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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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Lagos Airport Shutdown, Travellers Stranded As Workers Refuse To End Strike

MMA, Lagos


 Akinola Ajibade


Lagos Airport was shut down, yesterday in response to the warning strike announced by workers in the nation's aviation industry. 

The workers had last friday, slated two days (Monday 17th and  Tuesday 18th April) respectively for their warning strike,  with a view to express their grievances and further force Federal Government to improve their working conditions and other issues militating against their operations.

Part of their demands, include provision of enough jet fuel in order to forestall grounding of domestic flights and foreign currency, which has seen international carriers failing to repatriate their ticket sales. 

Protesting workers

Others are payment of national minimum wage and its  consequential adjustment. 

These among others led to the closure of  access roads to the international and domestic wings of the Murtala Muhammed Airport in Lagos State by aviation workers protesting the Federal Government’s failure to address their concerns.

Expectedly,  the issue caused serious gridlock around the Airport Road in Ikeja, with the entrance to the Murtala Muhammed Airport Two terminal hugely affected.

Also, the gridlock led to a lot of anxiety and panic among travellers who are desperate to fly out of Lagos through the airport efforts to catch their flights.

.Meanwhile,  Nnamdi Azikiwe International Airport (NAIA) chapter of the Federal Airports Authority of Nigeria (FAAN) has advised travellers and stakeholders to make contingency plans in order to avoid missing their flights and appointments.

FAAN’s statement was in response to the two-day strike the aviation unions, which it said could disrupt scheduled flight operations.

According to the statement, NAIA would be open for operations as usual. It, however, warned that passengers may experience “disruptions in flights operations as a result of the planned strike action”. 


 

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