The Midstream and Downstream Gas Infrastructure Fund (MDGIF), in partnership with IBILE Oil & Gas Corporation (IOGC), has commissioned five Compressed Natural Gas (CNG) refuelling stations in Lagos State as part of efforts to expand access to cleaner and more affordable transportation fuel.
The stations, located at Abule Egba, Idimu, Ajah, Oko-Oba and Ogolonto, were delivered under the MDGIF/IOGC joint venture and have a combined storage capacity of 45,640 standard cubic metres of gas.
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The facilities are designed to refuel approximately 8,400 vehicles daily, using locally sourced natural gas.
Performing the commissioning, the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, said the projects demonstrated the Federal Government’s commitment to harnessing Nigeria’s gas resources for economic growth and improved living conditions.
He said the initiative was in line with President Bola Ahmed Tinubu’s directive to ensure that the country’s abundant gas resources translate into tangible benefits for Nigerians.
According to the Minister, the success of the projects will be measured by their impact on transportation costs, business operations and the economic wellbeing of households.
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Ekpo stressed that the infrastructure should help reduce operating expenses for transporters and businesses, with the resulting savings extending to commuters and other consumers.
The Executive Director of MDGIF, Mr Oluwole Adama, said the new stations would reduce waiting times for commercial drivers and provide more predictable fuel costs for fleet operators.
Adama emphasised that the Fund was focused on delivering functional and sustainable infrastructure, urging IOGC to maintain high standards of safety, operational efficiency and service delivery.
In his remarks, the Managing Director of IOGC, Mr Temitayo Gbajumo, disclosed that the corporation had been mandated to establish 15 CNG refuelling stations across Lagos State.
He said the expansion programme was designed to lower transportation costs for businesses and households while increasing the adoption of natural gas as an alternative automotive fuel.
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The projects are also expected to create employment opportunities for young Nigerians and support the development of the country’s domestic gas market.
The commissioning marks another step in efforts to expand Nigeria’s CNG infrastructure, promote cleaner energy alternatives and reduce dependence on conventional transportation fuels.