Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has released its 2024 Sustainability Report, reaffirming its commitment to environmental stewardship and sustainable energy solutions. The report highlights a landmark achievement, marking a 30.5% reduction in carbon emissions across customer locations, which represents the offset of approximately 734,500 tonnes of CO₂. This milestone reflects the growing shift of Nigerian industries toward natural gas as a cleaner, more sustainable alternative to liquid fuels.
The report highlights sustained growth in industrial natural gas utilisation, driven by Axxela’s proactive management of strategic partnerships and strong operational resilience. This progress underscores the company’s ability to deliver a reliable energy supply for its expanding customer base while contributing to Nigeria’s broader energy transition goals.
During the year under review, Axxela also strengthened its infrastructure footprint through strategic investments in pipeline expansion, enhancing energy access for industries and commercial entities. Key milestones include the commissioning of piped natural gas to Eko Atlantic, the completion of the Sagamu Phase 3 pipeline system, and new customer connections to major industrial customers, such as Nigerian Breweries Limited in Ijebu-Ode, BUA IRS 2, and the Plaster of Paris Plant in Port Harcourt. All projects were executed in line with IFC Performance Standards, reinforcing a culture of operational excellence and bringing our cumulative Lost Time Injury (LTI)-free man-hours to over 8.63 million as of 2024.
Commenting on the company’s performance, Timothy Ononiwu, Group Chief Executive Officer of Axxela, said, “The report highlights the significant progress we achieved over the past year, demonstrating our commitment to purposeful advancement that balances commercial success with positive environmental and social impact. At Axxela, true progress goes beyond energy delivery; it is about creating long-term value through innovative energy solutions, safeguarding our planet, and enabling sustainable growth”.
“Notably, we continue to play a pivotal role in supporting the Federal Government’s Decade of Gas initiative, actively contributing to Nigeria’s energy transition agenda, which seeks to harness the country’s abundant natural gas resources for sustainable economic growth.”
The 2024 Sustainability Report reaffirms Axxela’s commitment to powering Africa’s future responsibly by expanding access to cleaner, more reliable energy and integrating sustainability across its operations. The company continues to demonstrate industry leadership through governance, environmental stewardship, and innovation in service delivery.
About Axxela
Axxela Limited, a company co-owned by Helios Investment Partners and Sojitz Corporation, is the pioneer private sector developer of natural gas solutions in Nigeria, with proven expertise in captive power generation. Axxela is a designated natural gas shipper on the West African Gas Pipeline (WAGP) and a member of the West African Power Pool (WAPP), delivering natural gas to about 200 industrial and commercial customers via a vast natural gas infrastructure network. With over 400km of natural gas pipeline infrastructure built, Axxela provides unique energy solutions primarily through its subsidiaries: Gaslink Nigeria Limited, Gas Network Services Limited, Central Horizon Gas Company Limited, Transit Gas Nigeria Limited, and other Strategic Business Units.
For more information, please contact:
Omolara Shitu
Corporate Communications & Branding Manager
17A The Wings Office Complex
Ozumba Mbadiwe Avenue. Victoria Island. Lagos Nigeria
Email: oshitu@axxelagroup.com
