Supreme Court restrains ceding oil wells to Imo State

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Petrol-tankers-NNPC

The Supreme Court has granted an order of injunction restraining the Federal Government and its agencies from ceding oil wells at Akri and Mbede communities, to Imo State.

The order was granted to stop a purported implementation of the ceding of about 17 oil wells to Imo State, pending the determination of a suit brought before the court by the Rivers State Government.

In the ruling, the Supreme Court restrained the Attorney General of the Federation and the Attorney General of Imo State, from taking further action on the ownership of the Oil Wells, till the disputes surrounding them are resolved.

The apex court also barred the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the office of the Accountant General of the Federation from approving, implementing or giving effect in any manner.

Thereafter it fixed September 21 for the hearing of the substantive suit.

Reacting the River State commissioner of finance, Isaac Kamalu hailed the ruling as a win against injustice.