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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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Wike Bemoans Black Out In Abuja

Wike At The Swearing Of Ministers 

The Minister of Federal Capital Territory (FCT) Barr Nyesom Wike, yesterday (Tuesday) bemoaned the black out enveloping Abuja,saying most areas of the city are in total darkness.

Wike,who spoke  during handing over ceremony,emphasized the need to light up Abuja as soon as possible.

He said:”Everyone who has responsibilities must show commitment in doing the right things. The important thing we must do is to ensure that Abuja is back to what it ought to be. I moved around Abuja and found out there are total darkness in most of the places. What we need to do is to ensure light come back as soon as possible.

“Our environment must be kept clean, you must be on your toes. If you do not have the capacity, please leave. It is a privilege for us to be serving in this capacity and I will not allow anyone to drag me back. If you are in charge of sanitation. I will call you at anytime of the day.

“We shouldn’t allow motor parks all over the places, something must be done, as soon as possible. If you cannot meet up my standard say it now so that we can change you. Yes, I have a soft spot for women, you have to take a decision, we must be firm, things must work.

“Things are tough, I agree, but that does not make us to be lawless. Street trading is prohibited, people selling corn, will drop their waste indiscriminately and these are the things that causes insecurity, criminals come to buy and use the opportunity to spy and give informations to criminals. It is imperative we clear street hawkers.

” Development Control is a serious crisis area, we have to stop, why are there illegal structures and shanties everywhere. We will demolish any illegal structures, no matter how highly placed, the structure will come down”, he explained.

He also read riot Acts to the management staff of the Federal Capital Territory Administration (FCTA) and Federal Capital Development Authority (FCDA), saying the agency is on tour of rebuilding Abuja.

He assured them of his readiness to fund the Secretariat, Departments and Agencies of the administration to execute short projects to show our commitment.

In his remarks,the Permanent Secretary, Mr Olusade Adesola assured the Minister of the unalloyed support of the entire staff of the FCT Administration in ensuring the actualization of the mandate of His Excellency, President Bola Ahmed Tinubu.

 
188350cookie-checkAbuja Is In Darkness -Wike
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