Nigeria Backs Quick Cleanup of Half Century of Oil Spills
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Nigerian President Muhammadu Buhari said he’s accelerating plans for one of the world’s largest oil cleanups following 50 years of spillage at operations in the Ogoniland region of the Niger Delta.
Buhari on Wednesday approved the composition of a governing council and board of trustees to oversee the restoration plan. A group of “stakeholders” will release as much as $10 million within 30 days of formally creating a trust fund to manage financial contributions, according to an e-mailed statement from the office of the presidency.