BeautifulMind2's Posts
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Great minds |
Trekking from Asaba to Onitsha I saw pictures of boats being manufacture by locals behind Onitsha port, I decided to take pictures Lalasticlala
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BeautifulMind2:
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Gov Obiano flags 2018 farming season
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Obiano is working
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[quote author=aribisala0 post=68230710][/quote]Press release- Century petroleum Century Petroleum Engages a Public Relations Firm as it Begins the Processes of Preparing for a Form 10 Filing 2018-06-04 Century Petroleum Engages a Public Relations Firm as it Begins the Processes of Preparing for a Form 10 Filing NEW YORK, June 04, 2018 (GLOBE NEWSWIRE) -- Century Petroleum Corp (OTC Pink:CYPE) (“CYPE” or the “Company”) is pleased to announce that it has engaged Dumbo PR Inc., a New York based Public Relations firm. The engagement allows for Dumbo to provide consulting and management services in the areas of public relations, media relations, and consulting for the company. Dumbo is building a strong reputation as a leading provider of such services. The Company believes that Dumbo is the right choice to advocate for the Company because they have such a strong dedication to moving the diverse industries into the mainstream. Dr. Cletus M. Ibeto, Chairman of Century Petroleum, stated, thus: “We are indeed constrained and happy to engage a qualified and forward-looking Public Relations Consulting Firm in the person of Dumbo PR Inc. in view of the value and importance we attach to what we are doing. We are strongly committed to the success of the Reverse Merger and it is our strong belief that effective communication is a key factor. With the knowledge, qualification and experience of Dumbo PR Inc. in the filed of PR and with what we want and intend to achieve with this process, we have no doubts that Dumbo will professionalize whatever message we will have out there for the Regulators, the industry stakeholders and the general public for the sake of transparency and professionalism”. Erroll A. Booker, Chief Executive Officer of Century Petroleum, also stated, “Century Petroleum has partnered with Dumbo PR Inc. to insure that accurate information is disseminated in a timely manner and to promote the success of Century Petroleum.” ABOUT CENTURY PETROLEUM CORP. [b]Century Petroleum Corp. is an oil and gas exploration and production company. The Company is engaged in the acquisition and exploration of oil and gas properties with a view to exploiting any oil and gas reserves it discovers. The Company has interests in the Thunder Stud Prospect, located in Calcasieu Parish, Louisiana; the Shadyside Farm Prospect, located in St. Mary Parish, Louisiana; the Alligator Bayou Prospect, located in Matagorda and Brazoria Counties, Texas, and the El Grande and Hickory Branch Prospects, located in Beauregard Parish, Louisiana.[/b] Ibeto has moved global bitter ones that can't boast of #1million in bank are busy barking like dogs |
aribisala0:You are just a bitter man please can you show me where the reporter said shell company is a global player ![]() Ibeto Cement Company Limited has announced a historic reverse merger through its acquisition of Century Petroleum Corporation, a United States (U.S.) publicly-traded petroleum exploration and production company.A statement by the firm stated that it had acquired 70 per cent control of Century Petroleum Corporation resulting in the reverse merging of Ibeto Cement’s assets into Century Petroleum. By this reverse merger, which is expected to be sealed and publicly presented in 90 days, Ibeto Cement will achieve the historic milestone of being the first Nigerian firm to be listed in the U.S. Stock Exchange. Dr. Cletus M. Ibeto, who had already taken over as Chairman of the Board of Directors, said: “It has been a long journey since I have been in business and none of our companies or businesses has gone public so far. In line with our collective dreams to place Nigeria in its rightful place in the comity of nations, we had to come up with a strategy to build a formidable structure for companies that will outlive me.” He lauded stakeholders in the historic merger, including the government, shareholders, investors, and the larger Nigerian society for this landmark development, which will improve the level of actualisation of the huge cement business opportunities around Africa. “Everybody knows that Ibeto Group has billions of dollar investments in Nigeria; but the time has come to replicate the successes we have enjoyed in Africa and globally. Century Petroleum Corporation is the vehicle for using our wealth of experience for the benefit of people within and beyond Africa. “We will use it as a catalyst of empowerment for all Nigerians the world over as the company’s shares will be traded internationally,” he further said.Meanwhile, analysts believe that as chairman of the new global entity, Ibeto’s success record and vast experience in weathering the storms and growing businesses from scratch in developing economies will aid the actualisation of Nigeria’s potential of exporting cement to other sub-Saharan African countries. Ibeto Cement Company Limited, located in BunduAma, Port Harcourt, Rivers State, began cement bagging operations at its bagging terminal in Port Harcourt in 2005. It is an ultra-modern bagging plant with a flat-storage capacity of 50,000 metric tonnes and a production capacity of 1,500,000 metric tonnes yearly, which translates to a production capacity of 4,000+ metric tonnes per day. And in line with the Nigerian Backward Integration Policy (BIP) on cement and in response to the Federal Government’s call to increase local production of cement, Ibeto Cement Company Limited acquired the premier Nigeria Cement Company Limited (Nigercem), which has a plant located in Nkalagu, Ebonyi State. The strategic acquisition of Nigercem is aimed at expediting Ibeto Cement’s local production of cement by resuscitating the Nigercem plant and developing the project as a brand new dry process plant. The Company is also developing another 6,000 metric tonnes per day cement plant at Cross River State/Abia State of Nigeria. |
