Monday, 19 October 2026
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NLNG dividends: Presidency tackles Makinde over N250bn-per-state claim

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From Juliana Taiwo-Obalonye, Abuja
The Presidency has dismissed Oyo State Governor Seyi Makinde’s allegation that the Federal Government is withholding N250 billion in Nigerian Liquefied Natural Gas (NLNG) dividends due to each state until after the 2027 general elections, describing the claim as false and inconsistent with available financial records.
It challenged the governor to substantiate the allegation, arguing that the amount he claimed was being withheld far exceeded the scale of NLNG’s historical dividend payments to the Federation.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Sunday, said a payment of N250 billion to eac...

Source: Sun News Online

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