Indigenous gas & power portfolio company Axxela Limited has put into operation 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 multi-million dollar pipeline will supply gas to commercial and industrial off-takers along its route, and already has First Power and Island Power among its customers.
The firm’s Chief Operating Officer (COO), Rasheed Olaoluwa, said: “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.
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 said: “I would like to thank Axxela for developing this sports facility, which indicates its firm commitment to the welfare of its host communities. This project is a welcome development for denizens of Elegbata, which signifies the many possibilities that abound from public and private partnerships and the significance of sports in the community. The Lagos State Government is steadfast in the provision of world class facilities under the umbrella of tourism, entertainment, hospitality, and sports excellence together.”