Nigeria: Shell Profits Won't Count the True Cost of Niger Delta Oil Spills

press release

Decades of unchecked Niger Delta oil spills could cost Royal Dutch Shell billions in compensation and clean-up costs, Amnesty International warned investors as the Anglo-Dutch oil giant publishes its profits figures for the first quarter of 2015.

The United Nations Environment Programme estimated that £650 million ($1 billion) is needed for the first five years of oil clean-up for Ogoniland, just one Nigerian region where Shell operates. It projected that cleaning up oil pollution in the area could be a 30-year operation.

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