The presidential candidate of the Allied Peoples Movement, APM, and Oyo State Governor, Seyi Makinde, has mentioned the failure of states to obtain their share of Nigeria LNG, NLNG, dividends is hindering improvement planning and infrastructure funding throughout the federation.
Makinde mentioned the delay had dealt a significant setback to subnational improvement, forcing states to place some deliberate infrastructure tasks on maintain.
He made the remarks on Friday on the 2027 finances stakeholders’ consultative engagement held in Ibadan, the Oyo State capital.
Speaking on the occasion, Makinde mentioned every state was entitled to ₦250 billion from the NLNG dividends however regretted that the funds had been withheld till after the 2027 common elections.
He mentioned the delay had affected the implementation of tasks recognized to develop Oyo State’s economic system and enhance infrastructure.
Makinde mentioned, “Each state was speculated to get ₦250 billion. We had already recognized tasks that may develop Oyo State’s economic system.
“But they have now said the money will not be paid until after the election. Is the election more important than the people of Nigeria?”
The governor argued that withholding the funds till after the elections undermined financial and social improvement throughout the states.
