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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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Global population to hit 8b soon

By Akinola Ajibade



The world population is expected to reach eight (8) billion in the next four months, precisely November 15, 2022.

This implies that countries( developed and developing) are going to double the  production of goods and services to meet the yearnings of people across the world or else problems of greater magnitudes would arrive.

The United Nations Department of Economic and Social Affairs, realeased this figures yesterday, while marking the World Population Day. 

The body said that the issue calls for celebration, as it would enable the world to proffer solutions to myriad of problems facing humanity.

It said:”The challenges facing humanity are many, ranging from climate change, conflict and pandemics also referred to as COVID-19.These issues are disproportionately affecting the most marginalized and vulnerable among us. To date, millions continue to live in poverty and suffer from hunger and malnutrition, do not have access to healthcare and social protection, and are unable to complete quality primary and secondary education.

Adding that: “Women around the world are still denied the fundamental right to make decisions over their bodies and futures, and we are seeing a worrying roll-back of progress on women’s rights in many countries. Despite these challenges, the story behind 8 billion and how we’ve got here is a story of triumph.

“We have reduced poverty and achieved remarkable advancements in healthcare. There are more of us humans than ever before due, in part, to increasing life expectancy and declining infant and maternal mortality.

“This is a success story, not a doomsday scenario. Our world, despite its challenges, is one where higher shares of people are educated and live healthier lives than at any previous point in history,” said UNFPA Executive Director Dr. Natalia Kanem.

“Focusing exclusively on population totals and growth rates misses the point – and often leads to coercive and counter-productive measures and the erosion of human rights.

“In fact, people are the solution, not the problem. Experience shows that investing in people, in their rights and choices, is the path to peaceful, prosperous and sustainable societies.”

He assured that UNFPA would work with other partners and communities to harness the power of 8billion population.

“As we approach November 2022, UNFPA will work with our partners and communities to harness the power of 8 billion as part of our mission to achieve the goals set out in the ICPD Programme of Action back in 1994. By protecting the rights and choices of all people to live healthy, empowered lives, humanity holds the key to unleashing the unlimited potential of people around the world to address the challenges threatening their societies and the global problems imperiling us all.

“We are not on this journey alone – there are many examples of solidarity and individual heroism, and we must all work together to address poverty, discrimination, violence and exclusion and other barriers that are denying millions of people around the world their rights and choices. This moment calls for both vision and action. Governments can pursue people-centred population policies with sexual and reproductive health and rights at their core.

“The private sector can develop creative solutions, harnessing the power of innovation and technology for the global good. Artists and creative people around the world can apply their ingenuity and talent to inspire us and help us imagine the promise that a world of 8 billion people offers.Collectively, we represent infinite possibilities for action, growth and change.

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