latest
Celebrates 30th Anniversary With Bold Commitment To Sustainable Energy In Africa
Celebrates 30th Anniversary With Bold Commitment To Sustainable Energy In Africa....KINDLY READ THE FULL STORY HERE▶
In a significant stride towards a sustainable future, Niger Delta Exploration & Production Plc (NDEP) has recently introduced a fresh corporate identity under the name Aradel Holdings PLC. This rebranding coincides with the company’s 30th anniversary and represents a transformative shift aimed at solidifying its leadership role in delivering sustainable energy solutions that foster economic growth throughout Africa.
Read Also Obaseki And Shaibu Clash As Deputy Governor Reportedly Denied Office Access
Having established itself as Nigeria’s leading fully integrated independent energy company with a rich history, Aradel Holdings is embarking on a path that aligns with Africa’s energy revolution. The unveiling of this rebranding, which took place on August 4th, 2023, during an exclusive grand launch event, signifies a strategic move in harmony with the company’s vision to secure its position as the foremost provider of sustainable energy solutions. Central to Aradel’s mission is its commitment to leveraging innovative technologies to harness the abundant energy resources in Nigeria and Sub-Saharan Africa. This rebranding underscores the company’s dedication to innovation, expansion, and sustainability, setting the stage for future ventures in renewable energy and emerging technologies.
Over the years, Aradel Holdings has diversified its investment portfolio to ensure its long-term resilience and relevance. In 2012, the Group achieved a significant milestone by becoming the first private organization to operate a refinery in Nigeria, obtaining a Refinery License to Operate (LTO) from the Ministry of Petroleum Resources. Located in Ogbele, this refinery initially had a daily capacity of 1,000 barrels, which was expanded in 2020 with the addition of two modular trains, each capable of processing 5,000 barrels per day. This expansion increased the total refining capacity to 11,000 barrels per day, enabling the production of various products, including Diesel (Automotive Gas Oil or AGO), Dual Purpose Kerosene (DPK), Marine Diesel Oil (MDO), Naphtha, and Heavy Fuel Oil (HFO).
In its commitment to growth within the energy sector, Aradel Holdings is currently making substantial progress towards the completion of a reformer unit. Set to be commissioned in 2024, this unit will play a pivotal role in facilitating the production of Premium Motor Spirit (Petrol), aligning with the founders’ vision to develop local content capacity at par with international firms.
Furthermore, Aradel Holdings, through its subsidiary Aradel Gas Limited, has made significant investments in gas through its Gas Processing Plant. This facility has allowed the company to exploit and monetize its abundant gas resources in the Ogbele Field by supplying gas to both domestic and export markets. Aradel Holdings is committed to minimizing its carbon footprint and achieved a remarkable milestone by eliminating routine gas flaring at its Ogbele Facility since the commissioning of its Gas Processing Plant in 2012. This achievement was recognized with the Global Gas Flare Reduction Excellence Award, presented by a division of the World Bank in 2015.
Under the Aradel Holdings umbrella, there are several subsidiaries, including Aradel Energy Limited, Aradel Gas Limited, and Aradel Investments Limited (formerly known as Niger Delta Petroleum Resources Limited, ND Gas Development Company Limited, and NDEP Investments Limited, respectively). Aradel Holdings also holds a significant equity stake in ND Western, a consortium that acquired a 45% Participating Interest in OML 34 in 2012, as well as a 95% equity stake in Aradel Refineries (formerly ND Refineries Limited), an independent midstream entity.
The rebranding of Aradel Holdings signifies more than just a change in name; it embodies a commitment to a future where sustainable energy solutions drive progress, prosperity, and sustainability across Africa and beyond. With a storied legacy and a forward-looking strategy, Aradel Holdings is poised to shape Nigeria’s energy landscape for years to come.
Nigeria Customs Service (NCS) has recorded a historic breakthrough with the emergence of its first female pilot, Superintendent of Customs Nafisat Balogun, who recently earned a commercial multi-engine pilot licence in the United States.....KINDLY READ THE FULL STORY HERE▶
The achievement was celebrated by the Nigeria Customs Technical Hangar Service, marking a significant step in the agency’s drive to strengthen its aviation capacity for surveillance, logistics, and anti-smuggling operations.
At a ceremony attended by senior officers, the Managing Director of the Customs Technical Hangar Service, retired Comptroller of Customs Capt. Kuhi Mbaya, described the development as a landmark moment for the service.
He said Balogun’s transition from cabin crew to certified commercial pilot represents a major breakthrough for the Customs aviation unit and highlights the agency’s commitment to professional growth and inclusivity.
He added that the milestone reflects expanding opportunities within the Service as it continues to integrate air assets into its enforcement and border monitoring operations.
Balogun expressed gratitude for the support she received, noting that her journey required dedication and resilience, while pledging to apply her new skills in advancing the Customs mandate with professionalism and discipline.
The development has been widely described within the Service as an inspiration for greater female participation in technical and specialised roles.
latest
Osun 2026: APC Candidate Oyebamiji Pledges Inclusive Governance For Non-Indigenes, Interest Groups.
The All Progressives Congress (APC) governorship candidate in Osun State, Asiwaju Bola Oyebamiji (AMBO), has pledged to ensure inclusive governance by integrating non-indigenes and various interest groups if elected in the August 15, 2026 governorship election.....KINDLY READ THE FULL STORY HERE▶
He said his administration would operate a structured system that promotes participation and representation of all segments of society in governance.
The pledge was conveyed by a former lawmaker and ex-Special Adviser on Civic Engagement, Hon. Olatunbosun Oyintiloye, after he represented the candidate at an engagement with members of the Arewa community in Ibokun, Obokun Local Government Area.
Oyintiloye said the plan is aimed at strengthening the link between government and grassroots communities, ensuring public policies reflect citizens’ real needs.
He added that all groups would be actively involved in both policy formulation and implementation to drive development in the state.
Oyebamiji also promised continued engagement with farmers, traders, artisans, and non-indigene communities as key stakeholders in governance.
Responding, leaders of the Arewa community commended past inclusion efforts and pledged support for the APC candidate ahead of the election.
Barely a year after its inauguration in Akwa Ibom State, the African Democratic Congress (ADC) has been plunged into a deep factional crisis.....KINDLY READ THE FULL STORY HERE▶
Multiple factions are now locked in a struggle for control of the party, leaving members uncertain about the legitimate leadership structure.
One faction is led by John Akpanudodehe, a former National Secretary of the All Progressives Congress (APC), while another is headed by the embattled state chairman, Dick Duke.
Although the leader of a third faction could not be immediately confirmed, findings indicate that another group also exists within the party.
Sources further suggest that the Akpanudodehe-led faction is seeking to remove the current chairman through a recently held congress that has sparked controversy.
In response, Dick Duke convened a stakeholders’ meeting over the weekend, where he rejected the legitimacy of the said congress.
He said the party had formally written to the Independent National Electoral Commission (INEC) to distance itself from the exercise, citing a subsisting court order.
According to him, his tenure as state chairman is still valid until May, and any congress conducted before then would be unlawful.
Duke added that the party would only proceed with proper congresses after the expiration of his tenure and the resolution of legal issues, in line with due process.
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp