Otu Demands Fair Oil Deal for Cross River

Governor Bassey Otu has urged the Federal Government to treat Cross River State fairly in the ongoing review of oil-producing states, stressing that the state has long made sacrifices for national unity and peace.

Speaking at the Margaret Ekpo International Airport, Calabar, Otu highlighted that Cross River’s contribution, including the ceding of the Bakassi Peninsula, should be recognized in the current process of re-listing the state as an oil-producing region. Cross River has endured historical sacrifices for the country, and we deserve equitable treatment in the allocation and recognition of oil-producing status,” the governor said, reaffirming his administration’s commitment to pursuing both legal and administrative avenues to regain full recognition and benefits. The issue arises from a longstanding dispute over 76 oil wells formerly claimed by Cross River, which were awarded to Akwa Ibom State by a 2012 Supreme Court judgment. However, a recent federal inter-agency committee report indicates that Cross River may soon be re-listed as an oil-producing state, a move that has sparked political tension between the two states. While Cross River pushes for recognition and derivation fund entitlements, Akwa Ibom authorities maintain that the Supreme Court ruling remains binding, cautioning against premature claims. Analysts note that the upcoming decisions by federal agencies, including the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), will be crucial in resolving the matter.