Oyo Governor Makinde Accused of False Claims on NLNG Funds
On October 19, the Presidency criticized Oyo State Governor Seyi Makinde for alleging that the Federal Government was withholding ₦9 trillion in Nigeria LNG Limited (NLNG) dividends, which he claimed each state was supposed to receive. During a consultative engagement at the University of Ibadan, Makinde stated that Oyo State had planned projects based on an expected ₦250 billion payment but was informed that the funds would not be released until after the 2027 general election.
He argued that this delay was detrimental to state planning and infrastructure financing. Makinde highlighted the increase in Oyo's monthly wage bill from ₦4.5 billion in 2019 to ₦18 billion in 2026 and emphasized the need for timely funds to support economic growth.
In response, Bayo Onanuga, Special Adviser to the President on Information and Strategy, dismissed Makinde's claims as lacking logic and economic reality.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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