Anglo-Dutch oil giant, Shell has reached an agreement to pay $110 million to end its decades-old oil spills dispute in Nigeria.
The money is expected to be paid to communities in the Ogoniland of Nigeria.
The dispute has lasted for the past five decades. It began in 1991.
The long-lasting dispute resulted in the then Nigeria’s then military regime hanging Ken Saro Wiwa and eight other Ogoni activists in 1995 for their activism against Shell.
Shell’s lawyer, Lucius Nwosu, is reported to have announced by phone that the company will pay the $110 million or 45.7 billion to the Ejama-Ebubu people 45.7 billion naira ($111 million) in compensation to end the dispute.
