APM Campaign Challenges Presidency Over NLNG Fund Allegations
The Allied Peoples Movement Presidential Campaign Organisation, represented by Director of Strategic Communications Richard Nnanna Ihediwa, has criticized the Presidency's denial regarding allegations that the Federal Government is withholding ₦250bn in Nigeria Liquefied Natural Gas dividends intended for states. This allegation was made by Oyo State Governor Seyi Makinde during the 2027 Budget Stakeholders’ Consultative Engagement at the University of Ibadan.
Makinde claimed that the funds would not be released until after the 2027 general elections. In response, Bayo Onanuga, Special Adviser to President Bola Tinubu, labeled Makinde's claims as false, arguing that distributing ₦250bn to each of the 36 states would require NLNG to declare dividends exceeding ₦33.68tn in a single payment.
The Makinde Campaign Organisation countered that the government's response did not address the specific allegations and insisted on the need for relevant financial records to clarify the situation.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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