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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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Container Crushes Nine Bus Passengers to Death in Lagos

Scene of the fatal accident


By Favour Ajibade


No fewer than nine passengers have been reportedly crushed to death as a 20feet laden container fell on a commercial bus in the Ojuelegba area of Lagos State.

It was learnt that the commercial bus was picking up passengers at the bus stop along the Ojuelegba Bridge when the truck lost control and fell over the side of the bridge on yesterday.

Director-General of the Lagos State Emergency Management Agency (LASEMA), Olufemi Oke-Osanyintolu, confirmed the incident in a statement. He said a woman was rescued alive from the crushed bus.

“Upon arrival at the scene, a truck conveying a 20ft container was found to have landed on top of a commercial bus. Further investigations revealed that the bus was picking up passengers when the truck lost control and fell over the side of the bridge.

“After suspending the container load with the aid of the agency’s forklift and cutting off the top of the bus with light rescue equipment, a single adult woman was extricated alive and taken to the trauma centre.

“Final casualty count is 9 fatalities comprising four adult males, three adult females, one boy child and one girl child and one adult female rescued alive.

“The agency’s heavy-duty Goliath and teams from Onipan and Cappa are on ground. The agency’s ambulance, LASG FIRE, FED FIRE, LASTMA and Nigeria Police have been working on this situation which is now concluded.

“Further investigation to be carried out by the Nigeria Police on the removal of the barriers on the bridge aimed at preventing trucks from ascending,” the statement said.

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