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TETRACORE Giant Stride in Bridging the Gas Sector Gap

Congratulations: A Moment of Gratitude and Responsibility

It is certainly an honour, and I receive it with a great deal of gratitude. Recognition is always encouraging, but I see this as a reflection of the collective effort of the people at Tetracore, as well as the partners and stakeholders who have trusted us along the journey.

Personally, it is a moment for reflection. Professionally, it represents responsibility. We operate in an environment where access to reliable energy directly impacts industrial growth, competitiveness, and economic development. There is still significant work to be done.

For me, success will always be measured by impact — the industries we power, the infrastructure we build, the jobs we create, and our contribution to a more energy-secure Africa.

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The Journey: Bridging the Gap

My career began in professional services and I subsequently had the opportunity to work within Nigeria’s energy industry. That experience gave me a front-row seat to both the enormous energy resources Nigeria possesses and the significant infrastructure and commercial gap between those resources and the industries and communities that need reliable energy.

We often describe Nigeria as a gas-rich country, and rightly so. But possessing gas and translating it into dependable, affordable energy for a factory, a power plant or an industrial cluster are two very different things. I became increasingly interested in the infrastructure, distribution and commercial structures required to bridge that gap. For me, that represented not only a significant business opportunity, but also an opportunity to contribute to economic transformation.

That thinking ultimately shaped the creation of Tetracore Energy Group Limited. Our ambition was never simply to participate in the oil and gas industry, but to build an integrated energy business that solves practical energy challenges across the value chain. Today, that vision encompasses a midstream-to-downstream gas portfolio spanning gas trading and distribution, Piped Natural Gas (PNG) for industrial clusters and power plants, gas-to-power solutions, CNG and LNG.

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At the heart of our strategy is a simple question: How do we connect Nigeria’s abundant energy resources to the businesses and industries that need them in a reliable, commercially sustainable and scalable way?

Vision: Energy as an Enabler

For me, leadership in this sector is therefore about more than commercial returns. It is about building resilient infrastructure, creating trusted partnerships, maintaining operational excellence and developing solutions that address real market needs. What continues to drive me is the belief that energy should not merely be viewed as a commodity; it should be an enabler of industrialisation, productivity and prosperity.

The Challenges: Volatility and Resilience

Yes, the business environment has been affected, particularly because the oil and gas industry is inherently sensitive to geopolitical developments. The disturbances have added another layer of uncertainty to an environment that was already dealing with volatility in commodity prices, exchange rates, supply chains and financing costs.

However, for a business like ours, volatility reinforces an important lesson: energy security cannot be taken for granted. African countries need to develop resilient domestic and regional energy systems rather than remain excessively exposed to external shocks.

At Tetracore, that means being disciplined about risk while continuing to invest in infrastructure closer to the markets we serve. It also means diversifying supply arrangements and building flexibility into our commercial structures.

On Policy: The Petroleum Industry Act (PIA)

The implementation of the Petroleum Industry Act has brought a significant shift in the way Nigeria’s oil and gas industry is governed, with clearer institutional responsibilities and a stronger emphasis on transparency and accountability.

From Tetracore’s perspective, the impact has been mixed but ultimately constructive. The clearer regulatory framework has helped provide greater visibility around how businesses should engage with the sector.

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I also think it is important to recognise that regulatory reform is a process rather than a single event. The industry is still adjusting to the new framework, and regulators themselves are continuing to refine processes.

Ultimately, I believe the real measure of the PIA will be whether it consistently delivers regulatory certainty, investment confidence, operational efficiency and lower transaction costs across the industry.

On Foreign Exchange and Local Capital

This is one of the realities every infrastructure business in Nigeria has had to manage very carefully. A significant portion of equipment and technology in the energy sector is still imported and therefore exposed to foreign currency, while a considerable part of revenues may be generated locally.

At Tetracore, our response has been to be more deliberate about procurement timing, financing structures, contractual protections and managing foreign-currency exposure.

More broadly, I believe Nigeria needs deeper pools of long-term domestic capital if we are to finance energy infrastructure at the scale required.

On Security and Community Relations

Our philosophy is that communities cannot simply be treated as an operational risk to be managed. They have to be stakeholders in the success of the infrastructure around them. Engagement must begin early and remain continuous.

On The Electricity Act and State Markets

We see decentralisation as a significant opportunity, and I think the Electricity Act is one of the most important reforms the sector has seen in decades.

Electricity demand is not the same everywhere. Giving states greater responsibility creates an opportunity to develop power solutions that are more responsive to local realities.

This is already happening for Tetracore in practice. Earlier this year, we received the first electricity generation and distribution licences issued by the Nasarawa State Electricity Regulatory Commission, and more recently, we secured another licence in Edo State.

Looking Ahead

Our vision is to become Africa’s most preferred energy provider and a leading integrated energy company.

That means deepening our presence across the energy value chain, from gas-to-power and cleaner transportation fuels to projects that allow us to add greater value to our resources here in Africa. We also see Tetracore growing beyond Nigeria, building a meaningful presence across West Africa.

So, ten years from now, success for me would not only be measured by the number of projects we have delivered or the markets we have entered. It would also be reflected in the industries we have helped power, the value we have created within Africa, and the generation of people who have grown alongside the company.

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