FG Vs Shell Suit

Nigerian courts have adjourned until December 8 a suit against Shell’s Nigerian subsidiary SPDC over claims that the company owes money for allegedly not declaring exports of crude oil, Reuters reports.

The Nigerian government said it is owed a total of $12.7 billion by more than a dozen companies for......
allegedly not declaring exports of crude oil to the United States between 2011 and 2014. The amount it is seeking from Shell was not immediately clear.

Shell said SPDC was served with the lawsuit in March, and that it “refutes every allegation and insinuation of impropriety.” U.S. oil company Chevron, France’s Total and Italy’s ENI have also previously been named as defendants.

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