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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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COVID 19: Abiru donates over N150m to the poor within two years

Abiru

By Akinola Ajibade

Beneficiaries of Senator Tokunbo Abiru COVID-19 Financial Relief Scheme have gotten more than N150million in the last twenty three months..
The money, which  was directly credited into their 
respective bank accounts was for the social services support of the beneficiaries. 
They have also received payment for November this year.
In a statement made available to the News Mirror, and signed by the Special Adviser, Media and Publicity to Mr Ibrahim Olukotun, Senator  Adetokunbo Abiru, has disbu over N150million  to the vulnerables, especially poor people in Lagos East Senatorial District under his COVID-19 Financial Relief Scheme. The scheme, the statement said,   covers over 2,500 beneficiaries  comprising widows; people with physical disabilities; aged; unemployed youth and women who receive direct credit transfers of N5,000 each into their respective bank accounts every other month. .
"  Those who received payment for the month of November  2022, belong to batch A category" he said.
These beneficiaries, the statement said, 
were nominated by 98 ward chairmen, Local Government Party chairmen, Community d
Development Committees (CDCs), Governance Advisory Council(GAC)leaders, Royal fathers, League of Imams, Christian Association of Nigeria (CAN) and notable leaders in the 16 LGs/LCDAs of the Lagos East Senatorial district.
 
The scheme which kicked off in January 2021 was earlier planned to terminate in December 2021, but Abiru to his kind heartedness and the 
economic headwinds occasioned by the COVID-19 pandemic are yet to fully abate, shifted it forward.
According to Abiru,  concern for the plight of the poor necessitated the continuation of the financial support to ease the hardship of the vulnerable at the bottom of the socio-economic pyramid.


 

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