aribisala0:Go to Bloomberg website or reuters Ibeto has bought 70% he is now chairman of Century petroleum
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[quote author=aribisala0 post=68229044][/quote]Ignorant, Ibeto group bought 70% stake century petroleum to enable Ibeto Cement Company Limited to raise sufficient capital in US market to dominate the industry in Nigeria and West African sub region as a whole. Century Petroleum Corp is the vehicle I plan to use as a catalyst of empowerment for all Nigerians and people all over the world as the shares of the company will be traded internationally”. I am extremely excited to have Century Petroleum Corp as future part of the IBETO group and having taken over the reigns as the Chairman of the Board of Directors of the company will enable me to put together teams that will help grow the company and propel it and also members of the board that will help me breathe life into what Century Petroleum will ultimately become. Terms of the Transaction The Proposed Transaction will be structured as an amalgamation, arrangement, takeover bid, share purchase or other similar forms of transactions or a series of transactions that have a similar effect with Ibeto Cement Company Limited acquiring total control of Century Petroleum Corp, whereas, the survivor/legacy of the merger would be called “Ibeto Cement International Corporation”, a transaction that will make Ibeto Cement Company Limited a 70% control shareholder of Ibeto Cement International Corporation (“the merger survivor”). The final structure for the Proposed Transaction is subject to satisfactory tax, corporate and securities law advice for both Century Petroleum Corps and Ibeto Cement Company Limited. Completion of the Proposed Transaction is subject to a number of conditions, including completion of the merger, receipt of all necessary shareholder/shareholding and regulatory approvals, the execution of related/applicable transaction documents, approval of the SEC and Finra for the business combination and change of name. In connection with the Proposed Transaction, the Company will be required to, amongst others: (i) change its name to a name requested by Ibeto Cement Company Limited and acceptable to applicable regulatory authorities; (ii) consolidate/consolidation of its outstanding Century Petroleum Shares on a basis to be determined (the “Consolidation”); (iii) replace all directors and officers of the Company on closing of the Proposed Transaction with nominees of Ibeto Cement Company Limited; and (iv) create a new class of non-participating super voting shares that would be issued to the founder of Ibeto Cement Company Limited, Dr. Cletus M. Ibeto, under the Proposed Transaction. In the Proposed Transaction, existing shareholders of the Company as of immediately prior to the completion of the Proposed Transaction would hold post-Consolidated Century Petroleum Shares (whose voting rights will be subordinated) with a value, based on the merger. Further details of the Proposed Transaction will be included in subsequent news releases and disclosure documents (which will include business and financial information in respect of Ibeto Cement Company Limited) to be filed by the Company in connection with the Proposed Transaction. About Century Petroleum Corp Century Petroleum Corporation operates as an oil and gas exploration company. The Company markets its services throughout the United States. |
aribisala0:Ibeto hotels is doted around Nigeria cities
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[quote author=aribisala0 post=68227187.][/quote]Odoh Holdings Ltd subsidiary of Ibeto group This Company was founded in March 1985 and is in the business of real estate development. We own substantial properties in several major cities of Nigeria,including Abuja, Lagos, Port Harcourt, Enugu, Onitsha and Nnewi |
[quote author=aribisala0 post=68226773][/quote]Non of your tribe's man can be compare to Ibeto antecedent in business not those crooks that got oil wells through shady deals under Abacha and IBB Ibeto Group is developing 22-hectare landed property at Bundu Ama Water Front for establishment of a large-scale tank farm to hold sundry products
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aribisala0:I know you guys live media lies Can you mention any of your tribe man that own Cement plant or vehicle batteries plant ![]() Ibeto networth is 3.8 billion dollars [b]Union Auto Parts has a dedicated Batteries and Accessories department which is a specialist supplier and wholesaler of a wide range of battery products like motorcycle batteries to car and truck batteries. The batteries are from renowned brands from all across the world and imprted ny Union Auto Parts for distribution in Nigeria and West African markets. On the other hand, our auto accessories range has a wide range of products from wheel covers to blade fans automobile front grills and various autolamps and rear lights, p.v.c fittings and other plastic products. [/b] Our list of products under the friction deparment include brake pads and linings, clutch facings and clutch fibres, brake shoe kits and more. This company produces pure lead and antimonial lead