By Modupe Gbadeyanka

To promote circular economy and sustainable future, a leading pan-African investment company, Heirs Holdings, has joined forces with a climate technology and recycling company, GIVO Africa, to address plastic waste in society.

The strategic partnership is to foster sustainable practices that minimise waste and maximise resource efficiency.

The Group Sustainability Officer at Heirs Holdings, Clari Green, said, “At Heirs Holdings, we believe in a shared destiny with our local communities—businesses have a responsibility to drive sustainable solutions that create lasting economic and environmental impact.

“This initiative reinforces our commitment improving lives and driving meaningful transformation across our continent.”

Also, the chief executive of GIVO Africa, Victor Boyle-Komolafe, expressed the excitement of his organisation to work with Heirs Holdings, which has presence in the the power, energy, financial services, hospitality, real estate, healthcare and technology sectors.

“We are excited to join forces with Heirs Holdings in tackling plastic waste and promoting a circular economy in Africa.

“By leveraging our expertise in climate technology and community engagement, we are confident that this partnership will contribute significantly to environmental conservation while fostering economic opportunities,” he stated.

Heirs Holdings says its collaboration with GIVO Africa aligns with its vision to lead in sustainable business practices, integrating sustainability into its corporate strategy to tackle environmental challenges while fostering meaningful social impact.

Over the past 15 years, the company’s impact-driven approach has been instrumental in shaping Africa’s business landscape, underscoring its commitment to long-term, sustainable development.

Guided by its Africapitalism philosophy, Heirs Holdings has championed inclusive growth by investing in businesses that drive economic transformation, generate employment, and uplift communities across the continent.

By Adedapo Adesanya

The Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, will speak at the Invest in African Energy (IAE) Forum set to hold in Paris in France this May.

The minster will offer insights into Nigeria’s strategy to leverage its natural gas resources for long-term development.

According to a statement on Friday, as a key decision-maker shaping Nigeria’s gas policies, Mr Ekpo’s participation will provide valuable perspectives on the country’s current gas-focused investment opportunities, relevant regulatory reforms and role within Nigeria’s energy mix.

Nigeria remains one of Africa’s most attractive energy investment destinations and is targeting $10 billion in deepwater gas exploration investments through tax incentives and new policy measures.

“The country is prioritizing gas as a transition fuel, with major developments underway to expand both domestic and export infrastructure, alongside plans to auction undeveloped oil and gas blocks to accelerate exploration and production,” the statement added.

Part of the moves include TotalEnergies’ $500 million Ubeta onshore field development which is set to begin production in 2027 to supply gas to the Nigeria LNG plant. The company is also planning to sanction the $750 million Ima dry gas project this year to further boost LNG supplies.

Other recent milestones include Shell’s sale of its Nigerian onshore subsidiary, signaling a shift toward greater local participation in the sector.

IAE 2025 is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers.

Nigeria is also advancing several major pipeline projects to expand its gas sector and strengthen regional energy security and export capacity.

The Nigerian National Petroleum Company (NNPC) Limited is also undertaking a $1.2 billion rehabilitation of the Obiafu-Obrikom-Oben (OB3) gas pipeline to enhance gas supply for power generation and industrial use.

Last month, Nigeria, along with the governments of Algeria and Niger, signed agreements to accelerate the implementation of the Trans-Saharan Gas Pipeline project, which aims to transport Nigerian gas through Niger and Algeria to Europe.

Agreements for the construction of the Nigeria-Morocco gas pipeline, which would connect West African markets to European demand by running along the Atlantic coast through several countries, are also expected to be signed in 2025.

As Nigeria places renewed focus on monetizing its more than 200 trillion cubic feet of proven gas reserves, Mr Ekpo’s participation at IAE 2025 comes at a pivotal moment for the country’s gas industry.

“His participation will offer critical insights into Nigeria’s investment climate, ongoing infrastructure projects and how global stakeholders can engage with local ministries, regulators and the evolving gas market to advance the energy transition while securing energy supplies,” the statement added.

By Modupe Gbadeyanka

Mr Samuel Anyanwu has been reinstated as the National Secretary of the People’s Democratic Party (PDP) by the Supreme Court.

In a judgement on Friday, the apex court nullified the judgement sacking of the former federal lawmaker from the position.

Mr Anyanwu, who represented Imo East Senatorial District at the National Assembly from 2015 to 2019, had been at loggerheads with Mr Udeh-Okoye over the position of the opposition party’s scribe.

He had been the National Secretary of the PDP since November 2021,but was removed from office on December 20, 2024, by a Court of Appeal.

He challenged this judgement of the appellate court and today, the Supreme Court nullified the decision of the lower court, returning him to the position.

The apex court held that the plaintiff (now 1st defendant) had no jurisdiction to file the suit as the suit was within the internal affairs of a political party, emphasising that, “Jurisdiction is very important, hence the trial court and the court below were wrong to rule on the merits of a matter they had no jurisdiction in the first place.”