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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 Commences Blue Rail Transport, Warns Residents On Wrong Usage Of Track

Lagos Governor, Sanwoolu


By Favour & Akinola Ajibade


Lagosians, would as from today, Monday, September 4th, 2023,  enjoy Blue Rail Transport Operation for growth. 

Through this, both indigenes and non-indigenes, residing in the state, are going to move one place to another through the initiative, once they pay for the services. 

The Chief Press Secretary to Governor Babajide Sanwo-Olu, Gboyega Akosile, in a post on his Twitter handle, advised residents to use overhead bridges since the rail line is electrified. 

“Dear Lagosians, please be reminded as we kick off the commercial operations of the Lagos Blue Line Rail transport on Monday, that the rail line is electrified. Don’t cross the rail lines because it is dangerous. Use the overhead bridges that have been provided by the government. Thank you,” he wrote.

Similarly, the General Manager of Lagos Metropolitan Area Transport Authority, Abimbola Akinajo in a video clip accompanying Akosile’s post, expressed worry on the rate people cut fences on the Blue Rail and run across it.

“With regards to the operations of the Blue Line in particular, we all know that we have publicised that the Blue Line is going to be an electrified rail system. If you want to cross from one side to the other, you must use the overhead bridges.

“This is a necessity for all of us to understand and we have fenced all along the alignment for the Blue Line to ensure that people do not cross it. But what we see time and again is that people go there and they cut the fences and they run across.

“We have bothered to put pedestrian crossings; there is access for people with physical challenges, and therefore we have no reason to cross the track. So we just ask that people respect this and respect the rails because if we don’t, we will find ourselves in a very dire straits, ” she said.

The first phase of the rail line extends from Marina to Mile 2 with five stations located in Marina, National Theatre, Iganmu, Alaba, and Orile.

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