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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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ASUU strike: Minister, NUC, VCs, others meet next Tuesday




As part of efforts to end almost seven months strike embarked upon by the Academic Staff Union of Universities ( ASUU), the National Universities Commission ( NUC) is planning to hold a meeting with the Minister of Education, Mallam Adamu, at its headquarters in Abuja.

Others expected at  the meeting are Pro-Vice Chancellors and Vice-Chancellors of the Federal universities respectively.

The meeting is fixed Tuesday, September, this year.

According to NUC Executive Secretary, Prof. Abubakar Rasheed, the commission invited the pro-chancellors and their vice-chancellors to a meeting with the minister to seek solution to the crisis.

He said the pro-chancellors and their vice-chancellors are expected to meet with the minister, to deliberate on issues concerning the ongoing ASUU strike and has sent an invitation letter to the relevant stakeholders.

The letter is titled: “Industrial actions by university-based unions: Invitation to a special interactive meeting with the Honourable Minister of Education.”

It reads: “As the pro-chancellors and the chairmen of councils and the vice-chancellors are quite aware, the industrial action by university-based unions has led to the closure of the institutions since February 14.

“You are also aware that the non-teaching unions have suspended their industrial actions with effect from August 24, while a final decision is being awaited from ASUU.

“It has become necessary for the governing councils and the managements of the universities to be briefed on the decisions and actions taken by the Federal Government so far.

“This is to allow for a well-coordinated review of the situation, including building consensus around succeeding actions.”

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