Kohima: Nagaland Chief Minister Neiphiu Rio announced a landmark agreement between Nagaland and Assam to equally share royalties from the exploration and exploitation of natural resources in the Disputed Area Belt (DAB).
Speaking to reporters after inaugurating the Sammogooting Stadium in Chümoukedima district, Rio outlined the framework for the 50/50 royalty-sharing arrangement, which applies to areas where both states claim jurisdiction.
Rio specifically referred to Assam’s initiative to explore crude oil in the Dissoi Valley, known as Tsurang in Nagaland, which lies within the disputed territory.
He stated that the Government of India, the Ministry of Home Affairs, and the Assam government have already conveyed their support for the exploration and exploitation of crude oil in the region.
“In the disputed area, anything extracted will have its royalty shared equally between the two states. Where clarity is lacking, the proceeds will be kept in an escrow account until the matter is resolved,” Rio explained.
The chief minister emphasized the need to assert Nagaland’s stake in the region, stating, “We are the rightful owners, but we must demonstrate our authority. These are disputed areas, and we must take a stand to utilize our resources rather than leave them untapped.”
Rio disclosed that the Nagaland government has deliberated on the issue at the cabinet level and is awaiting a court decision to finalize the ownership of contested territories. While a previous court ruling favored Nagaland, the final judgment is still pending.
Highlighting the immense potential of the region, Rio revealed that the disputed areas are not only rich in petroleum and natural gas but also hold vast deposits of critical minerals such as cobalt and nickel. These resources, essential for modern technology and industries, are valued at billions of dollars.
“Despite our immense wealth, the people of Nagaland remain unaware of it. We are rich, but we have chosen to remain poor. It is up to us to decide whether we want to continue this way or take action,” Rio remarked.
At the inaugural ceremony of the Rs 9.51 crore Sammogooting Stadium, which boasts a seating capacity of 1,000, Rio lauded the facility as a symbol of Nagaland’s commitment to sports and progress.
He noted that the stadium, located in the cosmopolitan district of Chümoukedima, would provide opportunities for people from across the state and beyond.
Rio further emphasized the government’s efforts to replicate such facilities in all districts, aiming to promote sports, foster unity, and contribute to the overall development of the state.
He expressed hope that the stadium would inspire communities and strengthen the bonds of the Naga people.