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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.
News
BREAKING: Pope Francis dies at 88

Pope Francis has died at the age of 88.
The Vatican confirmed that the pontiff passed away on Easter Monday at his residence in the Casa Santa Marta within Vatican City.
Camerlengo of the Apostolic Chamber, Cardinal Kevin Farrell, announced the death of Pope Francis from the Casa Santa Marta on Monday morning.
Farrel said the Pope died at exactly 7.35am.
His death comes hours after he greeted Catholic faithful who were at the Vatican on Sunday for the Easter mass.
The announcement by Cardinal Farrel read, “Dearest brothers and sisters, with deep sorrow, I must announce the death of our Holy Father Francis.
“At 7:35 this morning, the Bishop of Rome, Francis, returned to the house of the Father.
“His entire life was dedicated to the service of the Lord and of His Church. He taught us to live the values of the Gospel with fidelity, courage, and universal love, especially in favour of the poorest and most marginalised.
“With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the One and Triune God.
”It would be recalled that Pope has been undergoing recovery after he was discharged from the Agostino Gemelli Polyclinic Hospital.
After 38 days in hospital, the late Pope returned to his Vatican residence at the Casa Santa Marta to continue his recovery.
The Pope was admitted on Friday, February 14, 2025, after suffering from a bout of bronchitis for several days.
Pope Francis’ clinical situation gradually worsened, and his doctors diagnosed bilateral pneumonia on Tuesday, February 18.
In 1957, in his early 20s, Jorge Mario Bergoglio underwent surgery in his native Argentina to remove a portion of his lung that had been affected by a severe respiratory infection.
As he aged, Pope Francis frequently suffered bouts of respiratory illnesses, even cancelling a planned visit to the United Arab Emirates in November 2023 due to influenza and lung inflammation.
In April 2024, the late Pope Francis approved an updated edition of the liturgical book for papal funeral rites, which will guide the funeral Mass, which has yet to be announced.
The second edition of the Ordo Exsequiarum Romani Pontificis introduces several new elements, including how the Pope’s mortal remains are to be handled after death.
The ascertainment of death takes place in the chapel, rather than in the room where he died, and his body is immediately placed inside the coffin.
According to Archbishop Diego Ravelli, Master of Apostolic Ceremonies, the late Pope Francis had requested that the funeral rites be simplified and focused on expressing the faith of the Church in the Risen Body of Christ.
“The renewed rite,” said Archbishop Ravelli, “seeks to emphasise even more that the funeral of the Roman Pontiff is that of a pastor and disciple of Christ and not of a powerful person of this world.”
News
JUST IN: Senate shifts resumption to May 6

The leadership of the 10th Senate has announced a shift in the date of its resumption.
The earlier date for resumption was fixed for April 29, 2025.
However, the new date has been adjusted to May 6.
The announcement was contained in an internal memo dated April 20, 2025, addressed to all senators and signed by the Senate Clerk, Andrew Ogbonna Nwoba.
The postponement was hinged on the International Workers’ Day public holiday, which is celebrated on May 1 and for the lawmakers to take their time to attend to key constituency engagements.
The circular reads, “Distinguished Senators, I am directed to inform you that the resumption of plenary sittings of the Senate, earlier scheduled for Monday, 29th April 2025, has been rescheduled to Tuesday, 6th May 2025.
“This postponement is made to allow Distinguished Senators to stay with their constituents during the International Workers’ Day public holiday in the first week of May and to further enhance constituency engagements.
“Distinguished Senators are kindly requested to take note of this postponement while regretting any inconvenience the change might have caused.”
Recall that the Senate had on March 27 adjourned the plenary to allow lawmakers to observe the Easter and Eid-El-Fitr holidays.
News
Judgment analysis: Report me to LPDC, Falana dares Wike

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has dared the Minister of the Federal Capital Territory, Nyesom Wike, to report him to the Legal Practitioners’ Disciplinary Committee over his (Falana’s) analysis of the Supreme Court judgment on the Rivers State politucal crisis.
Falana, in a statement on Sunday, titled “I Did Not Lie Against the Supreme Court of Nigeria,” accused Wike of trying in vain to incite the Supreme Court against him.
The SAN said contrary to Wike’s claim, he did not lie or misrepresent the Supreme Court’s decision concerning the defection of 27 members of the Rivers State House of Assembly.
Falana dismissed Wike’s claims as “spurious and tendentious in every material particular,” accusing the minister of attempting to incite the apex court against him.
Wike had publicly criticised Falana during a press conference in Abuja, asserting that the senior lawyer misrepresented the Supreme Court’s ruling on Channels TV.
Wike said, “If someone of Femi Falana’s calibre can go on national television and lie, it’s very serious. Lies can cause a lot of crises.
”In response, Falana explained, “Mr. Wike subjected me to another scurrilous attack in a press conference, where he alleged that I lied about the defection status of certain legislators during my appearance on Channels TV.”
He added that the issue of the lawmakers’ defection was still pending before the Federal High Court in Port Harcourt when the Supreme Court made its ruling.
Falana clarified, “I did not lie against the Supreme Court in respect of the judgment in question.
All I said was that the matter of the defection of the 27 legislators was raised suo motu and determined by the eminent Justices of the apex court.
”He further asserted that there were video tapes and a sworn affidavit in which the lawmakers confirmed their defection from the Peoples Democratic Party to the All Progressives Congress.
Falana emphasised that his right to criticise court judgments is protected by both the Nigerian Constitution and international human rights law.
“My fundamental right to criticise the decisions of courts is guaranteed by Section 39 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), and Article 9 of the African Charter on Human and Peoples’ Rights,” he said.
The SAN accused Wike of hypocrisy, pointing out that the minister has a history of attacking judges when rulings do not align with his political views.
Falana added, “Unlike Mr. Wike, who calls judges names whenever they disagree with his politics of opportunism, I have always criticised the judgments of domestic and regional courts with utmost decorum and in good faith.”
He referenced a famous statement by the late Justice Oputa in the Adegoke Motors Limited v. Dr. Babatunde Adesanya case: “We are final not because we are infallible; rather, we are infallible because we are final,” highlighting the judiciary’s openness to criticism.
Falana also quoted former Chief Justice of Nigeria, Ibrahim Tanko Muhammad, who once said, “You have the responsibility of drawing our attention to where things are going wrong or on the verge of going wrong.
”Falana challenged Wike to take legal action if he believed Falana had breached professional conduct.
“Since he has become the unsolicited defender of the judiciary, I challenge him to report me to the Legal Practitioners Disciplinary Committee for professional misconduct,” Falana said.
On the issue of legislative defection, Falana warned that the Supreme Court’s recent stance—requiring proof of defection through a party’s membership register—could embolden “unpatriotic politicians to justify political prostitution in Nigeria.
”He urged the court to adhere to its earlier rulings, such as in Attorney-General of the Federation v. Abubakar and Abegunde v. Ondo State House of Assembly, where it ruled that legislators who defect automatically lose their seats.
Falana concluded that Wike’s attempts to discredit him had failed.
“It is indubitably clear that the allegation leveled against me by Mr. Wike is spurious… He has failed in his desperate bid to incite the Justices of the Supreme Court against me without any basis whatsoever.
”In a recent media outburst, Wike taunted Falana for losing a case he had won at the Supreme Court, dubbing him “a television lawyer.”
Falana chose not to engage with Wike’s comments at the time, stating, “Mr. Wike is the only life bencher in Nigeria who has never handled a case in any trial court or appellate court.
”Falana further added, “It is no crime if a lawyer loses a case in any court. Only a corrupt lawyer wins all cases in all courts.”
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