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Aradel Holdings Wins Best Fully Integrated Energy Company of the Year 2023 Award 

William Emmanuel Ukpoju

In a resounding victory at the 7th edition of the Nigeria International Energy Summit (NIES) 2024 awards, Aradel Holdings PLC emerged as the recipient of the prestigious Best Fully Integrated Energy Company of the Year Award for 2023. The announcement, made amidst a gathering of industry luminaries and stakeholders, marked a momentous occasion for the company and underscored its exemplary performance and commitment to excellence within the energy sector.

Accepting the award, Gbite Falade, Managing Director and CEO of Aradel Holdings PLC expressed gratitude for the recognition, attributing the company’s success to its unwavering dedication to technical proficiency, profitability, cutting-edge technologies, strategic partnerships, and stringent adherence to safety standards. Falade emphasized Aradel’s steadfast commitment to delivering sustainable energy solutions that foster economic growth and development.

Highlighting the company’s future endeavours, Falade announced Aradel’s forthcoming listing journey on the Stock Exchange, a strategic move aimed at enhancing visibility, access to capital, and overall market presence. Additionally, he revealed plans for the commissioning of the company’s Petroleum Motor Spirit (PMS) train in the course of 2024, signaling a significant expansion of Aradel’s infrastructure and operational capabilities.

The award ceremony, graced by the presence of Sen. Heineken Lokpobiri Ph.D., the Minister of State for Petroleum Resources (Oil), further underscored the significance of Aradel Holdings PLC’s achievements within the energy industry. Sen. Lokpobiri’s presence lent additional credence to the accolade, highlighting the company’s recognition by key governmental and industry figures.

Aradel Holdings PLC’s triumph at the NIES energy industry awards serves as a testament to its leadership, innovation, and steadfast commitment to advancing the energy landscape in Nigeria and beyond. With ambitious growth plans and a clear focus on sustainability and resilience, the company is poised to continue making significant contributions to the energy sector, driving progress and prosperity for years to come.