Royal Dutch Shell Plc’s Nigerian unit agreed to pay a community in the West African country more than $111 million (€94,9 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 45.9 billion naira ($111.68 million) in compensation to put an end to a legal case that began in 1991, the community’s lawyer Lucius Nwosu said by phone. Shell approached a court in Abuja, Nigeria’s capital, on Wednesday to disclose the development, he said.
SHELL-OILSPILL/ REUTERS/Tife Owolabi
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