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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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Police intercept bomb-making devices in Kano By Akinola Ajibade


Police have begun investigations in order to determine the owners of the ammunitions, which was intercepted during the week in Kano.

Its spokesman in the state, Abdullahi Kiyawa said that detectives and other investigators have been detailed to commence probing into the carche of arms found in the vehicle seized by recently.

He said, in a statement, that the vehicle is loaded with bomb-making devices and two AK47 rifles in Kano.

He said: " At about 4.30pm on Thursday, the police received intelligence reports that a Mercedes Benz Motor Vehicle, ash in color with suspected sophisticated Improvised Explosive Devices (IEDs) is coming from Jigawa State to Kano State. The  state commissioner of Police,  CP Sama’ila Shu’aibu Dikko,  immediately raised a crack team comprising Explosive Ordnance Disposal – Chemical, Biological Radiological and Nuclear Defence (EOD-CBRN) and Operation Puff Adder.

Adding that: " Following a hot chase, the suspects abandoned the Motor Vehicle at Bubbugaje Quarters Kumbotso LGA Kano State. A technical search conducted by the team revealed that the motor vehicle was fully loaded with Improvised Explosive Device materials.

“Two (2) AK-47 Rifles, Four (4) AK-47 Magazines, One Thousand and Ninety-Eight (1,098) Live Ammunition, and Two (2) Pistol Magazines were also recovered.  

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