Home » Headlines, Niger Delta, Rivers, State News » Ogoni people picket First Bank over N80.3bn compensation

Ogoni people picket First Bank over N80.3bn compensation

Some members of the Ogoni community in Rivers on Wednesday picketed the First Bank Area Office in Port Harcourt, Rivers State.

The News Agency of Nigeria reports that no fewer than 1,000 protesters converged on the bank thereby disrupting transactions by other customers.

Chief Simeon Monokpo, the leader of the group, said, “our protest is in respect of N80.3 billion judgment against Shell and its guarantor – First Bank.

“The money was supposed to be paid by Shell Petroleum Development Company, in connection with the oil spill in the area.”

The oil spill occurred 20 years ago at Ebubu village in Eleme Local Government Area.

Monokpo said the money was expected to be deposited with the bank by SPDC while its appeal went on, but the appeal failed.

“So, we are demanding that the guarantor should pay us the money.”

A Federal High Court in Port Harcourt had ordered SPDC to pay N80.3billion to Ogoni community as compensation for damages caused by the oil spill.

“We are saying that First Bank should wire that money into Barrister Henry Nwaosu, our client’s bank account number.

“The court order we got on Thursday directed First Bank to pay us forthwith,” Monokpo said.

Monokpo emphasised that the picketing would not only continue, but would be extended to all the branches of the bank in Rivers if the money was not paid immediately.

“We shall extend this protest to all First Bank branches in the state if we are not paid; they will not operate until they pay us,” he said.

The protesters deposited a white coffin bearing live chick and a bottle of Fanta on top, signifying burial.

The locked gates were sealed with fresh palm fronds.

Monokpo said the gods in the community were annoyed with SPDC’s conduct in Ogoni land.

-Punchwp_posts

Related Posts

Website Pin Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google StumbleUpon Premium Responsive

Short URL: https://newnigerianpolitics.com/?p=35219

Posted by on Jan 22 2014. Filed under Headlines, Niger Delta, Rivers, State News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Headlines

Browse National Politics

Featuring Top 5/1413 of National Politics

Subscribe

Read more

Browse Today’s Politics

Featuring Top 5/45 of Today's Politics

Browse NNP Columnists

Featuring Top 10/1568 of NNP Columnists

Browse Africa & World Politics

Featuring Top 5/2411 of Africa & World Politics

Subscribe

Read more

ADVERTISEMENT

Categories

FEATURED VIDEOS

Advertisements

ARCHIVES

February 2025
S M T W T F S
 1
2345678
9101112131415
16171819202122
232425262728  

© 2025 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes