The Federal High Court in Abuja has ordered the Central Bank of Nigeria to pay a judgment sum and interest of N182.7bn to Ogoni community from the account of First Bank of Nigeria.
FBN manages the account of Shell Petroleum Development Company which the court compelled to pay the sum for causing damage to the community and its environs as a result of oil spillage.
He said the ruling was in satisfaction of the judgment debt in Suit No. FHC/PH/CS/231/2001 : Chief Isaac Osaro Agbara and five others vs CBN and two others as well as Suit No: FHC/ABJ/CS/562/19 2/: Agbara and two others, vs the Shell Petroleum Development Company of Nigeria Limited and others. The plaintiffs alleged that it was the same case that led to the Ogoni struggle championed by the late Mr. Ken Saro Wiwa.
The court equally granted the Ogoni chiefs 25 per cent interest charge on the principal sum of about N17bn.
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