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Makinde’s ₦250bn NLNG claim false — Presidency

The Presidency has refuted a claim by Oyo State Governor Seyi Makinde that the FG is withholding ₦250bn per state in NLNG dividends, calling it false. Read More: https://punchng.com/makindes-%e2%82%a6250bn-nlng-claim-false-presidency/

Makinde’s ₦250bn NLNG claim false — Presidency

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The Presidency has rejected Oyo State Governor Seyi Makinde's claim that the Federal Government is withholding N250 billion in Nigeria Liquefied Natural Gas (NLNG) dividends for each state of the federation. In a statement released by the President's Special Adviser on Information and Strategy, Bayo Onanuga, the claim was described as false and urged to be disregarded by Nigerians.

The Presidency emphasized that NLNG has only paid approximately $21.5 billion in dividends to the Federation Account over the last 25 years, and that any claim of a single payout exceeding $25 billion is defying basic logic and economic reality. The Presidency called on Governor Makinde to present verifiable facts and desist from making misleading statements, urging the public to disregard such claims.

Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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