ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Supreme Court stops FG from ceding 17 oil wells to Imo

15th July 2021
in Business
0
Why APC can’t field candidates in  Rivers – Supreme Court
0
SHARES
63
VIEWS
Share on FacebookShare on Twitter

The Supreme Court has granted an order of injunction restraining the Federal Government  from ceding 17 disputed oil wells located at Akri and Mbede in Rivers to Imo.

The apex court granted the order on Wednesday in Abuja while ruling in chamber on an ex parte motion argued by Mr Emmanuel Ukala (SAN).

He prayed the court to stop the alleged implementation of the ceding of the 17 oil wells to Imo pending the determination of the suit filed by Rivers  government.

In its rulling, the apex court restrained the Attorney General of the Federation (AGF) and the Attorney General of Imo from taking any further action on the ownership of the disputed 17 oil wells.

The court ruled that the defendants are not to take any action  untill the ownership dispute is resolved.

The apex court also stopped the Revenue Mobilisation Allocation and the Fiscal Commission (RMAFC) and the office of the Accountant General of the Federation from approving, implementing, or giving effect  to a letter with reference number RMC/O&G/47/1/264 of July 1. The letter is said to have  canceled the equal sharing of proceeds from the 17 oil wells by Rivers and Imo.

The court fixed Sept. 21 to hear the substantive matter.

The Rivers government dragged the AGF and the Attorney General of Imo to the Supreme Court over disagreement on boundaries.

The plaintiff prayed for declaration that the boundary between it and Imo, as delineated on Nigeria administrative map and other maps bearing similar delineations were inaccurate.

It held that the maps did not represent the legitimate and lawful boundaries between the two states.

The plaintiff also sought a declaration that as far as Nigeria’s administrative map  and other maps bearing similar delineations, relate to the boundaries between Rivers and Imo, the said maps were unlawful and void.

It held that the maps could not be relied on to determine the extent of the territorial governmental jurisdiction of Rivers and to determine the revenue accruing to Rivers from the federation account.

It further prayed the Supreme Court to declare that the correct instrument, maps and documents, to be relied on in determining the boundary between Rivers and Imo were those used by the plaintiff in delineating the boundary line between the two states.

The plaintiff also sought a declaration that all the oil wells within Akri and Mbede communities were wrongly attributed to Imo  and that they were all oil wells within the territory of Rivers.

“They form  part of Rivers  and  it is only Rivers that is entitled to receive the full allocation of the distributable revenue from the oil wells on the basis of the 13 per cent derivation as contained under Section 162 of the 1999 Constitution.”

Tags: Supreme Court stops FG from ceding 17 oil wells to Imo
Rapheal

Rapheal

Related Posts

Govt suspends NURTW  in Lagos Island
Business

Ehingbeti 2022: Lagos to prioritise technical education in fight against poverty, unemployment

8th August 2022
Financial Inclusion: More collaboration needed with regulators, says i-invest CPO, Olusoga
Business

Financial Inclusion: More collaboration needed with regulators, says i-invest CPO, Olusoga

8th August 2022
TUC restates commitment to workers’ welfare
Business

TUC Crisis: Parties’ve confidence in judicial adjudication

8th August 2022
Next Post
Air Peace to recall sacked pilots after FG’s intervention

Air Peace to resume Bangul, Dakar flights July 23

Wike to FIRS: 6% stamp duty’ll hurt tenants

Nami tasks FIRS workers, business community on tax compliance

Knocks trail FAAN over security breach at Lagos airport

Abuja, Lagos airports record 323,751 international passenger movements in Q1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Recruitment: ECOWAS sets up ad hoc committee to investigate allegations of malpractice against Nigerian candidates

26,000 PDP supporters decamp to APC from 4 Zuru Emirate LGAs

Death of rage and outrage

Buhari’s Rep dumps APC

Knocks on FG over Keyamo’s position on security, ASUU

INEC urged to allow Nigerians in Diaspora vote

Trending

2023: Yiaga Africa, Chucks d General to mobilise 60% of Nigerian youths to vote
National

2023: Yiaga Africa, Chucks d General to mobilise 60% of Nigerian youths to vote

8th August 2022
0

YIAGA Africa, a civil society organisation and a popular comedian, Chucks D General, said they would jointly mobilise ...

No plans to return some schools to original owners, says Oyo State Govt

No plans to return some schools to original owners, says Oyo State Govt

8th August 2022
Nigeria gets largest share of IDA’s $93bn for resilient, robust economy

Solar Cells, game changer for nation’s alternative power sources – Buhari

8th August 2022
Recruitment: ECOWAS sets up ad hoc committee to investigate allegations of malpractice against Nigerian candidates

Recruitment: ECOWAS sets up ad hoc committee to investigate allegations of malpractice against Nigerian candidates

8th August 2022
26,000 PDP supporters decamp to APC from 4 Zuru Emirate LGAs

26,000 PDP supporters decamp to APC from 4 Zuru Emirate LGAs

8th August 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • 2023: Yiaga Africa, Chucks d General to mobilise 60% of Nigerian youths to vote
  • No plans to return some schools to original owners, says Oyo State Govt
  • Solar Cells, game changer for nation’s alternative power sources – Buhari
  • Recruitment: ECOWAS sets up ad hoc committee to investigate allegations of malpractice against Nigerian candidates
  • 26,000 PDP supporters decamp to APC from 4 Zuru Emirate LGAs
  • Death of rage and outrage
  • Buhari’s Rep dumps APC
  • Knocks on FG over Keyamo’s position on security, ASUU
  • INEC urged to allow Nigerians in Diaspora vote
  • West African students honour Ugwuanyi
  • Jaiz Bank posts N2.54bn Q2 profit
  • Again, crack in IPOB
  • Lalong has reawakened zeal in APC as Tinubu’s campaign DG –Dati
  • Bandits infiltrate Katsina metropolis, kill 4, abduct others
  • ‘Pastor’ arrested with 3 drums of Mkpuru Mmiri in Akwa Ibom
  • Arase mourns ex-IGP Tafa Balogun, says he was quintessential leader
  • Military airstrikes kill bandits’ warlord, 27 others in Katsina
  • Police arrest wanted suspected cultist in Osun
  • NANS boils over sit-tight executives
  • WAEC releases May/June 2022 WASSCE results today

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.