Ardova Plc Pledges Steady Investment In Nigeria
BY CHINYERE OBIORA, LAGOS – A leading Nigeria energy company, Ardova Plc (AP), has expressed commitment to sustain its investment in Nigeria, maintaining that it has no option but to stay glued to the country.
According to its Managing Director, Moshood Olajide, after operating in Nigeria for about 60 years, the company needs to consolidate its investment and develop products that will meet the demand of customers.
Olajide, who spoke at a press conference in Lagos, said the company will continue to invest across Nigeria, especially in technology to enhance efficiency and improve its operations to sustain productivity and profitability levels in the nation’s energy sector.
He said the Company is blending solar, gas, diesel, and petrol in a strategic plan that aims to navigate future disruptions in the energy market, adding that with the nation embracing its “Decade of Gas” initiative, Ardova is poised to harness the potential of Liquefied Petroleum Gas (LPG) to drive small business growth, enhance energy efficiency, and alleviate environmental challenges linked to traditional fuels.
Also speaking at the event, Chief Strategy Officer (CSO) of Ardova Plc, Abdul Hakeem Buhari boasted of the Firm’s $500 million state-of-the-art terminal in Lagos, stressing that this is a feat that positions Ardova as a leader in West Africa’s energy infrastructure.
He said the facility can store 30 kilotons of LPG and meets 60 percent of Nigeria’s domestic demand, signaling an unprecedented opportunity to transform both industry and households nationwide.
Buhari said with the nation embracing its “Decade of Gas” initiative, Ardova is poised to harness the potential of LPG to drive small business growth while consistently driving to change the face of operations and impact in Nigeria’s energy sector.
