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Formerly | Oando Gas & Power Limited (2017) |
---|---|
Industry | Energy & Utilities |
Founded | 2000 |
Headquarters | Lagos, Nigeria |
Key people | Bolaji Osunsanya (CEO) |
Products | Natural Gas, Power, Energy Infrastructure Development |
Parent | Helios Investment Partners LLP |
Website | www.axxelagroup.com |
Axxela (formerly Oando Gas & Power Limited), is a natural gas value chain company that processes natural gas, transmission & distribution as well as power generation & distribution in Nigeria and West Africa. [1] [2]
Owned by Helios Investment Partners LLP and Sojitz Corporation company, [3] [4] it is headquartered in Lagos, Nigeria. [5]
It is one of the first indigenous private sector-led developers of natural gas distribution in Nigeria, which serves over 200 industrial and commercial customers via a vast network of natural gas infrastructure. [6]
Axxela is the first privately owned, independent company registered gas shipper on the West African Gas Pipeline (WAGP) [7] and in 2021 received the Energy Leadership Excellence Award of the Decade from the African Institute for Leadership Excellence. [8] [9]
The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 53rd-largest economy in the world in terms of nominal GDP, the fourth largest in Africa and the 27th-largest in terms of purchasing power parity.
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The West African Gas Pipeline is a natural gas pipeline to supply gas from Nigeria's Escravos region of the Niger Delta area to Benin, Togo and Ghana. It is the first regional natural gas transmission system in sub-Saharan Africa.
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Norrenberger Group is a financial services group based in Abuja, Nigeria. It was established in 2017 and offers financial advisory services to individual and corporate clients. According to its website, Norrenberger Group has four subsidiaries: International Energy Insurance Company, Norrenberger Pensions Limited, Norrenberger Advisory Partners Limited, and Norrenberger Asset Management Limited. The group has also received several awards from various organizations in the past three years including the coveted BusinessDay award.
Babs Omotowa was the former managing director of Nigeria Liquefied Natural Gas Limited (NLNG) and vice president of the Shell Global, and served on the board of the Nigerian Economic Summit Group.
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Charles Nwodo Jr. is a Nigerian entrepreneur. He is the chairman of XL Africa Group, a 6000-staff-member services group with operations in the West African sub-region, Europe, Asia and the United States of America. He is also the founder of Centre for Entrepreneurship Knowledge Exchange, and, Integrated Cash Management Services Limited, a cash processing firm. Nwodo is a fellow of the Chartered Institute of Stockbrokers; Chartered Institute of Bankers of Nigeria; and, International Association of Currency Affairs (IACA). He is a recipient of the Distinguished service award by Rotary International. Nwodo is the president of the Nsukka Professionals Association (NPA).
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