Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Dickson denies collecting N17bn oil money

07 November 2012, 07:31

Yenagoa - The Bayelsa Government on Tuesday dismissed Rivers  Government’s claim that the Revenue Mobilisation, Allocation and Fiscal Commission (RMFAC) wrongly paid N17 billion from the escrow account to it.

Gov. Seriake Dickson, who made the denial in Yenagoa at the inauguration of a14-man state Boundaries’ Committee, said there was no iota of truth in the claim.

Dickson said that at no point in time did RMFAC wrongly paid any amount from escrow account to Bayelsa Government.

He also called on the law abiding people of the affected Nembe and Kalabari kingdoms not to allow the unity of the Ijaw nation to be affected by the antics of the people who want to play politics over the disputed oil wells.

He said that was a deliberate falsehood that had been put out there to create an impression of bias on the part of a hardworking, impartial federal agency that is doing their work.

"The truth, however, is this: last year, the government of Bayelsa made some claims against Rivers on the account of revenue collection due Bayelsa in respect of some disputed wells.

"The government of Rivers and its officials duly defended this claim and at the end of it, there was a reconciliation of figures,’’ he said.

Dickson said at the end of the reconciliation, it was agreed by all parties, including officials of the Rivers Government,  that Rivers had wrongly collected N17 billion that was due to Bayelsa.

"That was determined and found to be a fact at the reconciliation.

"Therefore, an agreement was reached by all parties, including the representatives of the government of Rivers for a refund to be made.

"Government of Rivers also made a counter-claim of wrongful payment of some other wells in its territory to Bayelsa and other neighbouring states.

"The appropriate federal agencies looked at this claims, heard from all the parties and found out that Rivers Government was entitled to refund of close to N15 billion and N16 billion.

"Again as in defence, there was an agreement reached for refund, as a result of which all the states affected, were made to refund that money.  Refund was agreed upon to be made to Rivers.

"Either all the states affected have paid or in the process of doing so.

"The government of Bayelsa was made to pay about N2 billion as refund to Rivers based on that consensual understanding.”

Dickson described as mischievous for anybody to allege and create an impression that N17 billion was ever kept in an escrow account and that a federal agency paid it out to Bayelsa during the pendency of litigation.

"That is a lie that has been fed to the public to create the impression that the federal agencies are bias.’’

The governor also commended the chiefs and people of Oluasiri and the Nembe Kingdoms in general for not taking to the streets on the issue.

He urged them to continue to maintain law and order.

Responding on behalf of the committee, the Chairman, who is also the state Deputy Governor, Rear Admiral John Jonah (rtd), said the task given to the committee was not an easy one.

He assured that members of the committee will justify the confidence reposed on them by the State Government.



EFCC arrests former FCT minister

25 October 2016, 12:27

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...