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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...

Ladoja Faults Comments On Olubadan Designate

Ladoja 


By Favour Ifeoluwa & Akinola Ajibade


The Otun Olubadan of Ibadanland, High Chief Rashidi Ladoja, has diagreed with the positions  of ome Ibadan High Chiefs over the health status of the Olubadan-designate, Oba Owolabi Olakulehin.

Ladoja said that the comments were mere  opinions since the chiefs were not medical personnel.

He said this on Wednesday,  while addressing newsmen after Eid-el-Fitri prayer at his residence in Ibadan.

Recall that Otun Balogun Olubadan of Ibadanland, Oba Abimbola Ajibola recently quoted by media as saying the Olubadan designate is sick and needs time to get well before his coronation.

“Has anyone seen him since last Friday? Those who attempted to visit him after Friday were unsuccessful. They are coercing him. We should allow him to recuperate”, he said.

However, Ladoja said thats such views were speculative and not based on medical facts.

“His comments and others on the health status of Olubadan designate are mere personal opinions which should be disregarded.

“All persons who have been speaking on Olubadan designate’s health are not medical personnel thereby they lack merits to speak.

“Only God can determine lifespan, who will become king and how long a person will last on the throne,” he said.

The former governor said that a meeting to take decision on issues concerning Olubadan stool has been fixed for Friday.

According to him,  the case he filed in court on issues bordering on Olubadan stool was to defend his right against the threat by some Ibadan High Chiefs that collected the crown because he refused to join them.

He expressed his willingness to withdraw the case once they cooperate with him in the interest of peace of Ibadanland.

Ladoja said that if he eventually becomes Olubadan of Ibadanland, he would not victimise any High Chief that purportedly collected.

“There are standing rules forbidding other people to wear crowns in the Olubadan palace except Olubadan alone.

“The crown collected by Ibadan High Chiefs are just to enhance their prestige, which does not affect Olubadan tradition and process.

“They are free to wear their crown as they like but not in Olubadan’s palace because there cannot be two people wearing crown in Olubadan palace, “he said.

Ladoja said there was the need to revisit reports of the 2014 National Conference, saying that the report had taken care of many issues that the country is currently facing.

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