Newsdrop News Business News RMAFC Reopens Oil Wells Verification Over 13% Derivation Disputes

RMAFC Reopens Oil Wells Verification Over 13% Derivation Disputes

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reopened the verification of disputed and newly drilled oil and gas wells following complaints from states over an earlier exercise linked to the sharing of the 13 per cent derivation revenue.

The commission on Wednesday inaugurated a reconstituted Inter-Agency Technical Committee (IATC) to verify the coordinates and locations of affected wells from 2017 to date.

RMAFC Chairman Mohammed Bello Shehu said the commission discarded its previous draft report after receiving claims, counterclaims, and complaints from various states, particularly over the accuracy of well coordinates and boundaries.

He said the fresh exercise would ensure that disputed wells are correctly located and plotted on approved maps to establish which states should receive derivation revenue from them.

The committee was directed to consider relevant court decisions, use approved maps, and conduct physical verification where necessary.

The exercise will be conducted under a two-tier structure. The technical team comprises officials from RMAFC, the Office of the Surveyor-General of the Federation, the National Boundary Commission, and the Nigerian Upstream Regulatory Commission. It will handle field inspections, technical analysis, and the initial report.

An Executive Committee led by RMAFC will provide strategic oversight and review the final findings before they are submitted for ratification.

RMAFC said surveyors-general from affected states and representatives of the Senate Committee on Petroleum Resources (Upstream) would participate as observers to promote transparency.

The commission said the exercise is intended to improve the accuracy and fairness of revenue allocation among oil and gas-producing states.

The fresh exercise follows earlier concerns over the verification process. In February 2026, RMAFC said a draft report then circulating publicly was not final and that relevant agencies were still reviewing it.

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