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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...
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Major shake up hits NPA, as senior managers were redeployed


By Akinola Ajibade


Top management staff of the Nigerian Ports Authority (NPA) are affected in a major shake up, which rocked the nation's sea ports agency recently.

The agency in a statement issued and made available to the News Mirror, said that the  shakeup at the upper echelon of the organization is a part of the goal to reposition the nation’s port system as the preferred cargo destination in Africa.

In the statement, the Managing Director, NPA, Mohammed Bello-Koko has approved the  redeployment of Madubuike E. Ugo (Mrs.), General Manager Monitoring & Regulatory Services, as General Manager Public Private Partnerships (PPP); while Williams E. Idowu (Mrs.), General Manager Public Private Partnerships (PPP) takes over as General Manager Monitoring & Regulatory Services.

Also affected are Engr. Ajibola S. Olagoke, General Manager Administration,  now General Manager Superannuation; Moltok Josephine Adar (Mrs.) General Manager Servicom, moves to Administration whilst Musa Shehu Yaro, General Manager Procurement, now heads the Servicom Unit.

The statement, signed by  Ibrahim Nasiru, the General Manager, Corporate and strategic communications, added that Engr. Ohagwa Anthonia Chinelo, General Manager ICT, moves to Tariff and Billing, while Edosomwan A. Anthony now heads the ICT Department. Mohammed Shehu, General Manager Tariff and Billing, is now the General Manager Procurement, while Khadijat Ife Sheidu-Shabi has been re-designated General Manager Managing Director’s Office/TA Administration.

Umar Abubakar Sadiq, Assistant General Manager, Audit (Policy and Compliance) is now head of Finance and Investment Department, while Felix Onyile Bassey, Assistant General Manager HR Operations reports to the General Manager Administration as Assistant General Manager Administration. Dairo Olusola Olufunke (Mrs.) Assistant General Manager Performance Management is now Assistant General Manager HR Operations.

Engr. Allen Taylor O. Bankole, Assistant General Manager, Electrical and Corrosion, is now to act as General Manager Engineering.

Zhimwan Nansel Audu, Assistant General Manager Corporate & Strategic Communications (C&SC) reports to General Manager PPP as Assistant General Manager PPP (New Business). Alhassan Ismaila Abubakar, Assistant General Manager Operations – TA to MD (Admin) moves to the Abuja Liaison Office as Assistant General Manager.

Engr. Richard Unde Terfa, Assistant General Manager PPP – TA to MD (Engineering) is now Assistant General Manager Facility Management. Pella Naphtali Nafarda, Assistant General Manager Audit (Finance and Investments) moves to Superannuation Department to head the investment portfolio. Engr. Abdul Ibrahim Sani, Assistant General Manager Engineering, is now Assistant General Manager Electrical and Corrosion.

Okeke Angela Uche, Assistant General Manager Investment, reports to the General Manager Audit as Assistant General Manager Audit (Policy and Compliance). Dantiye Zainab Magaji, Assistant General Manager Administration, reports to the General Manager HR as Assistant General Manager Performance Management. Faturoti Adebanjo, Principal Manager Hydrography reports to General Manager Engineering to understudy the Assistant General Manager Hydrography.

Relatedly, two technical assistants (TAs) have been appointed. They are Abubakar Daniya, Senior Manager Accounts, now Executive/Personal Assistant to the Managing Director and Engr. Sadiq Abubakar Lamuwa, Senior Manager Civil Engineering, now Technical Assistant (Engineering) to the Managing Director.

All appointments are with immediate effect, Nasiru said.


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