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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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Civil Servant Bags 7 years over employment scam

A convict
By Akinola Ajibade

A public office holder  in the Office of the Head of Civil Service for the Federation, Mr Amdii Monday Gideon has been sentenced to seven-years  imprisonment over his involvement in employment scams.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) secured a jail term for him for engaging in scam and related criminal activities. 

The convict was accused of demanding the sum of N250,000 and receiving the sum of N162,500 from an applicant with the promise to procure a job for him at the Federal Civil Service Commission.

The victim had reported the matter to ICPC after the convict failed to procure the said job and refused to refund his money.

ICPC's Spokesman, Mrs.Azuka Ogugua, in a statement issued and sent to the media, said during the trial, counsel to ICPC, Michael Adesola, had in a 5-count charge told the court of how the action of the convict negates sections 8 and 10 of the Corrupt Practices and Other Related Offences Act 2000 and Section 1 (3) of the Advanced Fee Fraud and Other Related Offences Act 2006.

The charge reads in part: “That You Amdii Monday Gideon (M) on or about the month of June 2015 at Abuja Federal Capital Territory while being a Public Officer at Registry Unit of the Permanent Secretary (Special Duties) office of the Head of Civil Service of the Federation corruptly asks for the sum of N162,500.00 (One hundred and sixty two thousand five hundred naira) from (name withheld) to secure a job for him and you thereby committed an offence contrary to section 8(1)(a) and punishable under section 8(1)(ii) of the Corrupt Practices and Other Related Offence Act 2000.”

The prosecution was able to prove its case beyond reasonable doubt which formed the premise upon which the Court found Mr. Monday guilty of the charges against him.

He was convicted and sentenced to seven years imprisonment without an option of fine.

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