January 24th, 2014:
Iran courts western oil majors at Davos
Non-Payment By Shell After Oil Spill Triggers Protests
A number of Ogoni people picketed First Bank in Port Harcourt, Nigeria, on Wednesday (22 January 2014). Their protests aimed at the execution of a judgment of a Federal High Court, which ordered Shell to pay N80. 3 billion to the Ogoni community, in compensation for an oil spill in the area. The protesters required the bank, which is Shell’s guarantor, to fulfil its obligations.
Banking activities at First Bank Area office in Port Harcourt, Rivers State, was disrupted on Wednesday [22 January 2014] as protesting members of Ogoni ethnic group in the state picketed the bank.
The over 1000 protesters picketed the bank to push for the payment of N80.3 billion to Ogoni community by Shell Petroleum Development Company (SPDC) in connection with an oil spill.
A Federal High Court in Port Harcourt had ordered SPDC to pay N80. 3 billion to Ogoni community for the oil spill in the area.