Wednesday 11 July 2012

76 oil wells: Supreme court rule in favour of Akwa Ibom state


The Supreme Court on Tuesday gave 76 oil wells in contention between Cross River and Akwa Ibom states to the latter by a unanimous decision.

It also dismissed an application filed by Cross River State last Friday to stop the judgment.
Cross River had gone to the Supreme Court claiming ownership of the wells.
It also joined the Federal Government as a defendant in the suit.
The state asked the court to compel the Federal Government and Akwa Ibom State to pay N15.5 billion to it as 13 per cent derivation from November 2009 to March 10, 2010.
The plaintiff had filed an application at the apex court on Friday, asking it to stay action on the judgment because Akwa Ibom presented a doctored map of the Nigeria-Cameroon boundary as part of the documents it submitted to the court.
It had urged the apex court to expunge the map.
Source; trends.com.ng

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