Shell appeals judgment over Bonny Island Terminal land title

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EVENTUALLY waking up to the realities arising from the global recession that a countries economy can boom if its housing sector remains strong, the nation’s engineering community has advocated for the ban of imported building materials and funding for the Nigerian Building and Roads Research Institute (NBRRI).

Bonny-island_09-05-11FOLLOWING a Court of Appeal judgment that nullified its land title, Shell Petroleum Development Company (SPDC) has appealed to the Supreme Court of Nigeria for reversal of the judgment on the disputed Bonny Island Terminal property.

The appeal is mainly urging the apex’s court to hold that the disputed landed property on which the terminal is located is its legal property.

A senior counsel in the chambers of Afe Babalola, representing the leading Dutch oil firm in Nigeria, confirmed to The Guardian that the firm had rejected the verdict and consequently appealed to the Supreme Court.