Skip to main content

Why are the billionaires always laughing?

Because they know the corporate media will never call bullshit on their bullshit.

Why are the billionaires laughing?

It’s easy to laugh when the corporate press treats you as a glorious success instead of the epitome of a broken social order. Billionaires laugh because they know the corporate media prefers to fawn over them rather than hold them to account.

Today, we ask you to support our nonprofit, independent journalism because we are not impressed by billionaires flying into space, their corporations despoiling our health and planet, or their vast fortunes safely concealed in tax havens across the globe. We are not laughing.

We are hard at work producing journalism for the common good. With our Fall Campaign underway, please support this mission today. We cannot do it without you.

Support Our Work -- Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Every donation—large or small—helps us bring you the news that matters.

Nigeria oil pollution

An indigene of Bodo, Ogoniland region in Rivers State, tries to separate with a stick crude oil from water in a boat in waterways polluted by oil spills attributed to Shell equipment failure on August 11, 2011. (Photo: Pius Utomi Ekpei/AFP via Getty Images)

After Decades, Oil Giant Shell Agrees to Pay $111 Million for Destruction in Nigeria

"It has opened the floodgate for more communities in the Niger Delta to seek redress for the environmental monstrosity that has devastated them in the past 50 years."

Jessica Corbett

Following decades of protests and demands over the damage done, Royal Dutch Shell on Wednesday finally agreed to pay $111 million for oil spills that have polluted Nigerian communities for more than a half-century.

"They ran out of tricks and decided to come to terms."
—Lucius Nwosa, lawyer for Ejama-Ebubu community

"They ran out of tricks and decided to come to terms," Lucius Nwosa, a lawyer representing a lawyer for the Ejama-Ebubu community in Ogoniland, Rivers State, told Agence-France Presse. "The decision is a vindication of the resoluteness of the community for justice."

A spokesperson for the oil giant's Nigerian subsidiary, Shell Petroleum Development Company of Nigeria, said that "the order for the payment... to the claimants is for full and final satisfaction of the judgment."

The case dates back to 1991. A Nigerian court ordered Shell to compensate the Ejama-Ebubu people in 2010, which the company repeatedly appealed, unsuccessfully.

After losing its appeals, Shell initiated arbitration proceedings against the Nigerian government at the World Bank's International Center for Settlement of Investment Disputes in February. Bloomberg reports that the company has not said whether it will now withdraw the claim.

Shell plans to pay out the $111 million within the next three weeks. While the settlement was seen by some as a bit of justice, it is a relatively small amount of money for an oil giant whose reported adjusted earnings for 2020 were $4.85 billion. The previous year, before the coronavirus pandemic, the British-Dutch multinational saw a profit of $16.5 billion.

Although Shell continues to blame "third parties" for the oil spills during a civil war in Nigeria, the Movement for the Survival of the Ogoni People (MOSOP) said that the settlement "is a confirmation of the issues we have raised about Shell's environmental devastation of Ogoni and the need for a proper remediation of the land."

According to German broadcaster Deutsche Welle:

Ogoni environmental activist Nnimmo Bassey... lauded the people affected by the oil spills for being "very persistent" in their case against Shell. "The extent of pollution in the Niger Delta is massive and having to wait for 30 years before the case is ended has tried the patience of the people. We really have to applaud the people for this."

Niger Delta environmental rights campaigner Kentebe Eberiado said he saw the outcome of the case as a "wake-up call" for multinationals. "It has opened the floodgate for more communities in the Niger Delta to seek redress for the environmental monstrosity that has devastated them in the past 50 years," he told DW.

The BBC noted that "earlier this year, in a separate case, a Dutch appeals court ruled that Shell's Nigerian branch was responsible for damage caused by leaks in the Niger Delta from 2004 to 2007."

The settlement news comes as Shell also faces global criticism for its contributions to the climate emergency. In a May decision that campaigners hailed as a "landslide victory for climate justice" that could also lead to similar rulings around the world, a Dutch court ordered the company to cut its carbon emissions 45% by 2030, compared with 2019 levels.

Shell confirmed its intention to appeal that order last month. In response, Friends of the Earth International climate justice and energy coordinator Sara Shaw said that "Shell should not waste time in appealing: history, science, and justice are on our side. There is no time to waste in tackling the climate crisis."


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

New Whistleblower Sparks Calls to 'Crack Down on Facebook and All Big Tech Companies'

Hours after another ex-employee filed a formal complaint, reporting broke on internal documents that show the tech giant's failure to address concerns about content related to the 2020 U.S. election.

Jessica Corbett ·


'Catastrophic and Irreparable Harm' to Wolves Averted as Wisconsin Judge Cancels Hunt

"We are heartened by this rare instance of reason and democracy prevailing in state wolf policy," said one conservation expert.

Brett Wilkins ·


West Virginia Constituents Decry 'Immorality' of Joe Manchin

"West Virginia has been locked into an economy that forces workers into low-wage jobs with no hope for advancement, and after decades of this our hope is dwindling," said one West Virginian. "The cuts that Sen. Manchin has negotiated into the agenda hurt our state."

Julia Conley ·


'Texans Deserved Better Than This': Supreme Court Leaves Abortion Ban in Place

The nation's high court set a date to hear a pair of legal challenges to the "horrific" restrictions.

Jessica Corbett ·


'Like It Never Happened': Federal Judge Tosses Trump Attack on Clean Water Rule

Denying a Biden administration request to temporarily retain the rule, the judge reestablished "the careful balance of state and federal power to protect clean water that Congress intended when it wrote the Clean Water Act."

Brett Wilkins ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.


Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo