Presidency Denies Withholding NLNG Dividend
The presidency has denied claims that it is withholding ₦250 billion in Nigeria LNG Limited dividends for each state. Governor Seyi Makinde of Oyo State made the claim at a budget engagement.
The presidency says the claim is false and should be disregarded. The presidency explained how the Federation Account is managed and how money is shared among the three tiers of government.
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