Mr Oluwole Adama, the Executive Director, Midstream and Downstream Gas Infrastructure Fund (MDGIF), says five Compressed Natural Gas (CNG) refuelling stations inaugurated in Lagos can collectively fuel about 8,400 vehicles daily at full capacity.
Adama disclosed this at the inauguration of the five CNG autogas stations developed through a joint venture between MDGIF and IBILE Oil and Gas Corporation (IOGC) in Lagos.
The News Agency of Nigeria (NAN) reports that the stations are located at Abule-Egba, Ajah, Oko-Oba, Idimu and Ogolonto.
He said that the facilities had a combined storage capacity of 45,640 standard cubic metres of gas and would improve access to cleaner and more affordable fuel for motorists and transport operators.
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According to him, the projects demonstrate the Federal Government’s commitment to domestic gas utilisation and infrastructure development to support transportation, commerce and economic activities.
He said that the initiative aligned with President Bola Tinubu’s Renewed Hope Agenda, which prioritised the use of Nigeria’s gas resources to drive economic growth and productive enterprise.
“Together, the five stations at Abule-Egba, Ajah, Oko-Oba, Idimu and Ogolonto can hold 45,640 standard cubic metres of gas.
“At full capacity, they can fill about 8,400 cars per day, using natural gas produced right here in Nigeria,” he said.
Adama said that the facilities would benefit commercial drivers, fleet operators, traders and commuters through improved fuel affordability and reduced operating costs.
He added that increased CNG adoption would contribute to cleaner air and reduce the environmental impact of transportation.
The MDGIF executive director said the projects would also create employment opportunities for young Nigerians in operations, safety, maintenance, logistics and technical services.
He stressed that the sustainability of the facilities would depend on safe operations, reliable gas supply, regular maintenance and public confidence.
“At MDGIF, we want infrastructure that works every day, not infrastructure that looks impressive only on commissioning day,” he said.
Adama urged transport operators, fleet owners, businesses and public institutions to take advantage of the facilities.
He also urged IOGC to maintain high standards of safety, service delivery and operational discipline to ensure the sustainability of the projects.
He commended the Federal Government, the Minister of State for Petroleum Resources (Gas), the National Assembly, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), IOGC management and host communities for their contributions to the initiative.
Adama said that the success of the projects should be measured by their impact on transportation, business activities and employment opportunities.
He expressed optimism that the facilities would strengthen domestic gas utilisation and support Nigeria’s transition to cleaner energy.
Also speaking, the Managing Director and Chief Executive Officer of IBILE Oil and Gas Corporation, Mr Temitayo Gbajumo, said that the corporation was targeting the development of 15 CNG refuelling stations across Lagos State.
Gbajumo said six additional stations were expected to be completed by the first quarter of 2027.
He said the project was designed to expand access to cleaner and more affordable energy, reduce transportation costs and encourage the adoption of CNG-powered vehicles.
According to him, the five newly inaugurated stations were part of the corporation’s partnership with MDGIF to expand CNG infrastructure across Lagos.
Gbajumo said the first phase of the project had seen the inauguration of four stations, while the remaining six facilities were at different stages of completion.
He said the six stations would be completed by the first quarter of 2027.
The MD/CEO described the development as a contribution to the Federal Government’s gas expansion programme and the Lagos State Government’s vision of a cleaner and more efficient transportation system.
He commended President Bola Tinubu for promoting domestic gas utilisation through the Presidential CNG Initiative and the Federal Government’s energy transition agenda.
Gbajumo also appreciated Gov. Babajide Sanwo-Olu for supporting infrastructure development, investment promotion and sustainable transportation in the state.
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