NLNG Dividend Delay Hurting States, Says Makinde

NLNG Dividend Delay Hurting States, Says Makinde

He said each state was expected to receive ₦250 billion from the NLNG dividends but claimed the funds would not be released until after the 2027 elections.

Makinde Faults Federal Govt On Withholding Of NLNG Dividend Funds For States

Oyo State Governor Seyi Makinde has condemned the withholding of Nigeria LNG (NLNG) dividend funds meant for states, describing the delay as a major setback for subnational development planning and long-term infrastructure investment. Speaking at the Year 2027 Budget Stakeholders’ Consultative Engagement held in Ibadan yesterday, the governor said each state was entitled to a […]

Oyo Governor Hosts Final 2027 Budget Stakeholders’ Consultation

The Oyo State Governor, Seyi Makinde, has held the 8th and final town-hall style budget consultation of his administration, while raising concerns over the withholding of Nigeria Liquified Natural Gas (NLNG) dividend funds meant for states. At the Year 2027 Budget Stakeholders’ Consultative Engagement, held in Ibadan, Makinde disclosed that his administration understood early that […]

Tinubu govt cornered N250bn NLNG dividends meant for states – Makinde

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 International Conference Centre in Ibadan.   The governor said the money was paid into the Federation Account and …