LAGOS, Aug 12 ― Oil major Shell will pay a Nigerian community 45.9 billion naira (RM473.6 million) to settle a case over an oil spill that took place more than 50 years ago, a spokesman said on Wednesday. The company will pay the Ejama-Ebubu community in Nigeria’s Ogoniland the “full and...
LAGOS, Aug 12 ― Oil major Shell will pay a Nigerian community 45.9 billion naira to settle a case over an oil spill that took place more than 50 years ago, a spokesman said on Wednesday.
Nigeria’s Supreme Court in November last year denied Shell’s bid to challenge a 2010 award of 17 billion naira, that with accruing interest the community had said was worth more than 180 billion naira.
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