# Oyo Govt Challenges Tinubu on NLNG Dividends

> Oyo State demands explanation for $3bn NLNG dividends distribution under Tinubu administration.
- Title: Oyo Govt Challenges Tinubu on NLNG Dividends | Shortify
- Summary: Oyo State demands explanation for $3bn NLNG dividends distribution under Tinubu administration. Oyo State government claims federal government withheld $3bn…
- Keywords: oyo state government, nigeria liquefied natural gas limited, president tinubu, nlng dividends, federal government, nigeria governors forum, reconciliation exercise, n9 trillion shortfall, state government, federal revenue sharing, news, politics
- Source: Premium Times Nigeria — https://premiumtimesng.com/news/top-news/918173-nlng-dividends-oyo-govt-challenges-presidency-to-explain-distribution-of-3bn-received-under-tinubu.html
- Author: Abubakar Abdulrasheed
- Published: 2026-10-19T09:00:15+00:00
- Read time: 1 min
- Topics: oyo state government, nigeria liquefied natural gas limited, president tinubu, nlng dividends, federal government, nigeria governors forum, reconciliation exercise, n9 trillion shortfall, state government, federal revenue sharing, news, politics
## Oyo State Government Challenge
Oyo State government challenges presidency to explain distribution of $3bn NLNG dividends received under Tinubu administration.
## NLNG Dividend Shortfall Claim
Oyo State claims N9 trillion shortfall in NLNG dividends owed to states and local governments.
## Presidency Response
Presidency rejects Oyo State's claim that federal government withheld NLNG dividends due to states.
## Reconciliation Exercise
NGF engaged consultant to reconcile NLNG dividend payments identifying N9 trillion shortfall.
## Presidential Spokesperson's Claim
Presidential spokesperson says N9 trillion claim would require NLNG to pay over N33.68 trillion to states.
## Historical NLNG Payments
NLNG paid approximately $21.5 billion in dividends to federation over past 25 years.
## Current NLNG Distribution
Presidency states less than $3 billion received under Tinubu administration.
## Oyo's Distribution Questions
Oyo government asks how states and local governments received their shares of NLNG dividends.
## Oyo's Claim Validity
Oyo government defends figures as having basis for claims about NLNG dividends.
## Presidency's Lack of Detail
Presidency did not provide transaction-by-transaction reconciliation of dividend proceeds.
## Oyo Governor's Political Role
Oyo Governor Seyi Makinde is presidential candidate for 2027 election in All Progressives Congress.
## Oyo Governor's Position
Oyo Governor Makinde is incumbent vice-chairman of Nigeria Governors' Forum.
## Presidential Response Details
Presidency states NLNG paid $21.5 billion to federation over past 25 years with less than $3 billion under Tinubu.
## Key takeaway

Oyo State government claims federal government withheld $3bn NLNG dividends under Tinubu, demanding reconciliation of N9 trillion shortfall.