NLNG dividend delay hurting states – Makinde
Governor Seyi Makinde of Oyo State has raised fresh concerns over the withholding of Nigeria LNG (NLNG) dividend funds meant
Oyo State Governor Seyi Makinde has criticized the withholding of Nigeria LNG (NLNG) dividends, arguing that it is impeding development planning and infrastructure investment across Nigeria. At a budget stakeholders' consultative engagement in Ibadan on Friday, Makinde stated that each state is entitled to ₦250 billion in NLNG dividends, but the funds have been delayed until after the 2027 general elections.
This has forced states to postpone planned infrastructure projects, according to Makinde. He questioned the prioritization of the election over the people of Nigeria, asserting that withholding the funds until post-election undermines economic and social development.
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