Skip to main content

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...
Post a Comment

ASUU"s strike action is worrisome,says CDHR

By Akinola Ajibade

The Committee for the Defence of Human Rights (CDHR) has expressed concerns over the lingering strike actions embarked upon by the Academic Staff Union of Universities (ASUU), describing the issue as worrisome in the Nigeria''s education system 

The body, however,  urged the federal government to put an end to the action without unnecessary delay.

CDHR’s concerns is contained in a communique, signed by the National Publicity Secretary of the committee, Comrade Idris Afees Olayinka and  made available to National Association of Online Security Reporters (NAOSRE) in Lagos.

The communique read in part: “The incessant shutting down of Nigerian University System is not only killing the nation’s education quality and standard but also crippling the nation’s growth and development.

“It is no more news that the Academic Staff Union of Universities poised in raising the standard of nation’s education and making it a reference point, engaged the federal government of Nigeria through incessant and perennial industrial actions to press home the union’s demands.

“The ASUU’s protracted industrial actions cripple not only the education system of the country but different sectors of the economy with great consequences on the larger society. These industrial actions on many occasions have led to students’ loss of interest in education, poor academic performance, unstable academic calendar, unnecessary time extension, more cost on the part of students and parents among others.

“In line with the above, the Committee for the Defence of Human frowns at the government insensitivity to the ASUU’s demands over the years. It is therefore imperative for the federal government of Nigeria as a matter of urgency to address the lingering issues raised by the union and put an end to their action.

“All agreements and recommendations since 2009 and beyond must be respected and implemented. Additionally, UNESCO recommendation of 26% annual budgetary allocation to Education should be considered without further delay.”

According to statement, if no critical step is taken towards addressing the issue. CDHR will have no option but to mobilize mass actions against the federal government of Nigeria. The committee noted that the action is not to destabilize the political system but to put the government on its toes to address the agitations of the union.

In the same vein, CDHR condemned the continued disruption of academic calendar in government institutions and the apathetic attitude of political office holders, who are busy buying exorbitant nomination forms valued at N100m each, while the nation’s education sector and the economy at large are gasping for breath.

“The Federal Ministry of Education, National University Commission, Federal Ministry of Labour and Productivity and other stakeholders in Nigerian Education sector should put heads together to resolved these lingering crisis as well as preventing it’s future occurrence. The cause ASUU champions is a patriotic one.

“The federal government should expect mass actions from coalition of rights groups, labour unions and other NGOs in the event it fails to address permanently the perennial ASUU crisis.” The statement further read.

Comments

Post a Comment

Popular posts from this blog

'Nigeria Needs Carbon Emission Reduction To Diversify Energy Portfolio'

SNEPCo Wins Awards  By Favour & Akinola Ajibade Nigeria will be able to reduce carbon emission caused by fossil fuels production, once its  renewable energy portfolio, is diversified, Shell Nigeria Exploration and Production Company (SNEPCo) Managing Director Mrs, Elohor Aiboni has said.  According to her, Nigeria would meet the energy needs of its growing population of over 200 million people, once it encourages Public-Private Partnerships in renewable energy, adding that the development would enable her to overcome high investment costs and limited access to financing. She spoke in Lagos, during the 41st annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE). The event was organised for her and  other senior officials of the company.  SNEPCo's Managing Director, Alboni  At the event are officials of SCiN) and their various awards. There,SCiN won the Best Exhibitor and Plat...
Post a Comment
Read more

SHELL PHOTOSTORY-2 ( LAKOWE GOLF COURSE, LAGOS

L-R: General Manager, Safety and Environment, Shell Nigeria, Elozino Olaniyan; Vice President Midstream, Henry Bristol; former Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Chike Onyejekwe; SNEPCo Managing Director, Elohor Aiboni and Shell Nigeria Vice President, Human Resources, Olukayode Ogunleye, at the Golf Kitty retreat organised for serving and retired leaders of Shell Nigeria at the Lakowe Golf Course, Lagos… recently. A cross section of serving and retired leaders of Shell Nigeria at the Shell Nigeria Golf Kitty Retreat held at Lakowe Golf Course, Lagos… recently.    
Post a Comment
Read more

NUPRC Is Not Leaving Abuja As Erroneously Speculated

By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas, supervising operations being carried out under licenses and leases, monitoring operations to ensure that they are in line with national goals and aspirations – the Nigerian Upstream Regulatory Commission, NUPRC, occupies a very influential position in Nigeria’s oil and gas industry. The NUPRC also has the mandate to monitor operations to ensure that they are in line with national goals and aspirations, including those relating to Natural Gas Flare elimination & monetization, Domestic Gas Delivery Obligations and Domestic crude oil supply obligations and ensures that Health Safety& Environmental regulations conform to national and international best oil field practice. The agency fu...
Post a Comment
Read more