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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...

2023: Kalu advocates slot for South-East


By Akinola Ajibade 

The Chief Whip of the Senate,. Orji Kalu, says he would not contest for the office of the President, once the major political parties zone their tickets to the South-Eastern part of Nigeria. 

In a statement issued yesterday ( Tuesday) in Abuja and made available to News Mirror',  said that it was his desire and intention to run for the Presidency.

According to him, I am committed to this pursuit, but I can’t make an official declaration to this regard without the full support of other regions.

He said: " Everywhere in the world, politics is situational and that of Nigeria is exceptionally situational. The situation in Nigeria is that without the support of other regions, it would amount to a shadow chase for a South Easterner to be President.

Adding that: " This is the reason I have been in the frontline of the call that the two major political parties, the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) should zone their presidential tickets to the South- East as they did for the South-West in 1999.In the absence of this zoning, I shall return to the Senate and stay away from the presidential contest,’’ 

The former two-,time governor of Abia State,said that he was shocked seeing the  number of aspirants coming from the South-West and the South-South.

“It is embarrassing that these aspirants (APC and PDP) have no single respect and concern for the South-East. I had thought they would think about the South-East; I thought they would support us. The amount of money being spent by these aspirants is alarming and they have forgotten that money alone cannot buy the Presidency.

“It has become a joke to an ordinary Nigerian who hears Southern commentators and aspirants rooting for a Southern President on the premise of fairness, equity and justice,’’ Kalu said. 

He further said that if there was anything like “fairness”, “equity” and “justice”, it should be the entire South pushing for a president of South-East extraction.

According to him, anything less than that is “hypocritical”, “unjustifiable” and “inordinate.”

He expressed disappointment over the inordinate ambitions of some politicians that were eyeing Presidency in Nigeria, stressing that their wish might not be that of God.

“Some ‘persons’ are even claiming God’s anointed choice in 2023. Unfortunately, it is not all prayers that God answers; at least not inordinate ones What moral justification does a Southerner who refused to be fair to his brothers have against a Northerner running for president? he said.


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