10/13/2023 0 Comments Paul frank travel alarm clockRead also: Movie Review: Top ten Netflix series for your ‘binge-watching’ pleasure Her global validation has since spurred her to get involved in building the quality of the industry that has defined her career trajectory. The screen diva who once played football and beat up boys as a young girl has always been deliberate. Genevieve Nnaji, the 44-year-old actress from Mbaise, Imo State, is not an actress who does anything by chance. Nnaji herself has featured in over 50 titles before the Oprah recognition. Hence, Oprah, a renowned talk show host, making Nnaji the first actress from Nollywood to be recognised on her show was a validation of quality for the industry globally notorious for churning out movies with record speed. There was no local movie that was on the big cinematic screens anywhere in the world. Read also: ‘Orisa’ makes top 5 grossing movies in Nigeria’s Box Office It was also the time the industry churned out more substandard movies with few quality ones and the only way actors could set themselves apart from the poor storylines was by playing their roles so well that the scripts didn’t matter. It didn’t matter that nearly 95 per cent of the VCDs were pirated. A time when VCDs and terrestrial TV stations were the only routes actors could warm their way into viewers’ hearts. It came at a time when Nollywood could only count on home movies to reach the world. She has also been called the ‘Sharon Stone’ of Africa.īut there was a reason Oprah’s praise hit the sweet spot in Nnaji. The international cable network, CNN in 2010, while introducing her as a guest, called her the “Angelina Jolie” of Nollywood. It is not the first iconic name in Hollywood that Nnaji is associated with. It said its other non-operated states in other Nigeria assets, both onshore and offshore, and Nigeria LNG are not affected by the sale.In 2009, while governors of central banks across the world raced to restore normalcy in the global economy threatened by a stock exchange meltdown, Genevieve Nnaji, Nigeria’s Nollywood diva, was being featured by Oprah Winfrey who described her as the ‘Julia Roberts’ of the African movie industry. "The upstream will supplement the core organically-led growth with inorganic high-grading activity, adding resources with incremental value while divesting resources that can offer greater value and opportunities to new owners," Eni said in a statement.Įni said the deal does not include NAOC's 5% participating interest in the Shell Production Development Company Joint Venture in Nigeria.įollowing the sale to Oando, Eni said it will also maintain its presence in Nigeria through Nigerian Agip Exploration (NAE) and Agip Energy and Natural Resources (AENR) and continue to operate in the country, focusing on operated offshore activities. It is in alignment with our strategy of acquiring, enhancing, appraising, and efficiently developing reserves," Oando CEO Wale Tinubu said in a statement.Įni said the sale was consistent with its strategic plan to grow its upstream output an average 3%-4% per year over the next three years from about 1.61 million boe/d in 2022. "The synergies created by this acquisition will unlock unparalleled opportunities for us to re-align expectations, enhance efficiency, optimize resource allocation, and significantly increase production. Without giving financial details of the deal, Oando said the deal will almost double its proved total oil and gas reserves which stood at 503 million boe at the end of 2021. Last year, the four onshore blocks produced some 24,000 b/d of oil equivalent net to Eni's 20% in the NAOC JV, according to the company, with a large part of the gas reserves of the blocks is destined to supply the Nigeria's NLNG liquefaction plant. The assets include 24 producing fields, 40 identified exploration prospects and leads, 12 production stations, 1,490 km of pipelines, three gas processing plants, and the Brass River oil terminal, Oando said. Operating as part of the NAOC JV in partnership with the state's NNPC, and Oando, the deal will see Oando double its stake in NAOC JV to 40%. Receive daily email alerts, subscriber notes & personalize your experience.Įni's Nigerian Agip Oil Company Ltd (NAOC) holds operating interests in four Nigerian onshore blocks (OML 60, 61, 62, 63), the Okpai 1 and 2 power plants with a total nameplate capacity of 960 MW, and two onshore exploration leases.
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