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...

NDLEA nabs drug pushers in Kaduna, Enugu, Lagos

NDLEA intercepts 1.1m Tramadol tabs in Kaduna, others Lagos, Kano

By Akinola Ajibade



Three suspects were cooling their feet in the police custody for being in possession of 1. 1 million tablets of Tramadol ( 225mg and 100 mg) in Kaduna state.

They are Saifullahi Sani, Salisu Nafi'u and Abdulrazaq Mamman.

The trio, according to the Director, Media and Advocacy,  National Drug Law Enforcement Agency (NDLEA) were intercepted by a team on narcotic drugs in  the agency. 

Babafemi, in a statement, said that the three suspects were arrested in connection with the drugs seized in Zaria, adding that the drugs weighed 38.3kg.

In a related development, the anti-narcotic officers at the Akanu Ibiam International Airport, Enugu have arrested a 50-year old man, Mgbeobuna Eberechukwu, for ingesting 77 pellets of cocaine.

Babafemi said that the suspect was arrested on Aug. 6 this year, following his arrival from Addis Ababa, Ethiopia onboard an Ethiopian airline flight.
He said that the suspect, who hailed from Idemili South LGA, Anambra, passed out the 77 wraps of the illicit drug in eight excretions spanning four days.
In another development, an alleged female drug dealer, Saratu Abdullahi, 28, from Kano State, was nabbed at Hotoro with 541 blocks of cannabis weighing 245kg.
Also, in Lagos, NDLEA operatives recovered a total of 1,773.25kg of cannabis sativa at Ebutte-Meta and Akala in Mushin areas in separate raids between Aug. 9 and 10.
“At the Tincan seaport in Lagos, 86 parcels of cannabis indica (Colorado) weighing 43kg were recovered from a 40ft container during a joint examination with Customs and other security agencies.
“The illegal consignment seized on Friday, came from Toronto via Montreal, Canada and concealed in two drums inside a Mercedes Benz SUV in the container.
“In Abia, two suspects: Nnanna Ijo, 58, and Orji Uguru, 29, were arrested on Friday with various quantities of cannabis, heroin and cocaine at Nde-Agbai, Abiriba.
“This was a week after one Nnanna was released from detention over a similar offence committed in June 2022, ” he said.
Babafemi reported the Chairman, NDLEA, retired Brig.-Gen. Buba Marwa as commending the officers and men of AIIA, Tincan, Kaduna, Kano, Lagos and Abia Commands of the agency for the seizures and arrests.
Marwa urged them and their compatriots across the country to always remain steps ahead of the drug cartels.

Comments

Popular posts from this blog

ICPC Will Not Hesitate to Deal Oil Racketeers

By Favour & Akinola Ajibade Oil racketeers will henceforth face prosecution and subsequently sentenced to prison, in the event that the decision of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) stands by its decision to completely eradicate such activities in the country.  This happens as ICPC  secured a seven year conviction for  two fraudsters, Aso Adasa Morrison and Frank Biobarakuma recently.  The body in a statement signed by its spokesperson, Mrs. Azuka Ogugua and made available to the media, said the two suspects were first arraigned sometime in March 2013 before Hon. Justice B. A. Georgewill of Rivers State High Court 16 on a 17-count charge bordering on conspiracy, forgery and obtaining false pretence regarding transactions in crude oil in Nigeria  She said the court was informed of how the convicts and others at large between the month of March 2012 and February 2013 in Port Harcourt, fraudulently obtain...

NNPC Completes Mechanical Rehabilitation of Port Harcourt Refinery Plant

By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company (NNPC) Limited, says that it has mechanically completed the rehabilitation of Area 5 Plant of the Port Harcourt Refining Company (PHRC). The nation's oil company began rehabilitation of the refinery two years ago, while at the same time, promised to complete its by 31st December 2023. The Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed. “In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated. The GCEO commended NNPC's staff and the EPCIC contractors for doing a g...

'2023 will usher in robust oil industry, says independent producers

Pix depicting Nigeria's energy sector Favour Ajibade The Independent Petroleum Producers Group (IPPG),has said that Nigeria will experience positive changes across its  oil and gas value chain in  2023. Its Chairman, Mr. Abdulrazaq Isa, gave this predictions during the Group’s 2022 Annual Dinner in Eko Hotel and Suites, Lagos.  He said that the tangible effects of the Petroleum Industry Act  implementation, conclusion of this International Oil Companies IOC's divestment phase and the emerging dominance of the indigenous players across onshore and shallow water space; implementation of the decade of gas policy; and the expected deregulation of the downstream sector, will all jointly set the tone and direction for Nigeria’s oil and gas industry in the years to come. According to him, the group has an important role to play going forward and as such are best placed to ensure the optimal development of Nigeria’s hydrocarbon resources as its members have demon...