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Akwa Ibom Community Sets up 15-man Committee for N82bn Oil Spill Judgment Funds


Okon Bassey in Uyo
The people of oil-rich Ibeno community in Akwa Ibom State have set up a-15 man oil spill management committee to ensure proper utilisation of the expected N81.9 billion oil spill judgment funds.
The Federal High Court in Abuja had in a judgment debt in June 2021 ordered Mobil Producing Nigeria Unlimited (MPNU) and the Nigerian National Petroleum Corporation (NNPC) to pay the judgment debt to Ibeno community within 14 days, failure of which eight percent interest would be accruable on the principal sum annually.
The 15-man committee was set up during an emergency town hall meeting with stakeholders of Ibeno community held at the weekend at the palace of the paramount ruler, HRM Owong Effiong Bassey Archianga. ....

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ERA/FoEN urges Mobil to obey judgment on N81.9b for oil spill


Oil spill. PHOTO: aljazeera.com
The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has urged ExxonMobil Producing Nigeria Unlimited to comply with the Federal High Court judgment, which ordered it to pay communities in Ibeno Council of Akwa Ibom State N81.9 billion compensation for oil spills.
In the ruling, the Federal High Court sitting in Abuja, gave ExxonMobil and the Nigerian National Petroleum Corporation (NNPC) 14 days to pay N81.9 billion to the impacted communities.
The affected communities had sued ExxonMobil and NNPC, demanding compensation for oil spills that destroyed their rivers, streams and other sources of livelihoods. ....

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