So This Happened (EP 436) reviews: Presidency disputes Makinde’s ₦9tn NLNG dividend claim
The Presidency has disputed Oyo State Governor Seyi Makinde’s claim that the Federal Government is withholding ₦9 trillion in NLNG dividends due to states. Read More: https://punchng.com/so-this-happened-ep-436-reviews-presidency-disputes-makindes-%e2%82%a69tn-nlng-dividend-claim/
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.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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