{
  "id": 15482691,
  "title": "Presidency dismisses Makinde’s claim of N250 billion NLNG dividends per state",
  "url": "https://urgent.news/2026/10/18/presidency-dismisses-makindes-claim-of-n250-billion-nlng-dividends",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T20:15:42.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/18/presidency-dismisses-makindes-claim-of-n250-billion-nlng-dividends-per-state/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Presidency has firmly rejected Oyo State Governor Seyi Makinde's claim that the Federal Government is withholding N250 billion in Nigeria Liquefied Natural Gas (NLNG) dividends meant for each of Nigeria's 36 states. The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, clarified in a statement that Makinde's allegation is false and contradicts NLNG's financial records. The Presidency explained that revenue from NLNG is distributed among the three tiers of government, making Makinde's claim of N250 billion per state financially implausible. The controversy stems from Makinde's allegations during the 2027 Budget Stakeholders’ Consultative Engagement, where he questioned the Federal Government's delay in distributing these funds until after the 2027 general election.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Ripples Nigeria",
        "title": "Presidency challenges Makinde’s ₦250bn-per-state NLNG dividend claim",
        "url": "https://urgent.news/2026/10/18/presidency-challenges-makindes-250bn-per-state-nlng-dividend-claim",
        "published": "2026-10-18T17:36:11.000Z"
      },
      {
        "outlet": "BusinessDay Nigeria",
        "title": "Presidency dismisses Makinde over N250bn NLNG dividend claims",
        "url": "https://urgent.news/2026/10/18/presidency-dismisses-makinde-over-n250bn-nlng-dividend-claims",
        "published": "2026-10-18T19:37:17.000Z"
      }
    ]
  },
  "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."
}