Oyo State Governor Seyi Makinde has pledged to introduce tax breaks for businesses and individuals if elected as the Action Plan Movement’s (APM) presidential candidate in the 2027 general elections.
Speaking on his economic agenda, the governor outlined plans to reduce the tax burden on Nigerians as a key strategy to stimulate economic growth and improve living standards. He positioned these fiscal incentives as central to his vision for national development.
In a separate but related announcement, Makinde reaffirmed his long-standing claim regarding the unremitted ₦250 billion owed to the Oyo State government. The funds are linked to the Nigerian Liquefied Natural Gas (NLNG) project, a major energy infrastructure initiative in the country.
The governor emphasized that the state is entitled to its share of the revenue from the NLG operations, asserting that the payment has been outstanding for a significant period. He stated that his administration remains committed to recovering these funds to support state development projects.
These declarations come as the APM continues to consolidate its position ahead of the 2027 polls, with Makinde emerging as a prominent figure in the party’s presidential bid. His dual focus on national tax reform and state-level revenue recovery highlights the key economic issues he intends to address in his campaign.
<small>Source: Punch Nigeria — read the original story there.</small>