Shell Will Pay $111 Million to End Nigerian Oil-Spill Case – Bloomberg

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Royal Dutch Shell Plc’s Nigerian unit agreed to pay a local community $111 million to resolve a long-running dispute over an oil spill that occurred more than half a century ago.
The Anglo-Dutch energy giant will pay the Ejama-Ebubu people 45.7 billion naira ($111 million) in compensation to end a legal case that began in 1991, the community’s lawyer, Lucius Nwosu, said by phone. Shell approached a Nigerian court on Wednesday to disclose the development, he said.


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