{
  "id": 15154387,
  "title": "Tinubu govt cornered N250bn NLNG dividends meant for states – Makinde",
  "url": "https://urgent.news/2026/10/17/tinubu-govt-cornered-n250bn-nlng-dividends-meant-for-states-makinde",
  "topic": "world",
  "section": "World",
  "published": "2026-10-17T08:16:46.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/17/tinubu-govt-cornered-n250bn-nlng-dividends-meant-for-states-makinde/"
  },
  "original_language": "en",
  "account": "Governor Seyi Makinde of Oyo State has accused the Bola Tinubu administration of misappropriating Nigeria Liquefied Natural Gas (NLNG) dividends intended for state allocations. Speaking at a stakeholders' meeting on the 2027 budget in Ibadan, Makinde stated that each state was entitled to over N250 billion from the NLNG payments. However, he alleged that the Federal Government spent these funds without distributing them to the respective states. Makinde claimed that the money was transferred to the Federation Account following reconciliation, but was nonetheless used by the Federal Government. He emphasized that Oyo State had earmarked projects to invest its share of the N250 billion dividend for economic growth. Makinde also criticized the Federal Government's proposal to postpone payment until after the 2027 elections, stating that the welfare of Nigerians should supersede political considerations. \"They deceived us. The NLNG paid dividends to the Federal Government, which went directly into the Federation Account, but they spent it,\" said Makinde. \"So, what do we do? They did the consultancy, reconciled the figures, and each state of the federation was supposed to receive more than N250 billion, but Tinubu cornered it.\"",
  "summary": "Governor Seyi Makinde of Oyo State has accused the administration of President Bola Tinubu of spending Nigeria Liquefied Natural Gas, NLNG, dividends meant for states. Makinde said each state was supposed to get over N250 billion from the NLNG payments. He spoke on Friday at a stakeholders’ meeting on the 2027 budget held at the […] Tinubu govt cornered N250bn NLNG dividends meant for states –…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}