By Emmanuel Nduka
An order of injunction stopping the Federal Government and its agencies from ceding 17 disputed oil wells located at Akri and Mbede to Imo State, was on Wednesday granted by the Supreme Court of Nigeria.
The order of injunction was granted to stop an alleged implementation of the ceding of the 17 oil wells pending the hearing of a suit filed at the Supreme Court by the Rivers State government.
The apex court also barred 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 in any manner to a letter from the RMAFC office, with reference number RMC/O&G/47/1/264 of July 1, 2021, which cancelled the equal sharing of proceeds from the 17 oil wells by Rivers and Imo states.
The court gave the restraining order while ruling on an ex-parte application brought by Rivers State.
The application was argued by Emmanuel Ukala (SAN) counsel representing Rivers State.
