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Presidency denies withholding 250 billion naira NLNG dividends

The Federal Government has rejected claims by a state governor that it is holding back dividend payments from the national oil company.

The Presidency has rejected Governor Seyi Makinde's claim that the Federal Government is withholding N250 billion in NLNG dividends owed to the states.

The dispute centres on dividend payments from the Nigeria Liquefied Natural Gas Company that should be distributed to state governments.