Withholding of NLNG dividend hindering states’ progress – Makinde

The statesmanlike campaigner of the Allied Peoples Movement, APM, and Oyo State Governor, Seyi Makinde, has said the nonaccomplishment of states to person their stock of Nigeria LNG, NLNG, dividends is hindering improvement readying and infrastructure concern crossed the federation.

Makinde said the hold had dealt a large setback to subnational development, forcing states to enactment immoderate planned infrastructure projects connected hold.

He made the remarks connected Friday astatine the 2027 fund stakeholders’ consultative engagement held successful Ibadan, the Oyo State capital.

Speaking astatine the event, Makinde said each authorities was entitled to ₦250 cardinal from the NLNG dividends but regretted that the funds had been withheld until aft the 2027 wide elections.

He said the hold had affected the implementation of projects identified to grow Oyo State’s system and amended infrastructure.

Makinde said, “Each authorities was expected to get ₦250 billion. We had already identified projects that would grow Oyo State’s economy.

“But they person present said the wealth volition not beryllium paid until aft the election. Is...