Thursday 22 September 2016

$12BN ILLEGAL OIL EXPORTS: COURT TO HEAR FG’S SUIT AGAINST CHEVRON, SHELL, TOTAL, OTHERS SEPT 30

A Federal High Court in Lagos will on September 30, 2016 hear the suit filed by the federal government against Nigerian subsidiaries of United States multinational Chevron, British-Dutch Shell, Italian ENI’s Agip, France’s Total and Brasoil of Brazilian Petrobas.
 
The government had filed the suit against the oil companies for $12.7 billion of crude oil that was allegedly exported illegally to the US between 2011 and 2014.
 

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