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...
PLANTAIN FLOUR: As the name implies, its a local foodstuff or brand, which is eating in some parts of Africa, but gradually gaining wide acceptability in many countries, due to dietary and health benefits. Known for preventing anaemia and reducing high blood pressure, if a patient religiously abide with medical recommendations, plantain flour is made from unripe and dry plantain grounded into powdered like form. Similar to Amala, a local food made from peeled yam, sliced, boiled and spread under the sun for days in order to get dried and subsequently grounded into powdered like product before preparing it as food for individuals and families, it has become a close competitor with plantain flour. However, plantain flour, as a food brand, is gradually gaining acceptability and patronage in most homes in Africa, especially in the South-Western Nigeria, a place, that is proudly inhabited by the Yourubas. Despite its conservative estimate of over 30million popul...