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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...

TRAGEDY: FCCPC loses staff to office's dispute


By Akinola Ajibade


A senior official of Federal Competition and Consumer Protection Commission( FCCPC) in  Katsina State, Julius Haruna( Mr) is dead,  following a fisticuff with a female colleague in the establishment, the Director, Legal Secretary of the Board of FCCPC, Tam Tamunokonbia has said.

Her name is Muibat Taiwo Abdulsam ( Ms) 

While Haruna was an Assistant Director in the Commission, Abdulsam was not. 

Confirming the incident in a statement,  Tamunokonbia said that the matter is still under probe. 

He said although “investigations are at early, findings have shown that Haruna was involved in a dispute which escalated to, and included physical contact with  Abdusalam, another employee of the Commission.”

He explained that the State Police Command is investigating the matter.

“The deceased is currently deposited in the morgue of Katsina General Hospital and awaiting an autopsy, while Abdusalam has been  detained by the state Police Command.

He further explained that the Commission visited the deceased’s family in Kafanchan, Kaduna State, as well as  supporting his family.

He added that the Commission is getting in touch with the family of the detained female colleague,  with a view to answer questions given to them on the issue. 

“The Commission is also assisting and supporting the Police investigation on the fued between the two officials of FCCPC.

There are current, and indeed a record of past cross allegations of conflict and abuse/aggression by the deceased and Ms. Abdulsalam; which current claims include an assertion of insufficient remedial action by the management of the Commission.In response to this sad incident, and events leading thereto, the Governing Board of the Commission held an emergency Board meeting yesterday, August 22, 2022.

The Board meeting decided by resolutions:
“To immediately and forthwith institute an independent internal investigation, to conclude within 21 working days or any extensions granted by the Board; Appointed Dr. Ben Nwoye (Legal practitioner and non-executive Commissioner/Board member) as Chair of the Independent Internal Investigation Panel (Panel); and Air Vice Marshal Wakili Abdullahi Ahmed (Rtd), (also a non-executive Commissioner/ Board member) as Co-Chair of the Panel; and to invite representatives of the Federal Ministry of Industry Trade and Investment and Office of the Head of Service of the Federation as members of the panel.”

Other resolutions of the Board include directing Executive Management of the Commission to immediately engage an experienced and independent legal counsel as member, guide and support to the Panel as well as Immediately but temporarily relieve relevant leadership and operatives within the Commission in order to ensure a fair, transparent and credible investigation.

The statement assured that the Commission would continue to make appropriate, full, and frank disclosures of information, any investigative outcomes and or judicial processes (where applicable).

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