Nigeria’s Vice President, Prof. Yemi Osinbajo (SAN) has counseled vitality conglomerate, Sahara Group for being “an incredible ambassador for the Nigerian entrepreneurial model.”
Talking at a digital occasion to commemorate Sahara Group’s twenty fifth anniversary, Prof. Osinbajo mentioned Sahara embodies the enterprising and transformative spirit that makes Nigeria a exceptional nation. “Sahara Group has demonstrated daring, revolutionary, knowledge-driven enterprise fashions which can be designed to grab alternatives in different nations and have finished so with exceptional success in lots of African nations,” he mentioned.
Established as an oil buying and selling entity in 1996, Sahara Group now has operations in over 42 nations in Africa, Asia, Europe and the Center East, with nearly 5000 workers. Sahara operates the biggest privately run energy enterprise in sub-Saharan Africa via its funding in era and distribution property within the energy sector.
Govt Director, Sahara Group, Kola Adesina, mentioned the vitality conglomerate remained happy with its wealthy Nigerian and African heritage which has given Sahara the impetus to innovate via challenges to change into a world participant. “Sahara Group is already looking forward to a future that can be pushed by expertise, Synthetic Intelligence and renewable vitality options to reinforce entry to vitality and environmental sustainability,” he added.
Prof. Osinbajo famous that the final twenty years have introduced vital progress of Nigerian oil corporations “from the times when Nigerian corporations had been primarily invested within the downstream sector to a scenario now the place now we have Nigerian corporations within the downstream, midstream and the upstream.”
“Nigerian corporations have proven capability in operations and financing of oil and fuel property. Inside this group of patriotic native buyers, Sahara has persistently blazed the path as trade leaders in not simply the Petroleum sector, however within the Energy sector as effectively,” he added.
Whereas congratulating the Sahara Staff for its 25 years of achievements within the vitality trade, the VP wished them extra exceptional 25 years forward, whilst he urged the group and different indigenous vitality corporations to reap the benefits of the alternatives provided by the African Continental Free Commerce Agreements.
In accordance with the Vice President, the following 25 years can be outlined for the vitality trade reiterating the necessity for a simply transition to zero-emission, in addition to extra advocacy to cease the defunding of fuel and fossil gasoline initiatives in creating nations.
Different audio system on the occasion included the President of the Democratic Republic of Congo, Mr Felix Tshisekedi and President of the African Improvement Financial institution, Dr Akinwumi Adesina; whereas company included the Director-Basic of Bureau of Public Enterprises, Mr Alex Okoh, and different high authorities officers.