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, yesterday joined global CEOs on the African Oil and Gas Coalition’s Strategic Roundtable to discuss the topic ‘Gas without Cash: Breaking the African Monetisation Deadlock.’
During the session, Ogunleye 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, who emphasized that reliable payment performance remains the foundation for sustainable gas commercialisation across Africa, also advocated 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 brings together senior decision-makers from across Africa and international markets, creating an environment for partnerships, investment opportunities, and policy alignment. The Forum focuses on discussions on regional integration, investment mobilization, and sustainable growth strategies.