By: Tijani Salako.
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has catalysed about ₦1.6 trillion in investments across 31 gas infrastructure projects, as the Federal Government intensifies efforts to expand domestic gas utilisation.
According to the Fund, the investments cover 205 infrastructure assets, with 127 projects commenced, 10 commissioned and nine stations already in commercial operation.
The MDGIF disclosed this in its latest investment profile as obtained from their website on X formally known as Twitter, noting that the projects are designed to strengthen gas infrastructure for transportation, industry, cooking and power generation.
It said nine stations currently in commercial operation are spread across Lagos, Abuja, Owerri and Ile-Ife, while about 50 further projects are expected to reach pre-commissioning stage before the end of 2026.
The portfolio comprises 160 CNG daughter stations, 20 CNG/L-CNG mother stations, 13 depots and RLNG facilities, as well as 12 gas processing plants.
The Fund also said it has approved an estimated ₦671 billion in final investment decisions across its portfolio, while its investments are positioned to add 25.2 per cent of the national domestic gas supply baseline.
It added that a $500 million financing framework had been advanced, with the Nigeria Sovereign Investment Authority (NSIA) and InfraCredit engaged to support the financing of gas infrastructure projects.
The MDGIF, established under Section 52(1) of the Petroleum Industry Act 2021 and domiciled within the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), operates as a statutory fund with its own capital base.
According to the Fund, it provides minority catalytic equity rather than grants or loans, sharing risks with project sponsors while strengthening capital structures and attracting additional private and institutional financing.
It said its funding is sourced from the 0.5 per cent levy on wholesale gas and petroleum prices collected by NMDPRA, gas flare penalties released through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), as well as recycled grants and investment income.
The Fund also highlighted an equipment leasing joint venture project aimed at supporting the Presidential mandate for 500 infrastructure assets along the National CNG Corridor, with four mother stations and 75 integrated refuelling units currently being executed.
It said its flagship mini-LNG project, described as Nigeria’s first indigenous mini-LNG plant, is expected to be commissioned before the end of the fourth quarter of 2026.
President Bola Ahmed Tinubu, while commissioning some CNG projects supported by MDGIF on May 29, 2026, said the projects demonstrated Nigeria’s capacity to achieve energy security, reduce transportation costs, create jobs and build a cleaner economy from its natural resources.
