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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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Five in custody for drug related offences . By Akinola Ajibade

No fewer than five employees of the Ngerian Aviation Handling Company Plc (NAHCO) and a staff of Skyway Aviation Handling Company Plc (SAHCO) are going to be remanded for allegedly conspiring to import 886. 85 kilograms of Tramadol.

The NACHO officials, who were arraigned by the National Law Efforcement Angenvy( NDLEA) on Thursday are ; Yunana Fidelis, Nyam Gazu Alex, Fasoranti Shola, Adesanwo Temitope and Owoseni Taiwo Temidayo. While the SAHCO staff arraigned with them is, Ifijeh John Mowa.

They would remain in the Nigerian Correctional Centre pending the determination of their bsil request, which was fixed for May 19 by the presiding judge  Justice Lewis Allagoa.

Specifically,the anti-narcotic agency slammed the defendants with five count charge  of conspiracy, unlawful possession and transportation of the said prohibited narcotic analgesic.

NDLEA prosecutor, Mr. Abu Ibrahim,  told the court that the first defendant, Yunana Fidelis, on March 14, 2022, at the Murtala Muhammed International Airport, Ikeja, Lagos, conspired with one Offor Chukwudi Benjamin (now at large) of M/S A MARC International Limited of No. 201 Idris Lawal Way Amukoko, Lagos, to import the said prohibited narcotic analgesic.

He also told the court that all the defendants unlawfully possessed and transported the said 886.85 kilograms of Tramadol, a Narcotic Analgesic from the E-Arrival wing of the Murtala Muhammed International Airport, Ikeja-Lagos to the Personnel Area of the said Airport.

He added that  the court that the offences committed by all the defendants, contrary to sections 14 (b); 20 (1)(a); 20 (1) (c)of the National Drug Law Enforcement Agency Cap. N30, Laws of the Federation of Nigeria, 2004 and punishable under Section 20 (2) (a) of the said Act

All the defendants pleaded not guilty to the charges.

The prosecutor, Mr. Ibrahim prayed  the court for a trial date, as well urged the court to remand them in the custody of the Nigerian Correctional Services (NCoS), till the determination of the charges against them.

Counsel  to the defendants, Mr. Benson Ndakara and S. O. Salawu, told the court that they have filed their clients’ bail applications and same have been served on the prosecutor.

Ndakara and Salawu,prayed the court to admit their clients to bail in the most in the most liberal terms.

Urging the court to decline  the defendants’ bail applications, the prosecutor told the court that the first defendant, Yunana Fidelis, acted in connivance with Chukwudi Benjamin, who is facing another trial before Justice Abimbola Awogboro, for unlawful importation of 156 kilograms of Tramadol.

The prosecutor told the court that the said Benjamin has now jump bail and failed to turn up for trial.

He also told the court that the first defendant, after committed the offence, ran to another part of the country, but was later arrested when he was called to come and collect money for the job he did.


 

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