Monday, 5 November 2012

Rivers State Blames Dwindling State Revenue To Loss Of Oil Wells To Neighboring States

.Cameraman Rivers state Government has attributed its declining revenue profile to incessant boundary adjustment .

Gov Chibunna Amechi who disclosed this in Abia said the state had lost some oil wells to Abia and Bayelsa states due to boundary adjustments.

The Governor noted that though they had gone to court over both cases,the state had lost substantial revenue from the federation account,which had also affected its development. 

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