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At Heirs Energies Leadership Forum, Oil and Gas Leaders Unite to Drive Nigeria’s Oil Production Growth
The dialogue affirmed Nigeria’s commitment to increasing production,while maintaining environmental responsibility and leveraging gas as a transition fuel.

▪︎HEIRS ENERGIES LEADERSHIP FORUM 2025:
L-R: CCE, NUPRC, Engr. Gbenga Komolafe; CEO, Heirs Energies, Osa Igiehon; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Founder/Chairman, Heirs Holdings and Chairman Heirs Energies, Tony O. Elumelu, CFR; OPEC Board of Governors Chairman for Nigeria & CEO, First E&P, Ademola Adeyemi-Bero; CEO, Seplat Energy, Roger Brown and Executive Vice President, Upstream, NNPC Limited, Udobong Ntia, at the Heirs Energies’ Nigeria Petroleum Industry Discourse which held at the Transcorp Hilton Abuja.
Heirs Energies, Africa’s fastest growing indigenous integrated energy company, hosted its inaugural Petroleum Industry Leadership Dialogue at the Transcorp Hilton Abuja, bringing together public and private sector leaders to accelerateNigeria’s production growth.
Heirs Holdings’ subsidiary, Heirs Energies, convened the forum, moderated by CEO of Heirs Energies, Osayande Igiehon, and which featured distinguished speakers including the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Chief Commission Executive, NUPRC, Engr. Gbenga Komolafe; Chairman, OPEC Board of Governors and CEO, First E&P, Adewale Adeyemo-Bero; Executive Vice-President Upstream, NNPC Limited, Udobong Ntia and CEO of Seplat Energy Plc, Roger Brown.
With a new administration and ambitious targets for production critical for Nigeria’s economic growth, the Dialogue provided a timely venue for private and public sectors to continue the successful interaction, that has already seen Nigeria crude production grow by 25%, since May 2023.
The speakers highlighted how a series of Presidential Executive Orders had radically reshaped the operating environment and catalysed industry growth.
Indigenous oil and gas companies were now responsible for more than 60% of Nigeria’s crude output and the successful indigenisation programme was delivering a bold new chapter in Nigeria’s natural resources history.
Tony Elumelu, Founder and Chairman of Heirs Holdings and Chairman of Heirs Energies, in his opening remarks, paid tribute to the catalytic role that current government had played in reinvigorating the sector.
Mr Elumelu also set out Heirs Holdings’ vision of transforming Africa’s energy landscape, through indigenous leadership and sustainable development.
Heirs Energies, in just four years, had rapidly grown its production from 21,000 to over 50,000 barrels per day of hydrocarbon.
Mr Elumelu also welcomed both public and private sector guests, emphasising the strong spirit of collaboration that underscored the successful indigenisation:
“Production growth, ambitious and sustained, is our shared national mission. I am honoured that Heirs Energies is bringing together distinguished peers from the industry and our partners in government.
As an investor not just in resources, but in Nigeria’s power production and distribution sectors, all of us, need to come together to ensure Nigerians get the benefits of our resources.
As we build Africa’s largest integrated energy business, innovation and collaboration are central to our execution”.
The dialogue affirmed Nigeria’s commitment to increasing production,while maintaining environmental responsibility and leveraging gas as a transition fuel.
Speaking at the forum, Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, applauded Heirs Energies for hosting this inaugural event.
Indigenous oil and gas companies were now responsible for more than 60% of Nigeria’s crude output and the successful indigenisation programme was delivering a bold new chapter in Nigeria’s natural resources history.
“Let me express our gratitude to Heirs Energies for providing this platform for meaningful industry engagement.”
The Minister announced Nigeria’s oil production had reached 1.8 million barrels per day in January 2025 and set an ambitious target of 2.5 million barrels per day for 2025.
He also reaffirmed the administration’s “drill or drop” policy to accelerate production growth.
The Petroleum Industry Leadership Dialogue, which will become an annual event, brought together key stakeholders in the oil and gas industry, including MD of The Shell Petroleum Development Company of Nigeria Limited, Osagie Okunbor; Managing Director of Aradel Holdings, Adegbite Falade and industry veteran and founder of Platform Petroleum & Managing Director A.A Holdings, Austin Avuru, among others.
