NEWS
Transform Nigeria to Energy Hub of Africa – Heritage Energy
Mr Ado Oseragbaje, Chief Executive Officer, (CEO), Heritage Energy Operational Services Limited (HEOSL), has called on Federal Government to use its comparative advantage and work to position Nigeria as the energy hub of Africa.
Oseragbaje made the call at the ongoing Nigeria Annual Conference and Exhibition of the Society of Petroleum Engineers in Lagos.
He said as an energy expert, Nigeria could leverage on its qualified lead and work to achieve the success for the country and place the nation higher among comity of nations.
Mr Sola Adebawo General Manager, Govt. JV & External Relations, HEOSL said the CEO was speaking during a brief remark at the opening of the topical issues panel discussion at the conference.
The HEOSL CEO said “With the world seeking to transition to zero net emission by 2050, it was a matter of existential imperative for the Nigerian energy industry to appropriately contextualise its place in the fast-evolving scheme of things.
“At Heritage Energy Operational Services Limited (HEOSL) we believe the Nigerian industry holds a prime place in the global energy landscape.
“It is our expectation that today’s discussions will explore thoughts and ideas on how to best make the Nigerian industry realize its fullest potentials.”
HEOSL is the operator of OML 30 Joint Venture between the Nigeria Petroleum Development Company (NPDC) and Shoreline Natural Resources Limited (SNRL).
He called on industry players to engage in open minded conversations on how best to position the Nigerian energy industry for sustainable profitability and relevance in the global energy space.
The Kano State Police Command has refuted reports circulating on social media about an alleged attack on an 18-seater passenger bus in the state, calling the claims false and misleading.
In a statement issued on Saturday, the Command’s spokesperson, SP Abdullahi Kiyawa, dismissed the reports and urged the public to disregard them.
“The report is completely false and misleading. There was no such attack, and the public should not be misled by unverified information circulating online,” Kiyawa stated.
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He reassured residents of the police command’s commitment to maintaining law and order, ensuring public safety, and fostering peaceful coexistence among diverse communities.
To address the spread of misinformation, the police have launched an investigation to identify the source of the false report. Authorities warned that those responsible would face consequences.
“The command urges the public to refrain from spreading unverified information that can incite fear, panic, and unrest in society,” Kiyawa added.
The police also advised citizens to rely on credible sources for information and avoid sharing unverified claims that could cause unnecessary alarm.
Saudi Arabia has announced the sighting of the Shawwal crescent moon, confirming that Eid al-Fitr will be observed on Sunday, March 30, 2025.
The announcement was made on Saturday via Haramain’s official Facebook page, stating, “The crescent moon for the month of Shawwal 1446 was sighted in Saudi Arabia. Therefore, Eid Al Fitr will be celebrated on Sunday, March 30, 2025.”
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Eid al-Fitr marks the end of Ramadan, the Islamic holy month of fasting and prayer, and is celebrated with communal prayers, festive meals, and acts of charity.
With Saudi Arabia’s confirmation, many countries that align their Islamic calendar with the kingdom are expected to follow suit, while others may conduct their own moon sightings to determine the date of the festival.
Muslims worldwide are preparing for the celebrations, which include special prayers, family gatherings, and the giving of alms, as part of Islamic tradition.
The International Monetary Fund (IMF) has named Tony Elumelu, Founder and Group Chairman of Heirs Holdings, to its newly formed Advisory Council on Entrepreneurship and Growth.
The council, convened by IMF Managing Director Kristalina Georgieva, is tasked with addressing regulatory barriers to entrepreneurship and shaping policies that foster innovation, resource allocation, and private sector-led economic expansion.
A statement confirming Elumelu’s appointment was released on Friday, highlighting his influence as a strong advocate for entrepreneurship in Africa.
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Through the Tony Elumelu Foundation, he has provided funding, mentorship, and training to over 25,000 African entrepreneurs since 2015, championing the belief that private sector investments can drive the continent’s economic transformation.
“Elumelu will be instrumental in ensuring that Africa’s entrepreneurial potential is central to global economic policymaking,” the statement noted.
The IMF Advisory Council comprises global leaders from business, finance, and academia, including: Marc Benioff, CEO and Co-Founder of Salesforce, Ana Botín, Executive Chair of Banco Santander, Margherita Della Valle, CEO of Vodafone Group, Natarajan Chandrasekaran, Chairman of Tata Group, Robert Smith, Founder and CEO of Vista Equity Partners, HRH Reema Bandar Al-Saud, Saudi Ambassador to the U.S., Federico Sturzenegger, Argentine Minister of Deregulation and Professor Ufuk Akcigit, Economist, University of Chicago.
At the council’s inaugural meeting on March 26, 2025, Georgieva emphasized the significance of entrepreneurship in economic growth.
“The Council brings together a group of leading thinkers and practitioners in business, finance, academia, and policymaking to share their views and experiences on how macroeconomic and financial policies can provide a supportive environment for innovation, entrepreneurship, and productivity—key ingredients for a thriving private sector and strong economic growth,” she stated.
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