The Imo State Government says it has recovered 43 Oil Wells formerly owned by the State but ceded to Rivers 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.
