Showing posts with label Houston. Show all posts
Showing posts with label Houston. Show all posts

Tuesday, 22 October 2013

N26.5Bn Oil Spill Compensation: Eket Community Issues 7-day Ultimatum to Mobil

N26.5Bn Oil Spill Compensation: Eket Community Issues 7-day Ultimatum to Mobil
 
A seven day ultimatum has been issued to authorities of ExxonMobil by Stakeholders in Eket Federal Constituency for the full payments of N26.5bn to the four oil producing local governments as compensation or risk mass protest and action.

Arising from a meeting in Eket, the communities under the aegis of Eket Federal Constituency Vanguard said it was absurd that the multinational oil firm could renege on her earlier stand by offering a paltry N2.6bn which is grossly inadequate for damages caused by the 400,000 barrels of crude oil spillage of November, 2012 which resulted in mayhem on the economic lives of the coastal communities.