The Imo State Government led by Governor Hope Uzodimma has recovered 43 Oil Wells formerly owned by Imo State but was ceded Rivers State.
Recall that in the twilight of the Shared Prosperity Administration of Governor Hope Uzodimma, it was uncovered that Oil Wells belonging to Imo State were ceded to Rivers State Government.
Inline with the 3R mantra, the State Government through the Deputy Governor, Professor Placid Njoku, who by virtue of the constitution is in charge of boundary dispute in synergy with the coordinator of Petroleum and Gas matters to Governor Hope Uzodimma, swung into action in making efforts to return the 43 Oil Wells back to Imo State.
According to the Coordinator for Petroleum and Gas Matters to the Governor, Mr. Goodluck Opiah, the Oil Wells were recovered from Mgbede field in Ohaji Egbema Local Government and Akri field in Oguta Local Government, respectively.
The recovered 43 Oil Wells signifies the readiness of Governor Hope Uzodimma in correcting the anomalies of the previous administration and moreso, it would increase drastically the revenue of the State, says Opiah.
With this development, Imo State would now rank the 4th largest Oil producing State in the country and in turn, have it’s economy boosted.
Many Imolites have expressed happiness on these recoveries especially on the effect it would have on the State’s economy.