position.
“With reference to your letter dated 22nd June, 2026 (SP.S.662/2/VOL.IV/192), I respectfully write to formally resign my appointment as Honourable Commissioner for Budget and Economic Planning, with effect from today, 2nd November, 2026,” Ojo stated.
The outgoing commissioner expressed appreciation for the opportunity to serve the state under the current administration, describing his appointment as an honour.
“I want to express my sincere appreciation for the opportunity to serve our dear State under the administration of Your Excellency. Serving the Government and the good people of Oyo State has been a great honour that I do not take lightly,” he wrote.
As of the time of filing this report, Ojo had not publicly disclosed the reason for his resignation, leaving questions about the circumstances surrounding his departure unanswered.
The Oyo State Government had also not issued an official statement confirming the development or explaining whether a successor would be appointed immediately.
The Budget and Economic Planning Ministry plays an important role in coordinating budget preparation, development priorities and economic planning across government institutions. A change in leadership therefore places attention on continuity in budget implementation and the administration’s broader development agenda.
Ojo’s resignation comes as the state government continues to manage its fiscal priorities and public spending commitments. However, without an official explanation, it would be premature to link his departure to any policy disagreement, political tension or internal government issue.
Attention will now turn to the governor’s response, any further clarification from Ojo and the arrangements for filling the vacant position.
IBN News will continue to follow the development as more verified information becomes available.




