Seyi Makinde proposes oil revenue reform for Nigerians

Seyi Makinde, the Oyo State Governor and presidential candidate of the Allied Peoples Movement (APM), proposed a system to channel crude oil earnings exceeding the federal budget benchmark directly into the welfare of ordinary Nigerians. He made this proposal on Wednesday at the Congress Hall of Transcorp Hilton while launching his Reset Agenda manifesto for the January 16, 2027 presidential election.

Makinde, accompanied by his running mate Alhaji Lawal Musa Daura and APM National Chairman Yusuf Mamman Dantalle, emphasized that Nigerians should not be poor given the country's resources. He criticized the gap between macroeconomic stability and citizens' well-being, pledging to announce performance targets within his first 100 days if elected.

On electricity, he stated that the Federal Government must address generation and distribution challenges despite state authority over power. Makinde also suggested that presidential candidates should win more than half of the votes to ensure broader political cooperation and called for a transitional government of national unity.