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Nigeria: Fishermen reject Shell's $50 million oil spill payout

June 24, 2014 - 6:00am


Lawyers said that Nigerian fishermen have rejected a $50 million offer from Royal Dutch Shell P.L.C. for "some of the largest oil spills in history," The Associated Press reported.

The London High Court ruled that Shell can be legally liable for spills caused by oil thefts, if it fails to protect its pipeline infrastructure.

Amnesty International said the ruling "paves the way for Shell to finally be held accountable for devastating oil pollution in the Niger Delta."

Recent figures revealed that around $35 million worth of oil is stolen daily in Nigeria.

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