Axxela boss identifies major constraints to sustainable gas development

The major issues that have hitherto affected the sustainable development and growth of the infrastructure needed for the domestic gas sector can be aggregated into market readiness, supply assurance, policy and regulation, suitability of financing, and execution discipline.

This was the view of Bolaji Osunsanya, chief executive officer of Axxela Limited who delivered a keynote address titled “Actualising Gas Infrastructure Development; Untangling the Bottlenecks” at the just  concluded Nigeria  Gas Association conference and exhibition  at Abuja said the challenges are significant and might seem daunting; nevertheless, given the imperatives of the gas policy and the significance of gas infrastructure development to the achievement of its objectives, we must confront the challenges head on.

According to him the time to act is now and these solutions must be locally-owned and driven.  “I trust that all stakeholders within the gas sector will endeavour to collaborate effectively towards ensuring the accelerated development of gas infrastructure across the region.”

Osunsanya was also presented with the NGA Leadership Award in recognition of his exemplary leadership during his tenure as the NGA president from 2014-2016.

Speaking on the awards received, he said: “It is an honour and a pleasure to be recognized for our sustained efforts in spurring economic empowerment and industrialisation across the region, particularly Nigeria, through our business enterprise.

We must also commend the NGA for its proactive approach in advocating the gas advantage, engaging key stakeholders on opportunities to anticipate and bolster legislation and policies, and promoting investment in the Nigerian gas sector.”

Olusola Bello