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Adegbite’s New Drive to Transform Energy Sector

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Nigeria’s energy sector is not a place for the faint-hearted. Pipelines twist like riddles, oilfields brood with history, and the air is thick with promises half-kept. Into this labyrinth walks Adegbite Falade, a man who seems to carry both a compass and a torch.

As Group Chief Executive of Aradel Holdings, Falade has turned routine into a renaissance. Gas once flared uselessly at Ogbele now powers homes and factories. A fresh supply agreement with NLNG, Shell Nigeria Gas, and NNPC Gas Marketing suggests something braver: a domestic market determined to stand on its own legs.

It feels almost like sleight of hand. One year, Aradel is a modest oil producer; the next, it is a fully integrated energy group reporting strong revenue growth on the Nigerian Exchange. Falade would insist that the trick is discipline, patience, and a little daring, three necessary elements for the kind of magic he’s performing.

And now, another role awaits.

Come September 2025, Falade would wear a new cap as the Independent Petroleum Producers Group (IPPG) Chairman. The IPPG, with members producing more than 700,000 barrels a day, is no minor club. For the first time, a non-founder will steer its powerful ship.

Industry elders, usually sparing with praise, have called his appointment a natural progression. Perhaps they remember how he listed Aradel on the stock exchange within four years, or how he balanced boardroom pragmatism with a knack for bold gambits. Either way, the gavel now rests in his hand.

Falade’s résumé is crowded with high stations: Oando, Oilserv, Shell. Degrees from Ibadan and Warwick. But what interests people most is not the chronology. It is the sense that he treats energy as more than a commodity. For him, it is the grammar of national possibility.

In a country where power outages still dictate daily rhythm, this belief feels urgent. Falade wagers that Nigeria’s energy story can be retold: less about waste, more about will. And if his compass proves true, the labyrinth may yet open into light.



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