Efik professionals push for fair oil-well allocation
The Efik Professionals group in Nigeria has endorsed the scientific verification of oil wells in Cross River State, seeing it as a remedy for historical economic injustices.
The Efik Professionals, a socio-cultural group in Nigeria, have publicly supported Governor Bassey Otu's efforts to scientifically verify the allocation of oil wells associated with Cross River State. They believe that this initiative is crucial for addressing long-standing injustices that have adversely impacted their community's economy. The group emphasizes that the region's historical ties to the affected coastal areas make this verification process essential for resuscitating their economic fortunes.
In their recent statement, the Efik Professionals commended both Governor Otu for his evidence-based approach and President Bola Ahmed Tinubu for creating an Inter-Agency Technical Committee aimed at addressing the complexities surrounding oil well allocations. This move has been welcomed by the community, which has faced economic challenges due to previous administrative decisions that misattributed oil wells, particularly following developments in Bakassi.
The push by the Efik Professionals can be seen as a vital step toward ensuring that fair and equitable oil revenue sharing occurs for the Efik community, potentially revitalizing their economy after decades of disparities. The group's active engagement in this matter highlights the importance of inclusive decision-making in resource allocation, signaling a broader call for justice and equity in resource management across Nigeria.