Inaugural Supplier Forum To Promote Operational Efficiency In Energy Sector


As the issue of energy lingers, the inaugural Supplier Forum of Aradel Holdings Plc, is looking to promote operational efficiency in the energy sector, thus stressing the need for collaboration in building and maintaining sustainable partnerships.

The forum, which was held on March 27, 2024, in Lagos also recognised outstanding partners and celebrated their excellence, innovation, and unvavering commitment to the company.

The forum was themed ‘Building Sustainable Partnerships,’ and the inaugural Supplier Forum served as a platform to update the suppliers of the company’s future plans, core values (accountability, resilience, adaptability, diversity, excellence and leadership), and the pillars of Aradel’s operations being resource development, operational excellence, capital discipline, and innovation.

Aradel Holdings PLC encouraged its suppliers to partner with the company as it pursues excellence in operations, waste elimination, competence and capacity development, and utilisation of technology to create value as it grows its production and reserves. This will in turn align with Aradel Holdings’ vision to become the leading African energy company that delivers sustainable energy solutions to support the growth of the economy.

In his address, the general manager, Commercial, Mr. Lanre Daramola, said: “The theme reflects the significance of this event to us. As we build with our partners, it shows that there is a focused energy around achieving an outcome. We are not just building for the present but also for the long term and partnership is important to us attaining this goal.

“We all come with different set of skills, but can harness that collective energy to achieve great outcomes for our shareholders, the business, and Nigeria as a whole.”

The event witnessed award presentation across various categories, including the CEO Excellence Awards, Supplier of the Year Awards, Most Innovative Supplier Awards, and Best Performing Community Supplier Awards.

The CEO Excellence Award category winners were VGA Services Ltd., C2G Consulting, Ikosh Nig Ltd., Bloomfield Law Practice, and Oasis Corporate Systems Ltd. Winners in the Supplier of the Year Award were Sola Abulu and Associates, and Harmony Steel Construction Co. Ltd.

The winners in the Most Innovative Supplier Awards were Geoplex Drillteq Ltd, and Edemon Engineering Ltd, while the Award for the Best Performing Community Suppliers were won by Lauramac Nig. Ltd, and Edemon Engineering Ltd. Two suppliers, Finesse Events and Services, and BLU Flamingo Media Ltd also received special recognition awards for their role in Aradel’s rebranding journey.

The inaugural Supplier Forum reaffirmed Aradel Holdings’ commitment to foster collaborative and mutually beneficial relationships with its strategic partners that contribute significantly to its operations.

In sustaining these partnerships, the company aims to leverage the expertise, resources, and capabilities of its partners in driving innovation, efficiency, and growth.











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