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Shell to pay $111 million over decades-old Nigerian oil spill

Shell to pay $111 million over decades-old Nigerian oil spill

LAGOS, Aug 11 (Reuters) – Oil major Shell (RDSa.L) will pay a Nigerian community 45.9 billion naira ($111.68 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 final settlement” to end the case over a spill that took place during the 1967-70 Biafran war.

Shell has said it never got a chance to defend itself against the substance of the claims, and early this year initiated international arbitration against Nigeria over the case. read more

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