Presidency, Makinde at ‘war’ over N250bn NLNG dividend

By Johnbosco Agbakwuru & Adeola Badru
ABUJA — THE Presidency yesterday described as false Oyo State governor, Seyi Makinde’s latest claim that the federal government was withholding N250 billion in NLNG dividend windfall for each state of the federation, asking that it be disregarded.
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It also noted that, going by Governor Makinde’s claim, a one-off distribution of N250 billion to each of the 36 states would amount to N9 trillion, excluding the federal government, FCT and the 774 local councils, adding that NLNG had never paid $25 billion in dividends to the Federation Account in a single payout.
The governor, who ...