By Ejekwu Chidiebere
Energy Window International (Media) – At the ongoing Africa CEO Forum in Kigali themed “Scale or Fail: Why Africa Must Embrace Shared Ownership,” NNPC Ltd’s Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye who joined other global CEOs on the African Oil and Gas Coalition’s Strategic Roundtable to discuss the topic ‘Gas without Cash: Breaking the African Monetisation Deadlock, has called for stronger African-led financing frameworks and commercially viable payment systems to unlock the continent’s vast gas potentials and accelerate energy security and industrial growth.
Ogunleye in a panel session emphasized that reliable payment performance is the only bedrock for sustainable gas commercialisation across Africa. He also advocated for a practical, value-chain-driven approach to developing Africa’s oil and gas sector, while positioning Nigeria as a leading energy hub for the continent.
“Nigeria is taking a comprehensive value-chain approach to the oil and gas business. For Africa to fully unlock its gas potential, we must move from conversations about challenges to building practical, bankable solutions that work within African realities.”
The Africa CEO Forum is an assembly of senior decision-makers from across Africa and international markets whose aim is geared towards creating an environment for partnerships, strengthen policy strategies to enhance investment opportunities. The Forum focuses on discussions on regional integration, investment mobilization, and sustainable growth strategies.
