Oyo State Governor Seyi Makinde has reiterated his allegation that the Federal Government spent N250 billion in dividends paid by the Nigeria Liquefied Natural Gas (NLNG) Limited without following the required revenue-sharing process.
Speaking at a South-South town hall meeting organised under the Makinde/Daura 2027 project in Uyo, Akwa Ibom State, on Tuesday, Makinde said he stood by his claim and urged Nigerians to demand greater transparency from the Federal Government.
He maintained that the money, which was remitted into the Federation Account, should have been distributed among the federal, state and local governments in line with established revenue-sharing procedures. The Federal Government has previously rejected the allegation.
Makinde also called on residents of the South-South region to support political alternatives ahead of the 2027 general elections, arguing that Nigeria needed a new direction focused on economic growth, education, social security and skills development.
He expressed concern over political changes in several oil-producing states, including Delta, Akwa Ibom, Bayelsa, Edo, Rivers and Cross River, which he said had previously been governed by opposition parties.
The governor also criticised the tax laws recently passed by the National Assembly, describing them as unfavourable to ordinary Nigerians and the middle class.
According to him, tax policies should reflect productivity, encourage business growth and avoid placing additional pressure on Nigerians facing economic difficulties.
Makinde pledged that, if elected president in 2027, his administration would promote entrepreneurship and address challenges in the Niger Delta, including militancy and persistent poverty.
Drawing on his experience as a former oil worker, he said the region’s natural resources should translate into improved living conditions and greater economic opportunities for its people.
He also commended Akwa Ibom State Governor Umo Eno for hosting the meeting, praising his approach to politics without bitterness.
