Categories: Business

Court orders Shell to pay Ogoni N45.9bn within 21 days

An Abuja federal high court has ordered Shell Petroleum Company to pay N45.9 billion to the people of Ogoni in Rivers State.

Justice Ahmed Mohammed awarded the sum against the company for oil spillage in Ogoniland, adding that the money must be paid within 21 days.

Though Justice Ibrahim Buba of the then Port-Harcourt division of the federal high court awarded N17 billion as compensation to Ogoni people in June 2010 and equally granted the Ogoni chiefs a 25-percent interest charge on the principal sum of about N17 billion, SPDC appealed against the judgment up to the Supreme Court and lost.

After the company approached the apex court seeking a review of the judgment debt in 2020, a five-member panel led by Justice Olabode Rhodes- Vivour, dismissed its application in November 2020 on grounds of lacking merit.

While the lead counsel to the Ogoni communities Lucius Nwosu noted that the judgement sum, with the accrued interests stood at about N182 billion, Ejelamo at the resumed court session on Wednesday August 11, sought the court’s permission to pay the debt through the chief registrar of the court in a bank account to be opened for the purpose.

It was eventually agreed that the amount is to be paid to the aggrieved people through their lawyer, as the communities waived the interest on the principal amount as concession agreed upon during reconciliation.

Trends Admin

Recent Posts

Updated: Reps condemn assault on Nasarawa female doctor by patient family

Updated: Reps condemn assault on Nasarawa female doctor by patient family  The House of Representatives…

10 hours ago

Ajaero asks Abure to resign if he must forgive him

Ajaero asks Abure to resign if he must forgive him The Nigeria Labour Congress (NLC) on…

11 hours ago

My husband sold our TV to gamble, woman tells court

My husband sold our TV to gamble, woman tells court A housewife, Muinat Ibrahim, on Thursday,…

11 hours ago

7 more kidnapped Kogi varsity students rescued

7 more kidnapped Kogi varsity students rescued The Kogi State Police Command has reported the…

11 hours ago

UK says it’s developing radio frequency to blast out drones

UK says it's developing radio frequency to blast out drones The United Kingdom is making strides in…

11 hours ago

Portable out with new song after leaving police custody

Portable out with new song after leaving police custody Controversial singer, Habeeb Okikiola, popularly known as…

11 hours ago