The Federal Government has disclosed that about 106 Compressed Natural Gas (CNG) refuelling stations are operational across the nation, with $2.6 billion in private-sector investments coming in to increase the venture.
The Executive Chairman and Chief Executive Officer of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG), Ismaeel Ahmed, disclosed this on Friday on the official inauguration of a CNG Integrated Refuelling Unit station in Karu, Abuja, which was attended by Nairametrics.
The Karu venture was launched by means of a partnership involving the State House, Pi-CNG and Electric Vehicles, and Rolling Energy.
CNG funding reaches $2.6 billion
Ahmed mentioned the CNG venture had continued to scale, including that the inauguration marked the 106th station across the nation in lower than two years.
He highlighted the rising curiosity from traders, noting that “$2.6 billion in private investment” had to date come into the venture to assist the Federal Government’s initiative.
He additionally disclosed that President Bola Tinubu had ordered one other spherical of about 500 infrastructure refuelling models to be established by means of the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
- “It’s a scale thing. Nigeria is 220 million people strong, 12 million vehicles. We are moving at a scale that we need to move. The work is in progress,” he mentioned.
Providing an replace on the venture’s progress, Ahmed mentioned Nigeria presently had about 106 operational refuelling stations across the nation, whereas one other 170 have been at totally different phases of growth or awaiting numerous licences from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
He added that the CNG venture had considerably decreased transportation prices by about 30% to 40%, significantly alongside routes the place CNG-powered buses function.
He defined that the present purpose was to increase the event to each nook and cranny of the nation, significantly areas with business automobiles and high-traffic corridors.
State House backs CNG enlargement
Also talking, the Permanent Secretary of the State House, Temitope Fashedemi, mentioned the brand new facility represented the federal government’s dedication to selling CNG instead technique of transportation.
He inspired better private-sector participation in the programme, explaining that the ability was established by changing an deserted petrol meting out station belonging to the State House right into a CNG refuelling and automobile conversion centre.
According to him, the State House supplied the present facility, whereas Rolling Energy invested in its rehabilitation and the set up of the required gear with none authorities expenditure on the venture.
The Chief Executive Officer of Rolling Energy, Mubarak Danbatta, mentioned the ability demonstrated the advantages that may be derived when authorities establishments and personal traders collaborate in increasing various gasoline infrastructure.
Backstory
In August 2026, the Executive Director of the MDGIF, Oluwole Adama, disclosed that the Fund was supporting about 200 gasoline infrastructure initiatives nationwide to unlock Nigeria’s 200 trillion cubic ft of gasoline reserves.
Adama made this disclosure throughout a fireplace chat on the West African Refined Fuels Market (WARFM) Conference in Abuja.
He highlighted that the event was a part of the Fund’s technique to bridge a reported $20 billion annual deficit in Nigeria’s gasoline infrastructure.
Similarly, the Executive Director of Finance and Accounts on the NMDPRA, Abiodun Adeniji, had expressed optimism that the deliberate launch of the African Energy Bank would supply financing at charges nearer to these out there in overseas jurisdictions.
Nigeria’s gasoline infrastructure funding hole
In early 2025, the Executive Secretary and Chief Executive Officer of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Ogbonnaya Orji, said Nigeria needed $20 billion annually for 10 years in gas infrastructure investment.
Orji made this assertion throughout his presentation of the newest NEITI oil and gasoline trade report back to the Senate Committee on Public Accounts.
- Nigeria has the most important gasoline reserves in Africa and is among the many prime 10 nations globally with the most important gasoline reserves.
- However, a good portion of those reserves stays untapped as a result of insufficient funding in infrastructure.
- In March 2025, the Federal Government launched a N2.5 billion credit score scheme to encourage automobile conversions to Compressed Natural Gas (CNG) and the manufacturing of conversion kits.
- The Presidential Compressed Natural Gas Initiative (PCNGi), which disclosed the event, mentioned the initiative was aimed toward easing power and transportation prices in Nigeria.
The authorities’s continued efforts to draw personal funding and increase CNG infrastructure are a part of its broader push to advertise various transportation fuels and handle the nation’s infrastructure financing hole.
