Community leaders from Otumara, Isale Iwaya and Erejuwa Makoko communities of Lagos Mainland Local Government Area of Lagos State have been tasked on engaging in advocacy that could better the lot of their communities. Organised by the International Press Centre, UKaid and Actionaid, leaders from the various communities were engaged at the recent community based advocacy training for community …
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Crude oil: Nigeria loses N18bn daily
Vice President, Professor Yemi Osinbajo has confirmed that the country loses 1 million barrels of crude oil per day. Activities of the militants in the Niger Delta region of the country is responsible for the loss which is costing the challenged economy about $43m daily. Osinbajo who spoke at the maiden quarterly business forum organised by members of the organised …
Read More »Oando PLC Signs $115.8m Midstream Agreement With Helios Investment Partners
Oando PLC Signs $115.8m Midstream Agreement WzithHelios Investment Partners Oando PLC has announced the execution of a definitive agreement with a vehicle owned by funds advised by Helios Investment Partners LLP (“Helios”), a premier Africa-focused private investment firm, to acquire 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (“OGP”). Oando is one of Nigeria’s …
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