Royal Dutch Shell, its Nigerian unit agreed to pay communities in Ogoni land more than $110 million to resolve a long-running dispute over an oil spill that occurred more than 50 years ago.
The Anglo-Dutch energy giant will pay the Ejama-Ebubu people N45.7 billion naira ($110.9 million) in compensation to put an end to a legal case that began in 1991, the community’s lawyer Lucius Nwosu said.
The monetary compensation, which was ordered by a Federal High Court in Lagos about 10 years ago, is to be paid to the affected communities through their lawyer, Nwosu
Shell approached an Abuja Federal High Court in Abuja, Nigeria’s capital, on Wednesday to disclose the development, he said.
SPDCN’s lawyer, Aham Ejelamo told the Court that his client has resolved to pay the money.
Ejelamo had earlier urged the court to direct that the money be paid through the Chief Registrar of the court in a bank account to be opened for the purpose.
It was later agreed that the money be paid to the affected communities through their lawyer, Nwosu.
The judge, Justice Ahmed Mohammed proceeded to make an order endorsing the payment by SDPCN.
The money was awarded as damages against SPDCN in favour of the Ogoni communities on June 14. 2010 by Justice Ibrahim Buba (then of the Federal High Court, Lagos) in a suit by the representatives of the communities, led by Chief Isaac Osaro Agbara and nine others.