A court in the oil rich Rivers state in Nigeria has ordered the Nigerian subsidiary of Anglo-Dutch oil giant Shell Petroleum Development Company (SPDC) to forfeit a key land to the indigenes, after the oil firm obtained a Certificate of Occupancy (C of O) to the land from the state government, without the knowledge of the indigenes, the local media reported Wednesday. The ruling by Justice M.O. Opara of the Rivers state high court sitting in Bori meant that Shell will forfeit to the indigenes of the area (people of Bonny) its Bonny terminal, which houses its oil tank farm with a storage facility of over 12 million barrels of crude oil, a landing pad for helicopters, an indoor berthing facility for six ocean-going tankers, an expatriate club and residential quarters, among others. Full Story
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