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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...

How I saved Buhari from impeachment in 2018

Omo-Agege


By Akinola Ajibade

The Deputy Senate President, Ovie Omo-Agege of the All Progressives Congress (APC) has revealed how he stopped the 8th Senate led by Bukola Saraki from impeaching President Muhammadu Buhari, saying he does not regret his actions.

Omo-Agege, who is the Deputy Senate President, stated this during his governorship campaign in Asaba, Delta State.
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He said on April 18, 2018, armed thugs stormed the Senate to allegedly reinstate the then-suspended senator, Ovie Omo-Agege. They overpowered the security men and forcibly took away the mace around 11:30 a.m.

“The mace is the symbol of authority of the legislature, without which the Senate cannot commence a legislative session.

The invaders, numbering 12, came in three Sports Utility Vehicles (SUVs), which were parked in front of the National Assembly building that houses the two chambers”.

He added that he never regretted thwarting the plan of Saraki and others by shutting down the assembly to save the situation.

He said, “I will never regret my action to shut down the 8th Senate to stop the impeachment of President Buhari.

“Then, I was the de facto chairman of the Electoral Act, and after concluding our report, Saraki and his cohorts decided to change what we passed and sent to the House of Representatives for concurrent consideration just because they wanted to impeach President Buhari.

“So, I protested and stopped them, and the Saraki group said they had suspended me. According to my understanding of the law, they do not have the authority to suspend me.

“Our group called the parliamentary group for support of Buhari in the Senate, then made efforts to stop them, and I showed up unexpectedly and shut down the sitting to stop the impeachment of President Buhari. I’m not regretting the role I played.”

On the governance of the state, Omo-Agege said, “If you make an objective assessment of every village, town, city, and local government area in Delta State, including the riverine areas, you will come to the sad conclusion that the state is lagging behind in every index of socio-economic development and economic prosperity.

“Ifeanyi Okowa’s government alone has swallowed up well over N2.8trn in seven years.

“There is poverty and profound infrastructural dilapidation from Asaba to Warri and environs, Ughelli to Udu, Sapele to Effurun, Koko to Oghara, Agbor to Ukwani, Ndokwa to Abraka, and other areas of the state.”

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