The Federal Government has commenced the verification of disputed and newly drilled crude oil and gas fields across the Niger Delta to resolve ownership claims and ensure equitable revenue allocation to producing states.
Speaking to journalists in Asaba, Dr. Mohammed Shehu, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), said the exercise is mandated by law under paragraph 32(a), Part I of the Third Schedule of the 1999 Constitution (as amended).
“We announce the inauguration of the IATC and reaffirm our unwavering commitment to accurately identify the locations of crude oil and gas fields and wells within the disputed areas and the newly drilled crude oil and gas wells.
“The 1999 Constitution, as amended, empowers the RMAFC, amongst other functions, to monitor accruals into and disbursement of revenue from the federation account.
“This initiative is driven by former concerns expressed by the executive governors of some states, such as Anambra -Imo, Anambra -Delta, regarding the rightful ownership and territorial boundaries of specific crude oil and gas assets.
“Key among these is the Aneize oil field within OML 143; the Eyine and Ameshi fields. In Delta, we shall examine the identified locations and verify the coordinates of newly drilled oil and gas wells within the area spanning from 2017 to date,” he said.
Rivers, Akwa Ibom, others to be part of verification
The RMAFC boss said the verification exercise would be extended to Rivers, Akwa Ibom, Bayelsa, Ondo, Edo, and Anambra states in response to their complaints.
He said that the verification exercise would rely on geospatial data provided by the NUPRC, which would be validated and plotted while the Surveyor-Generals of the affected states would observe the entire process.
According to him, the goal is to ensure a fair and transparent allocation of oil revenue grounded in accurate data while addressing long-standing disputes over the location and rightful ownership of these vital energy assets.
“We are tasked with plotting the coordinates of newly drilled identified crude oil and gas fields and wells across recognized oil-rich regions.
“This decision reflects our unwavering commitment to support the commission in obtaining precise location data for these assets, ensuring that the 13 per cent derivation fund is equitably disbursed to the rightful boundary states among the oil-producing areas,” he stated.
Shehu noted that the exercise was a strategic and proactive measure by the Federal Government aimed at resolving long-standing disputes among the affected states.
“This initiative is essential to ensure that every oil and gas-producing state receives its rightful share of the resources to reduce tension and safeguard the integrity of the federation account.
“By promoting transparency and fairness, we are laying the groundwork for a more stable and conducive environment for continued exploration and development across the region,” Shehu said.
More insights
Shehu noted that the exercise was also informed by the various petitions by governors of Anambra, Delta, Imo, Edo, Ondo, and Rivers seeking to establish the rightful ownership and territorial boundaries of specific crude oil and gas assets.
According to Shehu, the assignment is to be carried out via the Inter-Agency Technical Committee (IATC), comprising the RMAFC, Representatives of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Office of the Surveyor General of the Federation (OSGOF), and the National Boundary Commission (NBC).
