News
Court orders FG to pay Rivers , Akwa Ibom $3.3bn oil revenue
A Federal High Court sitting Abuja has ordered the Federal Government to pay the sum of $3billion to Rivers and Akwa Ibom States, as their revenue share from crude oil sales.
The amount formed the shares of the two sales from the $62 billion said to have been recovered from some oil companies by the Federal Government.
In a judgment, Justice Taiwo Taiwo ordered that $1,114,551,610 be paid to Rivers state, while another sum of $2,258,411,586 be paid to Akwa Ibom state, being the amount separately claimed against the Federal Government from the share from the $62 billion recovered from the oil companies.
-
Business3 days agoAn Open Appeal To The Gov. Of Bayelsa State, Sen. Diri Douye Regarding The Removal Of My Prominent Billboard On Azikoro Road, Near Ekeki Park.
-
Politics1 day agoBREAKING: Wike Faces Another Setback as PDP Rejects Controversial Calabar Congress Report
-
News5 days agoPolice have arrested three suspects who offered a pregnant woman N30 million to terminate her six-month-old fetus for a ritual in Niger State
-
Niger Delta3 days agoProphetic Warning: Primate Ayodele Cautions NDDC DG Ogbuku on Imminent Betrayal
-
Gist3 days agoA housewife in Bauchi has stabbed her husband to death during a dispute over child custody
-
Entertainment1 day ago‘I’ll Drop Your Son at Your Doorstep’ – Kenyan Woman Calls Out Cubana Chief Priest
-
Politics3 days agoTension in Osun: LG Workers Stand Their Ground, Defy APC’s Resumption Order
-
Crime3 days agoClose Call: Baby Kidnapping Attempt Blocked by Vigilant Residents