Nigeria’s Midstream and Downstream Gas Infrastructure Fund is advancing the country’s shift toward cleaner fuels with a plan to establish 500 compressed natural gas refueling stations over the next three years. The initiative, as reported by ThisDay, aims to expand nationwide access to affordable CNG and reduce pressure on the limited number of existing stations.
To execute the rollout, MDGIF will launch a government-backed Special Purpose Vehicle known as CAM InfraCo in partnership with the Bank of Industry, China’s Endurance Group, and Séquor Investment Partners. Coverage from Vanguard notes that the SPV will also oversee the development of logistics infrastructure, LCNG supply systems, and a virtual pipeline network using CNG and LNG transport fleets to reach underserved regions.
Industry reports from the Gazette highlight that the project is designed to strengthen Nigeria’s energy security by improving fuel accessibility and supporting a gradual transition away from petrol. MDGIF Executive Director Oluwole Adama told ThisDay that the expansion will significantly reduce fuel queues at CNG stations and aligns with President Bola Tinubu’s broader clean-energy ambitions.
