The Shell Petroleum Development Company (SPDC) has agreed to pay the N45.9 billion awarded to the Ogoni people of Rivers state as compensation for oil spills in their communities.
The amount was awarded in favour of Ogoni people by Justice Ibrahim Buba of the Lagos division of the Federal High court on June 14, 2010 in his judgment in a suit filed by the Ogoni people.
Shell Petroleum Company through its lawyer, Chief A. O Ejelamo, a Senior Advocate of Nigeria announced the decision to pay up the money while addressing Justice Ahmed Ramat Mohammed of the Federal High Court Abuja on Wednesday.
The senior lawyer sought order of Justice Mohammed to permit payment of the debt through the Chief Registrar of the court in a bank account to be opened for the purpose.
Details Later….
