24.6 C

FG Barred From Ceding 17 Oil Wells To Imo

Must read

On Wednesday, the Supreme Court issued an injunction prohibiting the federal government and its agencies from transferring 17 disputed oil wells in Akri and Mbede to Imo State.

The injunction was granted to prevent the purported implementation of the ceding of the 17 oil wells pending the outcome of a suit filed by the Rivers State government in the Supreme Court.

The Supreme Court also barred the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the Office of the Accountant General of the Federation from approving, implementing, or giving effect in any way to a letter from the RMAFC office dated July 1, 2021, with reference number RMC/O&G/47/1/264, which cancelled the equal sharing of proceeds from the 17 oil wells by Rivers and Imo states.

The restraining order was issued by the Supreme Court in response to a Rivers state ex-parte application.

Emmanuel Ukala SAN, attorney for the state of Rivers, presented the case.

More articles


Please enter your comment!
Please enter your name here

Latest article