KOKO Business · 25 Oct 2026
Makinde Demands Clarification on NLNG Dividends

Governor Seyi Makinde of Oyo state has called on the Presidency to provide clarity on the distribution of dividends from Nigeria Liquefied Natural Gas (NLNG) into the Federation Account. He emphasized that states and local governments have not yet received confirmation of their shares.
Through his Special Adviser on Media, Dr Sulaimon Olanrewaju, Makinde stated that the Federal Government had not adequately addressed the issue of approximately N9 trillion in NLNG dividends owed to states and local governments.
Olanrewaju mentioned that the Nigeria Governors’ Forum (NGF), in collaboration with the Federal Government, has engaged a consultant to resolve discrepancies in NLNG dividend payments.