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Investor Presentaiton

ECOWAS Judgment - a key milestone for all (3) The Court recognized the fact that the Nigerian government's failure to enact effective laws and establish effective institutions to regulate the activities of the companies coupled with its failure to bring perpetrators of pollution to book, amount to a breach of Nigeria's international human rights obligations and commitments. We are rejoicing because for it is the first time that a sanction will be imposed for non-compliance with the judgment of the Court under Article 24 of the Supplementary Protocol of the ECOWAS Court of Justice, and Article 77 of the ECOWAS Treaty. Finally, since a precedent has been set from the ECOWAS court ruling, we were hopeful that the ruling in Nigerian farmers' case against Shell will mark the 2nd joyous moment in the History of the Niger Delta region and the World to hold oil multinationals accountable and for a global environmental responsibility.
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