76 Oil Wells :Cross Rivers May Get A Reprieve

Vice President Arc Mohammed Namadi Sambo presided over a meeting on the resolution of the of the 76 wells by the Cross Rivers State Government in his Conference room at the State House, Abuja according to a press release by Umar Sani, SSA ,media and publicity to the vice president.

The meeting which examined the of the on the matter and the matters arising therefrom requested the Revenue Mobilization and Fiscal Commission to make presentations as to the way forward.

While the presentation, the Chairman Revenue Mobilization Allocation and Fiscal Commission stated that the Commission have been meeting to find ways to advise government on the need to provide succour to Cross Rivers State due to the financial discomfort it suffered by the of the .

He further stated that the Revenue Mobilization Allocation and Fiscal Commission Act especially Section 5 Sub-section 7 stipulates that the purposes of the Act and avoidance of doubt, where any state of the federation suffers any which is outside its control, the Stabilization Funds shall be used to give succor to such a sate.

Furthermore, the meeting examined the new posed at the Bakassi Peninsula on the of innocent lives through the activities of some foreign bodies and noted that as the Green Tree Agreement is nearing expiration, measures need to be to be taken to address such . The Vice President directed that a detailed report with relevant evidence be provided to enable government act decisively.

Present at the meeting were the Governors of Cross Rivers and Akwa-Ibom states, the Chairman Revenue Mobilization and Fiscal Commission, the Director-General National Boundary Commission and other government officials.

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