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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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DSS to Emiefele: We are not arresting you

Emefiele 


The Department of State Services (DSS) says it has no intention to arrest Mr Godwin Emiefiele, Governor, Central Bank of Nigeria (CBN).

DSS, in a statement to the media and signed yesterday (Monday),  by its public relations officer, Peter Afunaya said that that there is no iota of truth in the planned arrest of  the CBN Governor,  adding that it would not hesitate to arrest anybody, found disseminating such information in the country.

According to him, DSS  will continue to remain focused and disseminate actionable intelligence to the relevant authorities devoid of any sentiment.

The statement reads: “The Department of State Services (DSS) wishes to clarify that one of its roles is the investigation of matters of national security dimension. It has always discharged this responsibility in the overall interest of Nigerian citizens. As such, the Service will continue to disseminate actionable intelligence to the relevant authorities devoid of any sentiment.

“While professionally discharging its mandate, the DSS pledges to remain focused and unbiased. It will not, by any means, succumb to propaganda, intimidation and the desperation of hirelings to undermine it. It will also not give room to the use of falsehood and deceit to misdirect public understanding and perceptions of issues of national importance.

“Given not to joining issues, the Service warns those on a wild goose chase to be mindful of their actions.

“Similarly, it urges members of the public to disregard the vituperations and rantings of misguided elements and not allow themselves to be used as instruments of destabilisation.

The DSS also said that It would neither succumb to intimidation and the desperation of hirelings to undermine it nor would it give room to the use of falsehood and deceit to misdirect public understanding and perceptions of issues of national importance.

Recall that a group known as Coalition of National Interest Defenders alleged weeks ago that the service is framing up the Governor of the Central Bank of Nigeria, Godwin Emefiele, over alleged terrorism sponsorship against Nigeria.

The group also alleged that the agency had secretly instituted a court action against the CBN governor at a Federal High Court in Abuja to get him arrested.






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