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Shell shells out over Nigeria oil spill

Wednesday, January 07, 2015 - 00:54

Royal Dutch Shell will pay out 55 million pounds in compensation for two oil spills in Nigeria in 2008. As Axel Threlfall reports it's the largest ever out-of-court settlement relating to oil spills in Nigeria.

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Sucking up crude oil in the swamps of the Niger delta. The futile attempt by fishermen to clean up a Shell oil spill in 2010. Five years on, the stricken community can celebrate. Shell has agreed to pay out £55 million in compensation. It's significantly higher than the 4 thousand pounds the oil major initially said it was willing to pay, But it's a fraction of the 300 million pounds originally sought by the Bodo community. The payment will be split, with 35 million pounds shared evenly between the 15,600-strong population. The remaining 20 million pounds set aside for health clinics and schools. The settlement means Shell will avoid defending a potentially embarrassing London high court case. Its Nigerian subsidiary says it will start to clean up the Bodo fishing grounds "within months".

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Shell shells out over Nigeria oil spill

Wednesday, January 07, 2015 - 00:54