Home Lifestyle Adegbite’s New Drive to Transform Energy Sector
Lifestyle

Adegbite’s New Drive to Transform Energy Sector

Share
Share


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.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

The King of Kogi’s Quiet Throne

It is not the drums of politics that announce Yahaya Bello these...

Hannah Musawa and the Architecture of Dreams

 In Nigeria’s crowded corridors of politics, Hannah Musawa moves with the rhythm...

Toke Has a Baby. Falz Has a Bride?

Vanessa Obioha It was a week of blissful updates for media personality...

Alwan Hassan: A Voice the North Cannot Ignore

The first thing about Alwan Hassan is not his thunder but his...