NUPRC Chief Executive, Engr. Gbenga Komolafe, empahsised the dialogues significance in advancing the sectors objectives,
“I thank Heirs Energies for this beautiful initiative of putting together the Petroleum Industry Leadership Dialogue as a commitment to achieving our national objective in the upstream sector.”
He highlighted the surge in active drilling rigs to 38, with projections to reach 50 by March 2025.
OPEC Board of Governors Chairman for Nigeria and CEO, First E&P, Ademola Adeyemi-Bero, commended the forum’s timing, noting “It’s apt.
It’s early in the year and it’s about how we grow production.
That’s why you see all of us participating.” He shared how indigenous operators have successfully increased production, citing his company’s achievement of 57,000 barrels per day from previously untapped fields.Heirs Energies CEO, Osa Igiehon, reinforced this perspective, showcasing Heirs Energies’ impact in Nigeria’s onshore sector.
“Our success at Heirs Energies demonstrates what’s possible in Nigeria’s onshore sector, through our Brownfield Excellence Strategy, robust security measures, and genuine community partnership,” he said.
“By tripling our producing wells to over 100, we’ve shown how indigenous operators can efficiently unlock value while ensuring sustainable development of host communities.
“The Petroleum Industry Leadership Dialogue also exemplified Heirs Energies’ commitment to Mr Elumelu’s Africapitalism, the private sector’s transformative role in driving Africa’s economic and social development through strategic, long-term investments hinged on partnership and collaboration.
Heirs Energies Limited is Africa’s leading indigenous-owned integrated energy company, committed to meeting Africa’s unique energy needs while aligning with global sustainability goals.
With a strong focus on innovation, environmental responsibility, and community development, Heirs Energies leads in the evolving energy landscape and contributes to a more prosperous Africa.
Heirs Energies is a key implementor of Heirs Holdings integrated energy strategy, Africa’s largest integrated energy business, , whose objective is to ensure Africans benefit directly from their continent’s resources.
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Lagos communities decry water scarcity, demand govt intervention

Some Lagos residents have called on the state government to make potable water accessible to reduce the huge amount of money spent on buying water.
They disclosed this in separate interviews with the News Agency of Nigeria on Monday in Lagos, against the World Water Day celebrated annually in March.
They urged the state government to reduce the spread of water-borne diseases in the state by ensuring the provision of portable water.
According to the World Health Organisation, water scarcity affects one in three people in the African region and is getting worse with population growth, urbanisation, and an increase in household and industrial uses.
While some residents attributed the lack of potable water in the state to poor management and inadequate infrastructure, others linked it to a lack of enough investment and human capital.
A resident in Akowonjo Local Government Area, Mr Ibrahim Mustapha, a businessman, who spoke with NAN, expressed dissatisfaction with the scarcity of potable water in their neighbourhood.
“I don’t know why water remains a big challenge in a state that is surrounded by large bodies of water. I am a 54-year-old man, and I can tell you that the last time I enjoyed public-sourced potable water was in my youth days.
We have had to rely on a privately generated water supply, which is not a good thing,” he said.
He called on the state government to make the water issue a priority and get it done once and for all.
Another resident, Mrs Folake Davies, a dentist who lives around Yaba, told NAN that the unavailability of potable water had led to increased household expenditure.
“This has resulted in buying sachet water for drinking and borehole water in gallons for other domestic use. This has added an extra financial burden on residents who are already struggling and posing environmental challenges like plastic pollution.
“Water scarcity also challenges the ability of residents to keep up with sanitation and healthful living habits, while predisposing them to water-borne diseases if the use of contaminated water continues,” she said.
She called on the state government to find a lasting solution to this menace as it affects residents’ way of life.
Another Makoko resident, Mr Saheed Abbas, an artisan, lamented the hardship that members of the community faced in accessing potable water, which had made its retailing a lucrative business.
“Before residents can access clean water in Makoko, they have to trek for a long distance. Some of them even use motorcycles to get clean water,” he said.
Abbas appealed to the state government to make life easy for them with the resuscitation of potable water in the community.
A resident living in the Igando area of the state, Mrs Lydia Anjorin, a business manager, was sad with the amount of money she spent on purchasing water in the area.
“This scarcity makes us spend significant amounts of money on bottled water and rely on potentially contaminated water sources, impacting our health and hygiene.
We demand that the authorities take steps to improve water access by building new water treatment plants, repairing existing systems, and implementing water conservation measures,” she said.
