Real pathetic Story: FG through NNPC in 1993 signed offshore Production Sharing Contract (PSCs) with 6 oil companies. The contract stipulates that under the JV, profit sharing formula will be reviewed once prices of oil rise above $20 per barrel. 
2. Since 1998, the prices of oil has gone far above the $20. It even reached $120 or more at some point in between 2013-2014. Some people ran this country from 1998. They knew the country should get more money but chose to look the other way, apparently, in cahoots with the IOCs
3. This country was gang raped while d oil companies went away with billions of dollars that should benefit Nigeria. Now, the current govt is demanding the oil companies must pay $62billion in arrears.
4. which is the amount of money the Nigerian government should have earned above $20 per barrel. The Government is in court with the 6 oil companies to get them to pay. oil companies too are saying yes, we should pay above $20 per barrel since 1998 but we are not liable to pay
5. since Nigeria slept on her own rights for almost 20years. The Oil companies are simply telling the FG that we are not the one who made you forget your right for 20years and you can not be asking us to pay now having, wilfully, forgotten your right to the money since 1998.
6. From P&ID and other designed-to-fail projects over the years, this is how those entrusted with the material well-being of Nigeria have connived with local and foreign interests against the best interest of our country.
7. Support this govt and put pressure on oil companies to pay us as we agreed . We have a leader now that could confront this oil majors . If we can get the money, it will be shared to all tiers of govt . No be only APC, PDP states will also benefit
