BY IBRAHIM BAKARE
Nyesom Wike, Rivers State Governor has moved the motion for a new revenue sharing formula which will enable the state get more money for development.
The governor made this known while describing as “unfortunate”, comments by his Bayelsa State counterpart, Douye Diri, on the ownership of the Soku oil well, located in the state.
Gov. Wike insisted that the oil well belongs to Rivers State.
He spoke while receiving a delegation of the Revenue Mobilisation, Allocation and Fiscal Commission on a courtesy visit at Government House, Port Harcourt today.
In a statement by his Commissioner for Information and Communications, Paulinus Nsirim, the governor said, “It is unfortunate that the Bayelsa State Governor told you when you visited him that you should not pay us revenue from Soku Oil Well.
“The matter was at the Supreme Court when the National Boundary Commission admitted that they made an error in their 11th edition publication by situating Soku Oil Well in Bayelsa State.
He said they were then directed to correct the error in their 12th edition publication.
Gov. Wike added that when they failed to effect the correction, they had to go back to the Federal High Court, and the court, in its wisdom, directed that all revenue accruing from Soku Oil Well should be paid to Rivers State.
He expressed dissatisfaction in the Bayelsa State Governor, saying that for coming up to say that the Rivers state money should not be paid is unfortunate.
“If they have filed a matter at the Supreme Court, it is not an injunction to stop the implementation of the subsisting judgment.”