for the local and international markets. Since 1991, high demand for our lead products have brought about supplies to customers in Europe, Asia and many parts of Africa. THE IBETO GROUP We are part of the prestigious Ibeto Group. The Ibeto Group, dates back to 1976, and now incorporates seven different companies. It is amongst the largest, most diversified, wholly Nigerian conglomerates with a solid financial base. It represents in today’s Nigerian economy, the ideal modern industrial organization with highly qualified personnel, with track record. Mr. C.M Ibeto, is the founder and promoter of The Ibeto Group. He is a man with earned Excellency community reputation, an entrepreneur, first class philanthropist and a patron to many notable associations. Mr. Ibeto has served as the president of Nnewi Chamber of Commerce, Industry, Agriculture and Mine from 1994-1998. He has for more than 25 years, played an active role in the Nigerian real sector as well as advanced the cause of international goodwill and understanding through his extensive international business undertakings. In appreciation of his sterling qualities and achievements in the field of commerce and industry, the Anambra State Government in January 1997 accorded him a State Honor in recognition of his contributions to wards the development of the State. On July 8, 2000 he received the Award of the Rotary International Club of Enugu District 9140. AUTO PARTS LEADER IN NIGERIA From the start the pioneer Staff have remained extremely committed, working towards the attainment of set goals. In 1998, the lead acid Battery manufacturing plant together with its integrated automotive spare parts and accessories manufacturing division was commissioned. The result in further relocation to our present head office at No. 60-61 Igwe Orizu Road, Nnewi, Anambra State. Consistent with our corporate philosophy and culture of excellence, The Ibeto Group boast of a well-trained, versatile and highly motivated work force. The team spirit amongst our staff is the major asset that has made it possible for us to remain ahead of our competitors. Always conscious of the fact that nothing can be achieved without seasoned, productive and highly skilled personnel, staff development and training has remained our deliberate policy. Our business contributions to the enhancement of our society bear testimony to the consistency and sincerity in our determination to deliver our promise. Ibeto battery plant Nnewi only vehicle battery plant in Nigeria
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aribisala0:Bitter man read more beto Petrochemical Industries Limited was established on October 2nd 1996 and licensed by the Department of Petroleum Resources to undertake the blending of oil lubricants and the production of various types of petroleum products for local and international markets. The Blending Plant is located at Nnewi, Anambra State. To ensure that the highest premium is placed on the quality of its products a fully equipped state-of-the-art test laboratory was established in the Plant. All our products are certified by the Standards Organization of Nigeria (SON) as meeting the required standards, as evidenced by the award of the mandatory SONCAP certificate. Since January 1999, the Company has been delivering its blended lube products to the West, East and Central African markets. The Company also procures and trades in a range of petroleum products like Base oil (Bright Stock, etc) and Automotive Gas Oil.
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aribisala0:Do you know how capital intensive cement industry is funny non of your tribe man own cement industry ![]() Ibeto sole built his cement industry The Ibeto Group commenced business in the cement sector in 1997 with the importation of ship-loads of bagged Portland cement through the Apapa ports. The company was conceived in 2001 following the Federal Government ban of the importation of cement in bags and the institution of a new policy of bulk importation and local bagging. Located in Bundu Ama, Port Harcourt, Rivers State, it started producing bagged cement at its Bagging Terminal in June 2005. The Terminal is an ultra-modern bagging plant with a Flat-storage capacity of 50,000 metric tons and a production capacity of 1,500,000 tons per annum which translates to a production capacity of not less than 6,000 metric tons per day. It has two (2) production lines, each with a capacity of 2700 of 50kg bags per hour or designed total production capacity of 5400 of 50kg bags per hour. This means that nine (9) trucks of 600 bags each will be loaded every hour. It also has a third production line for big bags of 1500 kilograms, popularly known as the Big Bag Plant and yet a fourth production line for Bulk Cement powder which is loaded on special cement trucks fitted with tanks and discharge pumps A modern Jetty that can take in ships of over 190 metres in length with a sophisticated Ship-Unloader was constructed at the waterfront as an integral part of the facilities. In further response to the Federal Government’s call for a total shift from mere ‘bagging’ to actual production of cement locally, The Ibeto Group has started work on a 5-million tonnes per annum Cement Manufacturing Plant in Effium, Ebonyi State. EASTERN BULKCEM COMPANY LTD. This is a subsidiary of Ibeto Cement Company Limited and is also engaged in the business of importation of bulk cement and bagging of same in its factory premises in Rumuolumeni waterfront, Rivers State. This company also owns 60% of Nigeria Cement Company Plc (NIGERCEM), Nkalagu, Ebonyi State. This situation has empowered Ibeto Cement to commence the expeditious resuscitation of the old Nigercem plant and the construction of a brand new dry-process plant.
