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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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NIMASA Denies Acquiring Properties in England



NIMASA's Director-/General, Mr Bashir Jamoh 


By Favour & Akinola Ajibade


The Nigerian Maritime Administration and Safety Agency NIMASA, has described the allegation levelled against it as a figment of imagination.

This follows the allegation by the Senior Advocate of Nigeria SAN), Mr Femi Falana that the Federal Government-owned agency( NIMASA) acquired some properties in England.

According to the Assistant Director, Public Relations, Edward Osagie, the agency has in the past thirty years, not bought a single property in England, as claimed by Femi Falana, on Channels Television Programme Sunrise on Friday.

It said:”Our attention has been drawn to the allegation by Femi Falana, a Senior Advocate of Nigeria, SAN, leveled against the Management of the Nigerian Maritime Administration and Safety Agency NIMASA, bordering on acquiring three properties in England under this regime.

Falana, SAN

This allegation was made by Senior Advocate Femi Falana Friday on Channels Television Programme Sunrise.We wish to state that there is no truth in the allegations, as NIMASA did not acquire any property in England, as claimed by Femi Falana.

“Furthermore, the Agency has not acquired any property in any foreign country in over 30 years.While we respect the views of the learned silk on public matters, NIMASA demands that he takes responsibility and retract this false claim.

“We also use this medium to caution that he and other members of the public should verify their facts before going public with any information”

 

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