Energy
Anambra Reclaims 10 Oil Wells Previously Attributed to Delta State
The Anambra State Government has announced the recovery of about 10 oil wells previously attributed to neighbouring Delta State following a verification exercise by federal authorities.
The development was disclosed by Professor Charles Ofoegbu, Managing Director of the Anambra State Solid Minerals Development Company and Chairman of Anambra State Petroleum Energy Resources Limited, while briefing journalists in Awka, the state capital.
According to Ofoegbu, the oil wells are located within the Anambra River Basin but had previously been credited to Delta State due to long-standing boundary disputes between the two states.
He explained that the recovery followed a verification exercise carried out by the Revenue Mobilisation Allocation and Fiscal Commission to determine the exact ownership and location of disputed oil and gas wells across the Niger Delta region.
Ofoegbu noted that once the commission’s report is formally approved, Anambra State will begin to receive additional revenue from the recovered oil wells through the constitutional 13 per cent derivation allocated to oil-producing states.
The official also revealed that the state government is working with foreign investors to establish a modular refinery in Ossamala, located in Ogbaru Local Government Area, which is expected to produce petroleum products and generate further economic benefits for the state and surrounding regions.
Anambra was recently admitted into the league of oil-producing states in Nigeria after confirming commercial oil production with an initial output estimated at about 3,000 barrels per day.
The recovery of the oil wells is expected to significantly boost the state’s revenue base and strengthen its position within Nigeria’s oil-producing region.
