Court grants Akwa Ibom, Bayelsa, River states suit for sharing formula of oil proceeds

Rivers State, Akwa Ibom State and Bayelsa State state instituted an action with suit number SC.964/2016 against the Federal Government at the Supreme Court in 2016. The basis for the institution of the action was for the court to interpret the provisions of Section 16(1) of the Deep Offshore and…

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