Governor Seyi Makinde of Oyo State has accused the administration of President Bola Tinubu of spending Nigeria Liquefied Natural Gas, NLNG, dividends meant for states.
Makinde said each state was supposed to get over N250
billion from the NLNG payments.
He spoke on Friday at a stakeholders’ meeting on the 2027
budget held at the International Conference Centre in Ibadan.
The governor said the money was paid into the Federation
Account and the figures had been reconciled, but that the Federal Government
spent it without sharing it to states.
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According to him, Oyo had already lined up projects to
invest its share to grow the state’s economy.
Makinde also faulted plans to delay payment until after the
2027 elections, saying the welfare of Nigerians should come before politics.
“They fooled us. The Nigeria LNG paid dividends to the
Federal Government, which went straight into the Federation Account, but they
spent it.
“So, what do we do? They did the consultancy, reconciled the
figures, and each state of the federation was supposed to be paid, but they
spent the money alone. The Federal Government spent it alone.
“Each state should receive more than N250 billion but Tinubu
cornered it. We were planning towards this, identified projects that we can
invest the money in to further expand the economy of Oyo State,” Makinde said.
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