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...

Fed Govt-ASUU: Court will settle our issue

In a twist of turn, the Federal Government is seeking legal means to end the over seven months strike action embarked upon by the Academic Staff Union of Universities ( ASUU) to resume its seven months old strike. 

The government has taken the matter to the National Industrial Court of Nigeria ( NICN) in order to compel  lecturers to resume duty, following the failure of the dialogue between it and ASUU.

The government through the Minister of Education, Mallam Adamu Adamu, Nigerian University Commission ( NUC),  Professor Shehu Galandachi,ASUU's President, Prof Emmanuel Osodekeand other stakeholders, have held meetings to end the prolonged strike action, to no avail.

A statement by the Head, Press and Public Relations, Federal Ministry of Labour and Employment, Mr Sunday Olagunju, confirmed the legal action against the lecturers.

The statement, which was issued in Abuja, on Sunday, noted that the referral instrument was addressed to the Registrar of NICN and was dated September 8, 2022 and signed by the Minister of Labour and Employment, Senator Chris Ngige.

In the matter billed for mention by 9.am on Monday, September 12, 2022, the Federal Government is seeking the NICN to inquire into the legality or otherwise of the ongoing prolonged strike by ASUU leadership and members that had continued even after apprehension by the Minister of Labour and Employment.

It prayed the court to interpret in its entirety the provisions of Section 18 LFN 2004, especially as it applies to the cessation of strike once a trade dispute is apprehended by the Minister of Labour and Employment and conciliation is ongoing.

Other prayers are as follows: “Interpret the provisions of Section 43 of the Trade Dispute Act, Cap T8. LFN 2004, titled “Special Provision with Respect to payment of wages during strikes and Lock-outs,” specifically dealing with the rights of employees/workers during the period of any strike or lock-out. Can ASUU or any other union that embarked on strike be asking to be paid salaries even with clear provisions of the law.

“Determine whether ASUU members are entitled to emoluments or “strike pay” during their period of strike, which commenced on February 14, 2022, moreso in view of our national law as provided in Section 43 of the TDA and the International Labour Principles on the right to strike as well as the decisions of the ILO Committee on Freedom of Association on the subject.”

“Determine whether ASUU has the right to embark on strike over disputes as is the case in this instance by compelling the Federal Government to employ its own University Transparency Accountability Solution (UTAS) in the payment of the wages of its members as against the Integrated Payroll and Personnel Information System (IPPIS) universally used by the Federal Government in the nation for payment of wages of all her employees in the Federal Government Public Service of which university workers including ASUU members are part of or even where the government via NITDA subjected ASUU and their counterpart, Universities Peculiar Personnel Payroll Systems (UPPPS) software to integrity test (vulnerability and stress test) and they failed.”

The Federal Government further prayed the court to determine the extent of fulfillment of ASUU’s demands since the 2020 Memorandum of Action (MOA) that the union signed with government. The demands include the funding for revitalisation of public universities as per 2009 agreement, Earned Academic Allowances (EAA) payments, state universities proliferation and constitution of visitation panels and release of white paper on the report of the visitation panels.

Others are the reconstitution of the government renegotiation team for renegotiation of 2009 agreement, which was renegotiated 2013/2014, due for renegotiation 2018/2019 and the migration of ASUU members from IPPIS to its own UTAS, which is currently on test at NITDA.

The Federal Government requested for an order of the Court for ASUU members to resume work in their various universities while the issues in dispute are being addressed by the NICN in consonance with the provisions of Section 18 (I) (b) of the TDA Cap T8. LFN 2004.

Comments

Popular posts from this blog

'Nigeria Needs Carbon Emission Reduction To Diversify Energy Portfolio'

SNEPCo Wins Awards  By Favour & Akinola Ajibade Nigeria will be able to reduce carbon emission caused by fossil fuels production, once its  renewable energy portfolio, is diversified, Shell Nigeria Exploration and Production Company (SNEPCo) Managing Director Mrs, Elohor Aiboni has said.  According to her, Nigeria would meet the energy needs of its growing population of over 200 million people, once it encourages Public-Private Partnerships in renewable energy, adding that the development would enable her to overcome high investment costs and limited access to financing. She spoke in Lagos, during the 41st annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE). The event was organised for her and  other senior officials of the company.  SNEPCo's Managing Director, Alboni  At the event are officials of SCiN) and their various awards. There,SCiN won the Best Exhibitor and Plat...

NUPRC Is Not Leaving Abuja As Erroneously Speculated

By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas, supervising operations being carried out under licenses and leases, monitoring operations to ensure that they are in line with national goals and aspirations – the Nigerian Upstream Regulatory Commission, NUPRC, occupies a very influential position in Nigeria’s oil and gas industry. The NUPRC also has the mandate to monitor operations to ensure that they are in line with national goals and aspirations, including those relating to Natural Gas Flare elimination & monetization, Domestic Gas Delivery Obligations and Domestic crude oil supply obligations and ensures that Health Safety& Environmental regulations conform to national and international best oil field practice. The agency fu...

Nigeria Loses N10tn to Poor Electricity--- MAN

Its DG, Kadir-Ajayi By Favour & Akinola Ajibade Nigeria's manufacturing sector is losing about N10 trillion or two percent share of its Gross Domestic Product( GDP) to poor supply of electricity, the Manufacturers Association of Nigeria MAN 's Director-General of, Mr Segun-  Ajayi Nadir, has said. He said the electricity reforms introduced by the administration of President Bola Ahmed Tinubu, would help in salvage the sector, if well implemented.  The DG said this, while accessing the impact of of the country's electricity situations on the economy, stating that the sector would help in guaranteeing the growth and development of the economy, once the its reforms are adequately implemented.  According to him, the unfavourable situation in the power sector has placed the country among the worst countries to do business with a rank of 171 out of 190. On the recently signed electricity Act, the MAN's DG said that the 2023 Act will be a major game...