By Onyeanya Ebere Immaculata
The Federal Government plans to deploy 500 compressed natural gas (CNG), stations across the country within three years, following a new agreement between the Midstream and Downstream Gas Infrastructure Fund (MDGIF) and Chinese manufacturer Endurance Group.
MDGIF Executive Director, Oluwole Adama, said in Abuja that a Special Purpose Vehicle (SPV), has been created with MDGIF, the Bank of Industry, Endurance Group, and Séquor Investment Partners to drive the initiative.
The new entity, Compressed Natural Gas Auto Mobility Infrastructure Company (CAM InfraCo), will develop integrated CNG and LCNG stations and provide trucks for nationwide virtual gas distribution.
Adama said the project will ease long queues at existing CNG stations by expanding access and improving logistics.
Presidential adviser on Special Duties and Domestic Affairs, Oluwatoyin Subair, said the rollout aligns with President Bola Tinubu’s push for energy security and wider adoption of auto-CNG to reduce reliance on petrol and diesel.
Endurance Group CEO Eric Lin said the SPV will build a nationwide CNG refuelling and logistics ecosystem through a leasing model designed to ensure steady supply and support operators across Nigeria.