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...
Babalola airing his views on the country's hunger situation
By Favour Ifeoluwa & Akinola Ajibade
FOUNDER of Afe Babalola University Ado-Ekiti, ABUAD, Aare Afe Babalola, yesterday, took a swipe at the Federal Government for distributing palliatives such as garri, beans among others to Nigerians.
He described such such actions as too bad, as it amounts to giving foods to beggars and further worsening their conditions.
Babalola said this when the Prestige Sisters League visited him at the ABUAD campus.
Speaking on the recent protest across the country, he said that those protesting against hunger do so because everyone knows there is hunger in the country.
He said: “Those who are complaining about hunger are doing so sincerely. They are hungry. A hungry man can go to any length to show his anger. We do not need anybody to tell us about hunger in the country. The protest was genuine and the government should listen to them.
“The duty of government is the welfare of the people. The problem we have now is that people cannot move freely. They have abandoned the farms. People are being killed in their farms and everybody wants to stay where they are safe. It is because the government has failed in this regard that we have hunger.
“It is wrong for the government to be sharing garri, beans and rice as palliatives. They are turning the people into beggars. The government that is giving the people rice and beans is leading us to poverty. The government is discouraging people from working, whereas, the government must provide the people enabling environment for people to work and feed themselves.”
On the Patriots’ call for a new constitution, he said Nigeria does not have to go through any constitutional conference but the parliament should reenact the 1963 constitution.
Babalola said: “I read the publication of the Patriots visiting President Tinubu and I am in full agreement with them. We need a new constitution. But I do not agree that we should go through any constitutional conference.
“Recently, you are aware that President Bola Tinubu asked us to go back to the old National Anthem; there was no conference for it before it was passed by the National Assembly and assented by the President. The 1963 constitution was the one made by all of us. By the same token, the parliament should bring back the 1963 and reenact it.”
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