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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...

Seplat grows economy with 22 new entrepreneurs

 

Seplat'Chief Executive Officer, Roger Brown 

Seplat Energy Plc, in partnership with Conversations for Change (C4C) has empowered  22 new entrepreneurs from the duo’s Youth Entrepreneurship Programme. 

Hitherto, the leading energy firm with listing into exchanges, has in line with its commitments to help  develop economy has invested on businesses in the country.

Seplat is listed in both London and Nigerian Stock Exchanges.

The event had the entrepreneurs unveil their business plans following the 2022 C4C Global Entrepreneurship Fellowship Programme, and was held at the Lux Terra Leadership and Training Centre, Abuja.

The entrepreneurs and their area of businesses are: Oluyemi Oyinleye (Café business); Pauline Musa     (Catering); Maryam Musa (Spices); Mary Oteikwu (Fish drying); Justin Agbo (Fashion); Joseph Agu (Fashion); Chizoba Okolo (Fashion/fabric sales); Adebola Olamide Greatness (Fashion); Regina Etuka (Fashion); Blessing Gabriel (Bag making); Princess Esther Samuel (Shoe making); and Emmanuel Ogwuche (Footwear).

Others are: Nancy Otokina (Confectionaries); Adeola Samuel (Confectionaries); Gladys Emuh; (Agro processing); Patience Sunday (Palm oil production); Brume Aina (Herbal skincare); Bright Bello (Salon & Spa); Ogechi Iwuanyanwu (Plants & Flowers); Olufunbi Akinyemi (Gift curator); Benedict Gabriel (Photography); and Stephen Ahor (Laundry services).

Interestingly, the beneficiaries were trained to grow their businessess in order to support their families, communities, countries and the world in particular. 

C4C is a non-profit organisation with sole  objective of empowering young people to grow in all relevant areas of development. 

It also focused on young people aged 18-40, in the belief that they are ready to embark on being valuable and creative members of their society.

Speaking during the ceremony in Abuja recently, the Director, External Affairs and Sustainability, Seplat Energy, Dr. Chioma Nwachuku, said: “You are indeed equipped for your next phase in your various enterprises. Thanks to C4C and to Seplat Energy for enriching you with the knowledge and competencies you need to grow your business. The greater appreciation and kudos, however, goes to you, for having the capacity to establish your striving enterprise. 

“Congratulations dear C4C-Seplat Global Entrepreneurship Fellowship Program 2022 Graduates!

“We are happy at Seplat Energy to play a big role in changing the narrative of the Nigerian Youth. You are no longer the leaders of tomorrow rather, with the empowerment you have received over the year, you are the change agent of your generation. We are quite elated with the level of creativity and passion you all exhibited and truly, the sky will not be your limit.”

Empowerment is one of the strong pillars on which Seplat Energy is addressing social challenges in Nigeria particularly that of Sustainable Development Goals’ 1, 2 and 8 on no poverty, zero hunger and decent work and economic growth. We believe that as soon as these critical SDGs are addressed, other things will follow, Dr. Nwachuku explained.

She added: “In this regard, we felicitate also with Conversations for Change, our visionary partners on this journey for a great job well done. Dear 2022 graduates, we have a great confidence in your ability to further excel. Congratulations, and we pray to your continued success.”

Responding, the President/Founder, C4C, Dr. Kechi F. Ogbuagu, thanked Seplat Energy for the invaluable support over the yearswhilst pledging C4C’s resolve to empowerment of the youth population to drive national economic prosperity.

The entrepreneurs thanked Seplat Energy and C4C for the huge investment in their future and wished both organisations the best of success in all their endeavour.  

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