Cross River Set to Regain Oil-Producing Status, FG Technical Report Confirms

Cross River State Poised to Regain Oil-Producing Status, FG Report Shows


The Federal Government has projected that Cross River State is set to regain its status as an oil-producing state, following the submission of a detailed technical report by a federal inter-agency committee. The findings were formally presented to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) on Friday, February 13, 2026.



The report is the outcome of a six-month verification exercise conducted between August 2025 and February 2026, in which a team of experts from several federal agencies meticulously reviewed Nigeria’s oil and gas data. The committee included representatives from the National Boundary Commission, the Office of the Surveyor-General of the Federation, and the Nigerian Upstream Petroleum Regulatory Commission, among others.


The verification process involved field visits to oil fields and offshore sites across multiple states to confirm the location and production status of oil wells, while resolving any discrepancies in territorial claims or reservoir data.



Findings indicate that Cross River State has a substantial number of oil wells, with projections suggesting more than 100 active wells in its maritime territory, particularly within the OML 114 region. This technical evidence supports the state’s reclassification as an oil-producing state, nearly two decades after it lost recognition due to changes in maritime boundaries.

Officials have emphasized that the verification relied on scientific and geophysical data rather than historical or political factors, ensuring an accurate representation of Nigeria’s hydrocarbon resources.



The report has been submitted to RMAFC for consideration, with final approval now awaiting presidential assent. Once endorsed, the commission will update the official list of Nigeria’s oil-producing states and determine the associated revenue allocations. 



    You can also read:

https://everydaystorynetwork.blogspot.com/2026/02/aso-rock-to-disconnect-from-national.html













Cross River’s previous recognition as an oil-producing state was affected by the loss of the Bakassi Peninsula, which led to adjustments in maritime boundaries and offshore revenue entitlements. The current findings aim to restore recognition based on verified hydrocarbon resources within the state’s jurisdiction.



The technical report signals a significant development for Cross River State, potentially opening the door for renewed oil revenue and development opportunities. The formal implementation of the committee’s recommendations will depend on presidential approval and subsequent action by RMAFC.

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