Nigeria, Oct. 19 -- The presidency has disputed Oyo State Governor Seyi Makinde's claim that the federal government is withholding N250 billion in Nigeria Liquefied Natural Gas Limited (NLNG) dividends meant for each state, describing the allegation as "false."

Bayo Onanuga, special adviser to President Bola Tinubu on information and strategy, said in a statement on Sunday that the amount claimed by the governor was inconsistent with the revenue-sharing formula and the history of NLNG's dividend payments to the Federation.

Mr Onanuga argued that a one-off payment of N250 billion to each of Nigeria's 36 states would amount to N9 trillion, excluding the federal government, the Federal Capital Territory and the 774 local government areas....