And though oil price has since gone far above $20, there has been no review. So, in 2016, the three states took the FG to court through the Attorney General of the Federation, challenging the non-implementation of the contract agreement and won. All parties involved agreed amicably on mode of settlement, but sources close to The Guardian said: “the implementation of that Supreme Court judgment is being continually frustrated by NNPC and the Ministry of Petroleum. It said since the nation did not take advantage of the right as that time; it had lost the right to ask. NNPC’s decision to withhold this vital information and data from the technical committee is a direct act of sabotage against national interest…”

Source: The Guardian January 27, 2019 04:07 UTC