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aribisala0: Ibeto is real example of handwork, never engage in any shady deal, grew his business from 4x4 shop to multi billion dollar today Full detail of Century Petroleum Corp Century Petroleum Corp., incorporated on December 13, 2004, is an oil and gas exploration and production company. The Company is engaged in the acquisition and exploration of oil and gas properties with a view to exploiting any oil and gas reserves it discovers. The Company has interests in the Thunder Stud Prospect, located in Calcasieu Parish, Louisiana; the Shadyside Farm Prospect, located in St. Mary Parish, Louisiana; the Alligator Bayou Prospect, located in Matagorda and Brazoria Counties, Texas, and the El Grande and Hickory Branch Prospects, located in Beauregard Parish, Louisiana. Thunder Stud Prospect On November 1, 2006, the Company entered into an agreement, whereby it has acquired from Kossic Oil & Gas LP, a 4% working interest in the Thunder Stud Prospect, located in southern Louisiana. On October 25, 2007, Century Petroleum Corp. increased its working interest in certain geologic objectives of well No. 1 to 5.44%. Drilling on the property began in January 2007 and operations were carried out by Sterling Energy plc. Target depth for well No. 1 was reached in May 2007, and petro-physical analysis suggested that multiple pay horizons were encountered. Testing operations of Well No. 1 were carried out in two intervals of the Yegua formation. One of these intervals was deemed to be non-commercial, whilst the other interval flowed oil and gas at a gross rate of 1,057 million cubic feet per day (MCFD) and 456 barrels of oil per day (BOPD). Shadyside Farm Prospect On February 16, 2007, Century Petroleum Corp. entered into a letter of intent with Houston Energy, Inc. and Red Willow Offshore, LLC, wherein the Company has agreed to purchase an undivided 8.92353% before casing point and 7.585% after casing point interest on the Shadyside Prospect located in St. Mary Parish, Louisiana. The final participation agreement and joint operating agreement for the prospect were signed in May 2007, drilling operations started in July 2007, and production began on January 7, 2008. As of April 30, 2008, the Company held a 15.17% working interest on this well. Neumin Production Company is the operator of this well. As of April 30, 2008, the well was producing. Alligator Bayou Prospect On May 8, 2007, the Company entered into a letter of intent with CTC Minerals, Inc., wherein it has agreed to purchase a 10% working interest in the Alligator Bayou Prospect located in Matagorda and Brazoria Counties, Texas. On July 12, 2007, it entered into a final purchase and sale agreement with CTC Minerals. On April 20, 2008, the Company agreed to sell a 4% interest in the property to three separate parties. Drilling operations began in April 2008, and El Paso Corporation is the operator of the well. As of August 8, 2008, drilling operations continued on this prospect. El Grande and Hickory Branch Prospects On June 15, 2006, the Company acquired a 100% working interest and 75% net revenue interest in certain oil and gas properties, located in Beauregard Parish, Louisiana, from Site Drilling Force Limited. The purchase involved the acquisition of two prospects, the El Grande (formerly known as Wilcox 105) and the Hickory Branch (formerly known as the Miocene 101). These prospects consist of 32 leases totaling 1,224 gross acres (1,209 net acres). The leases all have three-year terms, with the expiration dates ranging from November 2008 to March 2009 |
Cjrane2:Another build with Solar
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Awka
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Awka boast of three flyovers among other flyovers and bridges in Anambra as a whole
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deomelllo:Your brothers enjoying Awka ![]()
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igbobuigbo:
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Lalasticlala state government creating access roads to new developing areas
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More.
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Provalker:There are many housing developments going on in Awka
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Pierohandsome:
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Awka
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exclusive pictures of Awka that you haven't see
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Me and my friends decided to visit few areas in Awka today to be able to capture developments going on in Awka, Anambra capital, Awka is one of the major cities in Anambra state and one of the fastes growing cities in Nigeria, Awka was created in 1991 by IBB. Enjoy my photos
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Lalasticlala |
Sunnynwa:Oboy stop being a nuisance, show us recent pictures of OPR to support your claims, except you know little about oil exploration, you can convince me that these pictures FKO posted are still prospective, stop fooling yourself, same you claimed the pictures was last year and you wrote Orient halted operation 2 years ago, I guess you are confusing yourself
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