We have not reallocated disputed oil wells yet – RMAFC

From Isaac Anumihe, Abuja

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has dismissed a report alleging that some oil wells have been allocated to states by the Inter-Agency Committee on the Verification of Co-ordinates of Disputed Crude Oil and Gas Wells.

In a statement, RMAFC said there is no finalised recommendation or decision regarding the ceding or reallocation of any oil wells, as due institutional processes are still ongoing.

According to the commission, RMAFC operates a clearly defined and transparent procedure in the discharge of assignments of national significance.

“The commission only recently received a draft report from the Inter-Agency Committee on Friday, February 13, 2026. Consistent with established protocol, the draft document has been transmitted to relevant technical and statutory stakeholders, namely the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the National Boundary Commission (NBC), and the Office of the Surveyor General of the Federation (OSGOF), for detailed review, observations, and technical input,” it said.

According to the commission, following receipt of the observations and recommendations from the agencies, the matter will be subject to further scrutiny by the commission’s internal tripartite committees, comprising the Committee on Crude Oil, Gas and Investment and the Legal Matters Committee. These committees, it noted, will undertake comprehensive technical and legal reviews before presenting their findings to the plenary session of the Revenue Mobilisation Allocation and Fiscal Commission for deliberation and final recommendations.

“Upon completion of these institutional processes, the commission’s final report will be formally transmitted to the president and the attorney-general of the federation for necessary consideration and further action in accordance with applicable laws and constitutional provisions.

“So, in view of the above clearly established procedures, the commission considers the report currently circulating in the media as speculative, inaccurate, and capable of misleading the public. The RMAFC, therefore, urges members of the public, stakeholders, and media organisations to disregard the purported report and await official communication from the commission upon completion of the statutory review process.

“The commission remains committed to transparency, due process, and the objective discharge of its constitutional mandates in the national interest,” RMAFC said.