Axxela Commissions $30m Greater Lagos IV Gas Pipeline Network

Axxela Limited, has officially commissioned its Greater Lagos IV (GLIV) gas pipeline network and the newly renovated Elegbata Sports Complex.

Greater Lagos IV (GLIV) is Axxela’s gas pipeline network, developed by its Gaslink Nigeria Limited subsidiary in partnership with the Nigerian Gas Marketing Company (NGMC).

Spanning from Ijora through Lagos Island’s Marina axis, the $30 million pipeline would supply gas to commercial and industrial off-takers along its route, and already has First Power and Island Power amongst its customers.

Speaking at the event, Axxela chief operating officer, Rasheed Olaoluwa commented, “This occasion demonstrates our continued contribution to the growth of Lagos State’s burgeoning socio-economic landscape, and also reinforces Axxela’s commitment as trailblazers in the distribution of natural gas to industries, and we are immensely proud of this pioneering effort.

“There remains a considerable demand for power generation, and this pipeline extension project will revitalise industrial development across the metropolis. We are also delighted to commission the sports complex, affirming our promise and always-on engagement of host communities in our areas of operation.”

The Lagos Sports Commission chairman, Dr. Kweku Adedayo Tandoh, representing the Lagos State governor, Akinwunmi Ambode, applauded Axxela for the initiative and its role in boosting economic development in the state. He noted, “I would like to thank Axxela for developing this sports facility which indicates its firm commitment to the welfare of its host communities.