Supreme Court Stops  FG From Ceding 17 Oil Wells To  Imo 

The Supreme Court has  granted an order of injunction stopping the Federal government and it’s agencies from ceding 17 disputed oil wells located at Akri and Mbede to Imo state.

The order of injunction was granted to stop an alleged implementation of the ceding of the 17 oil wells to Imo state  pending the hearing of a suit filed at the Supreme Court by the Rivers state government.

The 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 in any manner to a letter from RMAFC office, with reference number RMC/O&G/47/1/264 of July 1, 2021, which canceled the equal sharing of proceeds from the 17 oil wells by Rivers and Imo states.

The apex court gave the restraining order while ruling on an ex-parte application brought by Rivers state.