{"id":323686,"date":"2011-03-20T00:21:00","date_gmt":"2011-03-20T00:21:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/20\/86-oil-wells-akwa-ibom-may-negotiate-with-rivers\/"},"modified":"2011-03-20T00:21:00","modified_gmt":"2011-03-20T00:21:00","slug":"86-oil-wells-akwa-ibom-may-negotiate-with-rivers","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/20\/86-oil-wells-akwa-ibom-may-negotiate-with-rivers\/","title":{"rendered":"86 oil wells: Akwa Ibom may negotiate with Rivers"},"content":{"rendered":"<div readability=\"65\">\n<p><span>Akwa Ibom is seeking political solution to last Friday\u2019s Supreme Court ruling transfering 86 disputed oil wells to Rivers state.<\/span><\/p>\n<p><span>The Supreme Court ordered the transfer and all the revenues that accrued from them since April 2009 to River states.<\/span><\/p>\n<p><span>A top Akwa Ibom government official told The Nation yesterday a political solution is the most appropriate since it was the basis of the judgement.\u00a0<\/span><\/p>\n<p><span>He said the state was studying the deal with a view to resolving the issue.\u00a0<\/span><\/p>\n<p><span>\u2018\u2019Government is still studying the mater and government will look at all the political issues in the case to know how to also use political angle to address the matter since the Supreme Court relied on the political bases to arrive at the conclusion,\u2019\u2019 the source explained.\u00a0<\/span><\/p>\n<p><span>The accrued revenues would be paid with interest at the prevailing commercial rate per annum till yesterday, and at eight per cent interest per annum on the judgment debt until full liquidation of the judgment sum and interest.<\/span><\/p>\n<p><span>Delivering judgment in a suit filed by Rivers State against the Attorney-General of Akwa Ibom State and the Attorney General of the Federation (AGF), the apex court held that the two states were bound by a political resolution they had on the wells under the supervision of former President Olusegun Obasanjo.<\/span><\/p>\n<p><span>Governor Godswill Akpabio kicked against the political arrangement in 2007 when the National Boundary Commission returned the wells to Akwa Ibom.\u00a0<\/span><\/p>\n<p><span>Rivers state governor, Rotimi Amaechi, has vowed to collect all monies that accrue to Akwa Ibom from the wells since 2007.<\/span><\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/3db16a31thumbnail.php_44.jpg\" \/><\/p>\n<p>Read more here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/thenationonlineng.net\/web3\/news\/31233.html\" title=\"86 oil wells: Akwa Ibom may negotiate with Rivers\" rel=\"noopener noreferrer\">86 oil wells: Akwa Ibom may negotiate with Rivers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Akwa Ibom is seeking political solution to last Friday\u2019s Supreme Court ruling transfering 86 disputed oil wells to Rivers state. The Supreme Court ordered the transfer and all the revenues that accrued from them since April 2009 to River states. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-323686","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>86 oil wells: Akwa Ibom may negotiate with Rivers - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/20\/86-oil-wells-akwa-ibom-may-negotiate-with-rivers\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"86 oil wells: Akwa Ibom may negotiate with Rivers - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Akwa Ibom is seeking political solution to last Friday\u2019s Supreme Court ruling transfering 86 disputed oil wells to Rivers state. 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