N250bn NLNG row: Presidency faults Makinde, gov demands answers
The Presidency called false Governor Seyi Makinde's claim that the Federal Government is withholding N250 billion in NLNG dividends per state until after the 2027 elections, saying the amount would exceed NLNG's total lifetime payouts to the Federation. Makinde replied that a consultant's report identified a N9 trillion shortfall due to states and local governments which the Federal Government accepted, and he demanded details on how the reported $21.5 billion in dividends was disbursed.
Pidgin: Presidency talk say na lie the claim wey Oyo Governor Seyi Makinde make say Federal Government dey hold N250 billion NLNG dividend for each state until after 2027 election, because that money go pass all the payout wey NLNG don ever give Federation since e start. Makinde reply say consultant report wey NGF and Federal Government support don find N9 trillion shortfall wey dem suppose pay states and local governments, and say Federal Government accept the findings; e demand make dem explain how the $21.5 billion dividends wey dem talk about don dey share.
How this affects you: No direct impact stated in source.
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