Supreme Court has ruled in favour of Rivers state over disputed 17 oil wells.
Gatekeepers News reports that the Supreme court decided that the oil wells located in Ndoni and Egbema communities belong to Rivers State.
The judgment which was delived on Friday against Imo State, ends the political arrangement on the sharing of revenue.
There was previously a political arrangement put in place by the federal government for the revenue from the disputed wells to be shared equally between the two states.
However, when Emeka Ihedioha became governor in 2019, a presidential memo directed that all the revenue should go to Imo.
The Rivers state government swiftly filed a lawsuit against the federal government and Imo state.
The court’s six-member panel, led by Olukayode Ariwoola, however declined to grant Rivers state’s prayer that Imo be made to refund all the monies it had collected based on the political arrangement since 1999.
