The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has committed over N430 billion to gas infrastructure across Nigeria. This investment was announced as President Bola Tinubu commissioned four flagship Compressed Natural Gas (CNG) projects on Friday.
Mr. Oluwole Adama, the Executive Director of the MDGIF, disclosed the investment figures during a press interview. He spoke on the sidelines of the official commissioning of the Rolling Energy High-Capacity CNG Station by President Tinubu.
Previously, in November 2025, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had stated that the MDGIF had committed over N287 billion to gas infrastructure development.
President Tinubu highlighted the energy projects among over twenty strategic projects commissioned across energy, health, enterprise, education, and public works. He noted that under the MDGIF, four key projects were officially launched nationwide.
The commissioned projects include FEMADEC Energy at the Federal University of Technology, Owerri, which is the first of twenty CNG refuelling stations planned for federal universities. Also commissioned were Portland Gas at Ojota, Lagos, a 96,000 SCMD CNG mother station with a daughter station in Kubwa, Abuja; Ibile Oil and Gas, with its network of fifteen CNG refuelling stations across Lagos State; and Rolling Energy at Jahi, Abuja, anchoring a portfolio of seventeen RLNG and LCNG facilities across Kaduna, Kano, and Borno.
The President stated that these initiatives are expected to reduce transport costs, promote the adoption of cleaner energy sources, and enhance Nigeria’s energy independence.
Hussaini Basaka, Director-in-Charge of Project Management at MDGIF, speaking on behalf of Mr. Adama, elaborated on the financial scope of the CNG projects. He mentioned that the MDGIF has invested over N430 billion and has successfully catalyzed approximately ten times that amount, equating to about N1.6 trillion in total investments.
Basaka further explained that for the specific project in Abuja, the MDGIF has secured a 45% stake through a substantial financial investment. This development comprises 18 facilities, including three mother stations, seven daughter stations, and eight LNG downloading stations designed to serve industrial clients.
