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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...

Obasanjo is a hypocrite, says Sagay

Nigeria's former  president, Chief Olusegun Obasanjo is highly hypocritical in the ways and manners, in which handles socio-economic and political issues in Nigeria, the Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay has said.

Sagay said this, while reacting to a recent letter, which Chief Obasanjo wrote in support and endorsement of Mr Peter Obi  for the February 2023'  presidential election.

He said:" I  think Obasanjo is a hypocrite in many ways. He tries to show off as he was the best thing that ever happened to Nigeria, even though under his regime, we had a lot of setbacks. While he was in office, he himself wanted a third term which would have been a breach of our democratic practice and renewal.

Adding that: " Another thing I have always said about Obasanjo is that he doesn’t control himself. He is a retired Head of State and very well respected elder statesman who is on telephone terms with the presidency. If he has anything to say, he can always call him and discuss with him.

Concerning the letter written to Peter Obi, Sagay said that Obasanjo has no right to order Nigerians to vote for a particular person, adding that the retired general has outlived his terms. 

He said:" Certainly, Obasanjo  has gone beyond that level. He should just keep quiet and let Nigerians decide. He should not be partisan. He should be above all that. I feel he is lowering himself to the level of politicians by doing what he is doing. We have former leaders like Yakubu Gowon and Abdulsalami Abubakar. They don’t do what Obasanjo is doing. They all respect themselves. I think Obasanjo should not think that he knows everything and his opinion is the best. He should stop behaving as if he is a hanging president of Nigeria which he is not. So, if find his recent actions reprehensible and he should show some restraint in his public attitude because he is a very senior person in this country.

Continuing further,  the former University of Benin law lecturer noted that Obasanjo wanted to go for third term during his adminstration as the President, but denied that he was not interested in the position 

" That is not true. He wanted third term and did everything to get it but he failed. The national assembly refused his agenda. We all watched it on television then when it happened. The president of the Senate then, Ken Nnamani put the question to the senators on the amendment of the constitution but not a single person supported it. So, Obasanjo should stop trying to rewrite history. We have forgiven him. He is a man I have some respect for particularly the way he is still acting, not in terms of politics but as a human being. 

Obasanjo,  he said, travels a lot on election monitoring and peace mission across the world, a development, which according to him,  made most people to admire him.

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