Axxela Achieves 10 Million LTI-Free Manhours Milestone

Axxela Limited, Nigeria’s leading gas infrastructure company, has celebrated reaching 10 million Lost Time Injury (LTI)-free manhours across its operations. Additionally, the company secured recognition from two prominent credit rating agencies: Global Credit Ratings upgraded Axxela’s national scale long-term issuer rating to A+(NG), while Agusto & Co. affirmed an Aa- Long-Term Rating and assigned an A1+ Short-Term Rating, the highest in that category.

These achievements highlight Axxela's operational excellence, financial strength, and disciplined growth strategy. Group Chief Executive Officer Moshood Olajide stated that these milestones reflect the company’s consistent approach to building a resilient business and validate its financial strength.

He noted the importance of expanding gas infrastructure, strengthening operational footprints, and advancing sustainability while remaining disciplined in capital deployment. The combination of the 10 million LTI-free manhours and dual credit ratings reinforces Axxela’s reputation as a leading gas infrastructure company focused on delivering operational excellence and responsible growth.