Mr Kayode Aderibigbe, a Lekki resident, expressed his frustration with the area’s water shortage.
“We often go without water for days, and when it’s available, it’s not even suitable for cooking or drinking. I was recently forced to relocate my family to my in-laws’ home due to a two-day water outage. I had to stay at one of my properties in Magodo just to take a bath.
The situation in Lekki is really disheartening,” Aderibigbe said.
However, for Mrs Ese Ayanwun, a resident of Lekki, access to clean water has become a reality in her area due to the efforts of the local water works.
Ayanwun said a water storage tank had been installed in her house that provides them with a reliable source of clean water.
“This initiative has brought significant relief compared to when we had previously struggled with water scarcity and contamination,” she said.
NAN reports that other areas such as Ajah, Ajao Estate, Ebute Metta, FESTAC and others also lack access to potable water.
A general physician, Dr Tunji Akintade, says lack of access to safe water leads to a wide range of health problems, including waterborne diseases, malnutrition, and increased vulnerability to infections.
Akintade stressed that safe and adequate water facilitates the practice of hygiene, critical to prevent morbidity and mortality, especially among children and vulnerable populations.
According to him, contaminated water and poor sanitation are linked to the transmission of diseases such as cholera, diarrhoea, dysentery, hepatitis A, typhoid, and numerous neglected tropical diseases.
“Safe and readily available water is crucial for public health, whether it is used for drinking, domestic use, or food production,” he said.
He urged the government to improve access to clean and safe water to enhance the health of citizens.
However, efforts to reach out to the Public Relations Officer of the Lagos State Water Corporation, Mr Anifowoshe Rasaq, for his comment proved abortive as his number has not been responsive as of the time of filing this report.
Meanwhile, NAN reports that the Commissioner for Environment and Water Resources, Mr Tokunbo Wahab, in a report, has assured Lagos residents of a constant water supply by 2027.
Wahab said this when he took a tour of the Adiyan Phase 2 ongoing water project at Iju area of the state.
Wahab, who was impressed with the ongoing work, expressed optimism that Lagos residents would soon be enjoying uninterrupted water supply.
He said that Governor Babajide Sanwo-Olu and the Deputy Governor, Dr Obafemi Hamzat, had decided that the water problem must be solved.
“To solve the water problem, we had to come to Adiyan 2, which is a 70 million gallons per day project and the biggest. We have mobilised the contractor, so we just came here to see what they are doing so far, and I am glad the media men took the walk too.
“With 70 million gallons, and then we have Iju with Adiyan 1 alongside micro and mini water works, the majority of Lagos houses and homes will have pipe-borne water, which is our target, and we are looking at sometime in 2027,” he said.
NAN
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JUST IN: FG to shut Lagos’ Independence Bridge for two months

The Federal Government has announced the closure of the Independence Bridge (Marina bound) starting April 1 for essential maintenance and rehabilitation works.
The Federal Controller of Works, Lagos, Mrs Olukorede Kesha, made this known in a statement on Monday in Lagos.
She explained that the bridge would remain closed until the end of May 2025.
She said, “The closure will affect traffic traveling from Ahmadu Bello Way and Adeola Odeku towards Marina, Eko Bridge, and Onikan by Zone 2.
“Kesha advised motorists to plan their journeys accordingly and use alternative routes to avoid traffic congestion during the repair period.”
She apologised for any inconvenience the closure might cause and thanked the public for their understanding and cooperation as the government worked to ensure the safety and stability of the road infrastructure.
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I nearly withdrew from 2023 presidential race -Tinubu

President Bola Tinubu has revealed that he nearly abandoned his 2023 presidential ambition following a moment of doubt during the election campaign.
“I almost dropped the idea of running for President,” Tinubu revealed on Saturday night at a special Iftar held in his honour at the Aso Rock Presidential Villa, Abuja, where he also thanked Nigerians for their overwhelming goodwill and prayers on his 73rd birthday.
Tinubu’s Special Adviser on Information and Strategy, Mr Bayo Onanuga, disclosed the excerpts of the President’s dpeech in a statement signed in the early hours of Sunday titled ‘President Tinubu appreciates Nigerians for birthday well wishes, reveals he nearly quit 2023 presidential race.’
