The Greentree Agreement of 2006 between Cameroon and Nigeria ended the conflict over the ownership of the oil and fish rich Bakassi Peninsula in favor of Cameroon and created problems for the relocated and resettled Nigerians. This article argues that contrary to the generally accepted theory by many scholars that heritage values are often the concern of displaced persons, we found that practical economic needs and the desire for functional participation in governance of those relocated in New Bakassi have been the main problems of the displacees leading to an indigenousincomer divide that could generate a crisis that may degenerate into intractable conflict. The study reveals that due to government insensitivity and corruption, proper resettlement for Bakassi returnees is yet to be addressed.