Governor Nyesom Wike of Rivers state has advocated a new revenue sharing formula that will make the state get more money for development.
This is as the governor described as “unfortunate”, comments by his Bayelsa State counterpart, Douye Diri, on the ownership of the Soku oil well, located in the state, insisting that the oil well belongs to Rivers State.
The governor spoke when he received a delegation of the Revenue Mobilisation, Allocation and Fiscal Commission on a courtesy visit at Government House, Port Harcourt on Tuesday.