Reflecting on the pressures he faced, the President recounted how a close relative visited him in the middle of the night and questioned his resolve.
“Those close to me know that the odds were against me. During the campaigns. One came to my living room around 3:30 a.m. and said he needed just N50,000 to buy foodstuff for our uncle.
“He told me, ‘The currency is gone because of you. People are jumping over bank counters because there is no cash. Our uncle, a wealthy man, doesn’t even have N10,000 in cash.
What are you running for?’
“I told him, ‘I am running for President, not for you and our uncle.’ I gave him the N50,000. As he walked out, he turned to me and said, ‘I don’t think you will make it.’ I replied, ‘I will make it.’”
Tinubu added, “I was amazed. At that moment, I almost dropped the idea of running for President. But thanks to Aminu Masari and all of you who encouraged me.
“When I came to Abuja, Masari told me, ‘I am the Chairman of the North West Group; don’t look back.
”In his address, the President recognised the difficulties encountered along the path to the presidency and reaffirmed his commitment to advancing Nigeria’s progress.
Tinubu also noted that he assumed office during a period of economic challenges and had to make swift decisions, including scrapping the fuel subsidy on his inauguration day.
“On the day of my inauguration, I had to decide on something not originally in my speech, and that was the fuel subsidy removal.
“The hallmark of a great leader is the ability to make the right decision at the right time. That was the day I declared that the subsidy was gone.
“The following day, I was hounded and thoroughly abused in the media. But I stood firm, knowing it was the right thing to do for our nation’s future,” said Tinubu.
Vice President Kashim Shettima lauded the President’s leadership style, saying his decisions have tackled issues that haunted previous administrations.
He said, “Thanks to his boldness, future presidents of Nigeria will not have to wrestle with the same ghosts that haunted past administrations, including fraud-ridden fuel subsidies, an unstable forex market, and the suppression of local government autonomy.
“These were the thorny issues that many before him sidestepped. But Asiwaju did not sidestep history; he came to rewrite it.
“And in rewriting it, Asiwaju has taken the bullets that many before him simply lacked the courage to face. But that is the thing about true leadership: it is not for those who seek comfort.
It is for those who understand that the path to national greatness is lined with difficult choices.
”Senate President Godswill Akpabio applauded the President’s “relentless passion for national development” and described him as the “most audacious president” in Nigeria’s history.
“If I were a governor under your administration, I would have been a ‘supernatural governor’ and not an uncommon governor,” he remarked, adding that under Tinubu’s watch, governors receive more allocation.
Deputy Speaker of the House of Representatives Benjamin Kalu also commended the President for supporting him politically in 2019, even though they were from different regions.
“Today, he is at the forefront because Nigeria needs him. In 2019, despite not being from his region, he supported me in my most difficult political moment.
Nigeria needs leaders who rise above tribal considerations, and he has demonstrated that,” said Kalu.
Meanwhile, Governor Hope Uzodinma of Imo State praised Tinubu’s “decisive leadership” amid national uncertainties, stating that only a leader with “deep conviction and love for the country” could take the necessary but often difficult steps.
The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijjani, who spoke on behalf of cabinet members, recounted his appointment under the President despite prior activism.
He added that a senior World Bank official had recently described Tinubu as “the best reformist leader in Africa today.
”One of the President’s childhood friends, Professor Shaffideen Amuwo, recalled their early years, attributing Tinubu’s rise to divine providence.
Amuwo said, “Our relationship did not just start in Chicago; we played soccer together as children. While I chose the library, my brother chose politics because he loved to speak.
“Today, Allah has shown His greatness by guiding him to lead Nigeria.
“The city of Chicago, founded by a Black man, has educated the man who now leads the most populous Black nation on earth. I pray that Allah continues to hold his hand and guide him as he works to save our country.
”For his 73rd birthday, Tinubu thanked guests and supporters who have stood by him through periods of doubt and adversity, reaffirming his resolve to steer Nigeria toward stability and growth.
Saturday night’s event was attended by the First Lady, Senator Oluremi Tinubu; Vice President Kashim Shettima and his wife, Nana; members of the Federal Executive Council; principal officers of the National Assembly; current and former governors; diplomats; business leaders; religious figures; and several of the President’s childhood friends.
The Imam of the National Mosque, Abuja, Dr. Abdulkadir Sholagberu, led prayers seeking divine guidance for the President and the nation.
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