National Economy
Monday, August 18, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Companies & Markets

AP Commits To Sustainable Growth Through Solar, Gas Investment

by Olushola Bello
8 months ago
in Companies & Markets
Reading Time: 2 mins read
Investment
Share on FacebookShare on TwitterShare on Telegram

You May Like

CAP, Nigerian Red Cross Society Support Mokwa Flood Victims

NASD Elects Bolo As Chairman

Ardova Plc (AP) has restated its commitment in leading the charge towards a multi-energy future in Nigeria, positioning itself to address the country’s diverse energy needs while prioritising sustainability and environmental responsibility.
The managing director of AP, Moshood Olajide, stated this at the company’s 60th anniversary media parley held in Lagos with the theme: ‘60 Years of Energising Progress With Endless Possibilities.’
Olajide outlined the company’s Ardova’s commitment to energy transition, acknowledging the growing global shift towards cleaner, more efficient energy solutions, saying that the company’s intent to be a key player in Nigeria’s energy transition.
He explained that the company is blending solar, gas, diesel, and petrol in a strategic plan that aims to navigate future disruptions in the energy market.
On Ardova’s 60th anniversary celebration, Olajide stated that this mantra encapsulates the company’s renewed vigour and long-term commitment to driving Nigeria’s economic development.
“With unparalleled investments, a focus on sustainability, and an unwavering dedication to customer satisfaction, Ardova is poised to lead Nigeria into a new era of energy-driven prosperity.
“As Nigeria grapples with the twin challenges of economic diversification and energy transition, Ardova stands as a beacon of possibility. Its investments in LPG and renewable energy mark a critical inflection point, offering a blueprint for how private enterprise can power national development while safeguarding the planet for future generations,” he said.
Olajide emphasised the increasing pressure on businesses to mitigate their environmental impact, particularly in light of climate change and pollution concerns.
He also noted that the country’s abundant sunshine makes solar energy particularly promising, especially in the northern regions.
Olajide said that “considering the enormous investment put into technology and other aspect of the business, they expect to see enhanced efficiency in its operations and profitability.
“We project into the future that our performance will improve, even in the coming years. From our revenue perspective, from the volume delivered to the market, and the net return perspective.”
Chief strategy officer of the company, Abdul-Hakeem Buhari, noted that Ardova Renewables is set to collaborate with commercial and industrial clients to provide industrial-level grid connections, thus ensuring a diverse energy portfolio, saying that “Ardova embodies a vision where energy innovation meets economic empowerment.”
Founded as British Petroleum Nigeria in 1964, Ardova Plc has evolved through decades of strategic reinvention, transitioning from African Petroleum to Forte Oil and now Ardova Plc.
The company is a leading indigenous player in the downstream Oil, Gas, and integrated Eeergy sector. With a network of over 450 stations spread across the six geographical zones of Nigeria, the company specialises in the procurement and distribution of Premium Motor Spirit (PMS), Dual Purpose Kerosene (DPK), Diesel (AGO) and Liquefied Natural Gas (LPG).

Tags: INVESTMENT
ShareTweetShare
Previous Post

Top 5 Misconceptions About Leadership Training

Next Post

Schneider Electric Champions Workplace Safety

ANOTHER GOOD READ

CAP, Nigerian Red Cross Society Support Mokwa Flood Victims
Companies & Markets

CAP, Nigerian Red Cross Society Support Mokwa Flood Victims

6 days ago
NASD Elects Bolo As Chairman
Companies & Markets

NASD Elects Bolo As Chairman

2 weeks ago
Nigerian Breweries Records N738.14bn Revenue
Companies & Markets

Nigerian Breweries Records N738.14bn Revenue

2 weeks ago
Aradel Holdings Reports Net Profit Of N146.4bn In H1
Companies & Markets

Aradel Holdings Reports Net Profit Of N146.4bn In H1

2 weeks ago
Polaris Bank Empowers Over 3,000 Youths in Ajegunle Community
Companies & Markets

Polaris Bank Empowers Over 3,000 Youths in Ajegunle Community

3 weeks ago
Wema Bank Wins Best Digital Bank In Nigeria Award
Companies & Markets

Wema Bank Wins Best Digital Bank In Nigeria Award

3 weeks ago
Next Post
Schneider Electric Champions Workplace Safety

Schneider Electric Champions Workplace Safety

Most Recent

Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

FG to Host National Workshop on Strengthening Regulatory Authorities

August 17, 2025
Grandis 5-Star Luxury Apartments Wins Commendation Ahead Of Construction

Grandis 5-Star Luxury Apartments Wins Commendation Ahead Of Construction

August 17, 2025

Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL

August 16, 2025
Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL

Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL

August 15, 2025
Tourism: Gov Eno Orders Demolition Of Illegal Structures For New Projects

Tourism: Gov Eno Orders Demolition Of Illegal Structures For New Projects

August 15, 2025
Bauchi Gov Appoints Chinese National As Economic Adviser

Bauchi Gov Appoints Chinese National As Economic Adviser

August 15, 2025
146 Nigerian Women To Share $50m WTO Digital Trade Grants

146 Nigerian Women To Share $50m WTO Digital Trade Grants

August 15, 2025
Falcons’ Bonuses Fully Paid, $100k Presidential Rewards, Apartments In Progress

Falcons’ Bonuses Fully Paid, $100k Presidential Rewards, Apartments In Progress

August 15, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy