Reimagining Energy: How FUPRE Energy Business School Is Shaping Africa’s Energy Future

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Reimagining Energy: How FUPRE Energy Business School Is Shaping Africa’s Energy Future

The energy sector is undergoing the most significant transformation in its history. Around the world, sustainability, innovation, and digital transformation are redefining how energy is produced, distributed, and managed. In Nigeria and across Africa, the challenge is even greater — not just to transition, but to lead.

This is the vision behind the FUPRE Energy Business School (FUPRE-EBS), as unveiled in the Maiden Edition of EBS Spotlight – November Newsletter EBS Spotlight Newsletter (Novem…

A New Era for Petroleum and Energy Leadership

In the lead editorial, “Reimagining Energy: Innovation and Resilience in the Petroleum Sector”, Professor J. A. Ajienka challenges the outdated narrative that pits oil against renewables. Instead, he presents a pragmatic future — one driven by integration, innovation, and intelligence.

The petroleum industry, he explains, is not dying — it is transforming:

  • Oil companies are investing in hybrid energy systems including solar, wind, and hydrogen.
  • AI and data analytics are being deployed for carbon tracking and prediction.
  • Circular economy practices are redefining the lifecycle of petroleum through recycling and carbon capture.
  • Blockchain is improving accountability in oil trading and shared asset management.

The message is clear:

The future of energy is not about abandoning petroleum — it’s about transforming it.

Leadership With Purpose: A Vision from the Director

In his welcome address, Dr. Akinloye Benjamin Olabisi, Ag. Director of FUPRE-EBS, frames the school as a bridge between academia, industry, and governance. His vision is bold — to build not just graduates, but global energy leaders.

He highlights the school’s unique positioning at the intersection of:

  • Traditional oil and gas
  • Renewable energy
  • Environmental sustainability
  • Policy and governance
  • Community engagement

FUPRE-EBS is designed not merely to teach — but to equip leaders for the global energy transition.

The Triple Helix Plus Model: A New Educational Framework

What truly differentiates FUPRE-EBS is its foundation on the Triple Helix Plus Model — an advanced approach where:

  • Academia
  • Industry
  • Government
  • Civil society

…work together to drive innovation and economic development.

Within just one year, the institution has emerged as a centre of excellence, strengthened by partnerships with industry leaders including:

  • ENTEK Energy Hub
  • CypherCrescent
  • PetroNet Africa

The school also joins a prestigious lineage of petroleum economics institutions across West Africa, representing the fourth generation of petroleum and energy leadership under the mentorship of Professor Wumi Iledare.

Learning Where Knowledge Meets Reality

One feature emphasized in the newsletter is how FUPRE-EBS bridges theory and practice.

According to student testimonials:

“The professors and industry professionals have given me tremendous knowledge.” – Engr. Godfrey (Zimbabwe)

“The interaction between industry and academia here is exceptional.” – Engr. Duruji Elvis

Courses go beyond textbooks into real-world energy systems, leadership training, and business models used by global energy firms.

Tackling Oil Theft: A National Conversation

One of the most powerful pieces in the publication addresses oil theft — a long-standing national problem.

Professor Wumi Iledare reports a massive reduction in crude oil theft:

YearEstimated Loss
202137.6 million barrels
20244.1 million barrels
2025 (Jan–Jul)2.04 million barrels

This represents a 94% improvement since the peak crisis.

Reforms driving this change include:

  • Petroleum Industry Act (PIA) implementation
  • Pipeline surveillance
  • Host community engagement
  • Improved metering and audits

The takeaway?

Oil theft is not just an economic problem — it is a moral failure that punishes future generations.

Inside the Curriculum: Building Tomorrow’s Energy Executives

FUPRE-EBS delivers training across six strategic pillars:

1. Economics

Energy, petroleum, mineral, and water economics.

2. Policy

Energy and resource governance frameworks.

3. Management

Strategic leadership for energy enterprises.

4. Financing

Project finance and investment analysis.

5. Innovation

Technology, leadership, and knowledge systems.

6. Development

Digital economy and sustainable growth.

Programs offered include:

  • Postgraduate Certificates
  • Diplomas
  • Master’s
  • Doctorates
  • Professional certifications

Delivery is hybrid: Face-to-face + Virtual, ensuring accessibility across regions.

Vision, Mission & Values

Vision

To be Africa’s leading centre of excellence in energy education.

Mission

To build sustainable societies through energy, leadership, and talent development.

Values

Integrity, Professionalism, Service, Respect, Community.

The Bigger Picture

FUPRE-EBS is not just an institution.

It is:

✅ A thought-leadership engine
✅ A policy think-tank
✅ A leadership incubator
✅ A transition hub for Africa’s energy future

Its goal is clear:
Not just to train students — but to transform nations.

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