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Home Energy

Rivers takes on Akwa Ibom, Imo in N21.6bn oil revenue battle

by Admin
July 29, 2025
in Energy, Frontpage, National: Governance, Policy & Politics, Nigeria Frontier Markets, Oil and Gas
  • Governor Wike denies waging oil war with neighbouring states

Ben Eguzozie, in Port Harcourt  

With Soku oil wells worth over $2 billion now in his kitty, thanks to the Federal High Court Abuja ruling of December 16, 2019, Governor Nyesom Wike is in court again over oil related issues. This time, he is fighting to reclaim for his Rivers State some N21.6 billion allegedly paid to neighbouring states of Akwa Ibom and Imo by the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC).

Wike claims that the said revenues were supposed to have been paid to Rivers.

He said that RMAFC allegedly deducted N5.6 billion from Rivers State federal allocation for Okoro oil wells said to be in Akwa Ibom State, an action for which he is challenging the Federal Government agency in court.

Also, Governor Wike said his Imo State counterpart, Governor Emeka Ihedioha had asked the Federal Government to direct the RMAFC to undertake payment of N15 billion to the state (Imo) for oil wells allegedly belonging to the state, but which are being counted for neighbouring Rivers State.

Over the two oil revenues (amounting to N21.6 billion), Governor Wike is challenging his neighbour governors, Udom Emmanuel and Emeka Ihedioha in court – although he told newsmen last December 23 in Government House, Port Harcourt that both of them are his “close friends.” But said he does not trade friendship with what belong to Rivers people.

“I am protecting what belongs to Rivers State Ijaw. I am protecting what belongs to Rivers State. I was elected by Rivers people to protect their interest,” Wike said.

The Rivers governor denied an allegation by Seriake Dickson, the outgoing governor of Bayelsa State that he (Wike) was embarking on “oil wars” with his neighbouring states – Akwa Ibom and Imo.

“There are no oil wars between Rivers State and Imo or Akwa Ibom States, as claimed by the outgoing Bayelsa State Governor. I went to Court against Imo State to challenge the attempt by Governor Ihedioha to take N15 billion revenue of oil wells belonging to Rivers State.  Also, I went to court against Akwa Ibom State because of illegal deductions of N5.6 billion from Rivers State by the agencies of the Federal Government.  I still enjoy a good working relationship with the Governors of Imo and Akwa Ibom States,” Governor Wike said.

Wike rather accused Governor Dickson of lamenting over his state’s loss of Soku oil wells to Rivers State following the Abuja High Court judgement of December 16, 2019; accusing the outgoing Bayelsa governor further of being wasteful in his administration; and had failed to develop critical infrastructure in the state in the eight years of his administration in the state.

He said he was challenging Governor Dickson to appeal the High Court judgement over Soku oil wells; and not call him (Wike) names of embarking on “oil wars” with his neighbouring states.

“You cannot heap your frustration on us. We have nobody to carry guns, so the best place to go is the court,” Wike said.

Admin
Admin
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