Indigenous and integrated energy company Ardova Plc said its leading the charge towards a multi-energy future in Nigeria, positioning itself to address the country’s diverse energy needs while prioritizing sustainability and environmental responsibility.
The company’s managing director Moshood Olajide disclosed this at a media parley on thursday in Lagos. While he outlined the Company commitment to energy transition, acknowledging the growing global shift towards cleaner, more efficient energy solutions.
According to him, the company is blending solar, gas, diesel, and petrol in a strategic plan that aims to navigate future disruptions in the energy market.
He emphasized the increasing pressure on businesses to mitigate their environmental impact, particularly in light of climate change and pollution concerns.
“While energy transition in Nigeria is expected to take longer due to the need for a ‘just transition,’ the country’s abundant sunshine makes solar energy particularly promising, especially in the northern regions.
“This shift is essential in addressing the visible effects of climate change in Nigeria, including floods and changing rainfall patterns” said Olajide.
He pointed out that, Ardova Renewables, is spearheading the company’s solar energy investments as the subsidiary plans to solarize retail locations and provide solar-powered kits to small households in rural communities.
Chief Strategy Officer Abdul Hakeem Buhari says Ardova Renewables is set to collaborate with commercial and industrial clients to provide industrial-level grid connections, thus ensuring a diverse energy portfolio.
Responding to questions around energy transition, Olajide said, “As a business, we believe fundamentally in energy transition. And you know why? Because it would be stupid of a business of our scale to pretend like we don’t understand the impact of businesses on the environment; and how there’s been a global shift away from polluting the environment or making the environment unlikely to be available for our children.
Adding that “And we’re already seeing the impact. You can see the floods that are happening in Nigeria. You can see the altered rain patterns and things that are happening. This is the period, maybe like a month or two ago, we should have had a lot of food in the market,”
“We are the only downstream energy company with a full slate of products in the market and will continue to solidify its position in the industry. We will continue to scale and prioritize delivering excellent service to our customers (internal and external),” .
Ardova has also made significant investments in infrastructure, including the largest LPG storage facility in West Africa and the largest LPG spheres in Nigeria.
Ardova Plc is a leading indigenous player in the downstream Oil, Gas, and integrated Energy sector. With a network of over 450 stations spread across the six geographical zones of Nigeria.
