Nigeria Launches Five New CNG Stations in Lagos

The Federal Government of Nigeria has commissioned five new Compressed Natural Gas (CNG) refuelling stations in Lagos State, priced at N340, to provide motorists and commercial transport operators with a cheaper fuel alternative. The facilities, developed by the State-owned Ibile Oil and Gas Corporation in partnership with the Midstream and Downstream Gas Infrastructure Fund (MDGIF), are located in Abule Egba, Ajah, Oko-Oba, Idimu, and Ogolonto.

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, inaugurated the stations, emphasizing their role in making natural gas more accessible and aligning with President Bola Tinubu's directive to expand CNG infrastructure nationwide. Each station has a daily gas compression capacity of 24,000 standard cubic metres and a storage capacity of 9,800 standard cubic metres.

The Chief Executive Officer of Ibile Oil and Gas Corporation, Tayo Gbajumo, stated that the company aims to establish 15 CNG stations across Lagos, increasing the total operational facilities to nine. The Executive Director of MDGIF, Oluwole Adama, noted that the new stations could serve approximately 8,400 vehicles daily at full capacity.