Tinubu government cornered N250bn in NLNG dividends meant for states, Makinde alleges

Author: dailypost.ngPublished on: October 17, 2026Country: Nigeria
Politics
Tinubu government cornered N250bn in NLNG dividends meant for states, Makinde alleges

Oyo State Governor Seyi Makinde accused President Bola Tinubu’s administration of spending Nigeria LNG dividends paid into the Federation Account instead of distributing them to the states. Speaking at a 2027 budget stakeholders’ meeting in Ibadan on Friday, he said each state was due to receive more than N250 billion and that the figures had been reconciled. Makinde said Oyo had identified projects for investing its share to grow the state’s economy. He also criticized plans to delay payment until after the 2027 elections, saying Nigerians’ welfare should come before politics.

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