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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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Oyo govt: Iseyin, Ibarapa's residents should avoid contaminated water

Aerial view of Iseyin, 


Residents of Ijaye, Ido, Olowo-Igbo, Iseyin and Ibarapa all in Oyo state, should desist from drinking contaminated water around them, the state's Commissioner for Environment and Natural Resources, Mr. Abiodun Oni, has said. 

He spoke in Ibadan, the state capital, while enlightening indigenes on the dangers of drinking unsafe water as well as using it for other domestic activities.

According to him, a truck conveying chemical substances recently emptied its content into a drainage that was eventually washed into the streams passing through the five communities 

The truck, Oni said, was involved in an accident at Iroko-Oyo highway, while conveying substances presumed to be soap making chemicals.

Continuing further, he said that the soap making chemicals which fell off into the drainage ended up contaminating the streams passing through the five communities, hence the need to warn residents against drinking the water.

He advised farmers who planted their cash crops within the affected areas ditto fishermen operating in the rivers and streams suspend every activity, pending the time the water is tested and thereafter considered safe for consumption.

The government, Oni said, is on top of the situation as the Ministry has dispatched some of its workers to the affected areas to  monitor the situation while at the same time, conducting tests on the water in order to find out whether its good for domestic use or not. 

Oni said: “The state government will continue to ensure that the ecosystem is protected in the state” he added

Citizens should take responsibility by not  disposing chemical substances and other biodegradable items carelessly.

“Furthermore, they should jettison the bad culture of dumping wastes into drainages as they eventually find their ways into streams and rivers and eventually make up their way in the food chain process as such posing threats to all humans”.

 

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