Group applauds FG's $5bn fine on Shell

Group applauds FG’s $5bn fine on Shell

Following the move by the Nigerian parliament to fine Dutch oil giant, Shell, $5 billion for the Bonga Oil Spill of December 2011, the Council of Ogoni Professionals (COP International, USA) has applauded the development describing it as justice and an awakening from ‘slumber’.
Speaking to the National Assembly on Monday, the National Oil Spill Detection and Response Agency (NOSDRA) said although the Bonga Oil spill was contained offshore, there was serious environmental threat. NOSDRA blamed the spill, estimated at around 40,000 barrels, on a failure in Shell’s oil export hose.