Presidency dismisses Makinde over N250bn NLNG dividend claims
The Presidency on Sunday dismissed claims by Oyo State Governor Seyi Makinde that the federal government owes states ₦250 billion
The Presidency has rejected claims made by Oyo State Governor Seyi Makinde regarding the withholding of a ₦250 billion Nigeria LNG (NLNG) dividend allocation until after the 2027 general elections. The Federal Government described the allegation as false and inconsistent with financial records. Makinde reportedly made the claim during a stakeholder consultation, stating the funds would have supported Oyo State's economic projects.
The Presidency argued that the claimed amount would require an unprecedented NLNG dividend payment of ₦9 trillion, far exceeding the company's historical payouts.
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- Presidency challenges Makinde’s ₦250bn-per-state NLNG dividend claim ripplesnigeria.com
- Presidency dismisses Makinde’s claim of N250 billion NLNG dividends per state nairametrics.com
- Presidency dismisses Makinde over N250bn NLNG dividend claims businessday.ng
