Skip to main content

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...

Abiru Celebrates GAC Member, Edun On His Birthday

Edun 

By Favour & Akinola Ajibade


The Senator representing Lagos East, Chief Mukhail Adetokunbo Abiru, has congratulated Mr Olawale Edun, on his birthday. 
Edun is a member of the Governance Advisory Council (GAC) of All Progressive Congress 
 (APC). 
In a statement issued by Abiru’s media aide, Mr. Enitan Olukotun and made available to News Mirror, Edun who doubles as the 
Chairman, ChapelHillDenham Group, was described as a trusted confidant and thoroughbred professional with global footprint.
According to Abiru, Edun's sterling achievements in investment banking and public finance sector are noteworthy, adding that the experience  garnered in the two sectors played a pivotal role in the public finance engineering of Lagos  when Edun was appointed commissioner of Finance in the state. 
He said: “ On behalf of my family and good people of Lagos East Senatorial District, I heartily congratulate my amiable confidant, mentor and respected elder colleague, Mr Olawale Edun, on his birthday.
“ Egbon, today, I celebrate your  accomplishments as a highly successful finance professional and also acknowledge your outstanding contributions to our dear state and by extension, Nigeria at large. I am particularly grateful for the support you have been giving me since I got into this assignment as the Senator of the Federal Republic of Nigeria.  
“On this auspicious occasion, I join your family, friends, colleagues and well wishers in wishing you a happy birthday. I pray that Almighty God grants you good health as you age gracefully” 


Comments

Popular posts from this blog

ICPC Will Not Hesitate to Deal Oil Racketeers

By Favour & Akinola Ajibade Oil racketeers will henceforth face prosecution and subsequently sentenced to prison, in the event that the decision of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) stands by its decision to completely eradicate such activities in the country.  This happens as ICPC  secured a seven year conviction for  two fraudsters, Aso Adasa Morrison and Frank Biobarakuma recently.  The body in a statement signed by its spokesperson, Mrs. Azuka Ogugua and made available to the media, said the two suspects were first arraigned sometime in March 2013 before Hon. Justice B. A. Georgewill of Rivers State High Court 16 on a 17-count charge bordering on conspiracy, forgery and obtaining false pretence regarding transactions in crude oil in Nigeria  She said the court was informed of how the convicts and others at large between the month of March 2012 and February 2013 in Port Harcourt, fraudulently obtain...

IGP to Nigerians: Deface new notes and face prosecution

IGP Baba New naira notes  By Akinola Ajibade Nigerians, who are selling and defacing new naira notes of N200,500 and N1000 are facing arrest and prosecution soon unless they change from their criminal activities,  the Inspector-General of Police, IGP Usman Alkali Baba has said   Baba yesterday ordered the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department and the Assistant Inspector-General of Police in charge of the Force Intelligence Bureau, to commence arrest and prosecution of individuals, who was found selling and abusing the  naira notes issued by the Central Bank of Nigeria.  The order, which was conveyed in a statement signed by the Force Spokesperson, CSP Olumuyiwa Adejobi, quoted the police boss as imploring them to place officers and men of the Department and the Bureau across the nation on high alert. He further charged all supervisory Assistant Inspectors-General of Police and Co...

Tinubu Swears - In Idris, Umahi, Wike, Festus, Edun, 40 Others As Ministers

By Favour & Akinola Ajibade  President Bola Ahmed Tinubu, yesterday (Monday 21) sworn - in 45 ministers at Aso Rock Villa, saying they are welcome to the administration of renewed hope.  In his address, the President said the ministers  were carefully selected for the job, adding that their track records were good and excellent for the tasks assigned to them.  He admonished them not to see themselves as ethnic or tribal ministers but ” ministers of the Republic of Nigeria”. He challenged the appointees to hit the ground running from the moment they were sworn in. The ceremony that lasted two and half hours was anchored by the Special Adviser to Tinubu on Media and Publicity, Aguri Ngelale, by first reading the citation of the Ministers, followed by oath-taking , appended their signature on a register, proceeded for Presidential handshakes and picture with Mr President.