The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it has leveraged N671 billion in public funds to attract N1.6 trillion in private investment into gas infrastructure projects across Nigeria.
Mr Oluwole Adama, Executive Director of MDGIF, disclosed this at the 2026 Annual Conference of the Association of Energy Correspondents Abuja (AECAF) in Abuja, according to the News Agency of Nigeria.
Adama, who was represented by Elvis Duruji, Director of Strategy, Research and Deal Origination, spoke on “Derisking Domestic Gas Infrastructure” and said the fund had supported 31 projects involving 205 infrastructure assets nationwide.
According to Adama, the projects are expected to deliver about 475 million standard cubic feet (mmscf) of gas daily to the domestic market when fully operational.
He said the intervention is aimed at addressing financing and infrastructure constraints that have limited investment in the midstream gas sector.
He said the resulting investment would help convert project uncertainty into bankability and operational gas infrastructure.
The MDGIF was established to facilitate investment in Nigeria’s midstream and downstream gas infrastructure and support the development of the domestic gas market.
The fund is also supporting projects aimed at commercialising flare gas and expanding gas distribution infrastructure.
Adama said MDGIF had partnered with four flare-out awardees whose projects are expected to monetise 444 million standard cubic feet of gas daily.
A further 75 CNG daughter stations are being financed through the equipment leasing arrangement.
The interventions are intended to expand the infrastructure required to move gas to more users and support wider adoption of CNG and other gas-based energy solutions.
One of the fund’s flagship interventions is a five million standard cubic feet per day mini-LNG plant being developed by Topline Ltd. in Delta State.
Adama described the project as Nigeria’s first indigenous mini-LNG project and said it had faced financing difficulties for three years before MDGIF’s equity investment helped unlock an InfraCredit guarantee.
The fund’s long-term objective is to absorb part of the early-stage risks associated with gas projects and make them more bankable.
The latest disclosure builds on previous MDGIF interventions.
Nairametrics earlier reported that the fund was supporting about 200 gas infrastructure projects nationwide as part of efforts to develop Nigeria’s estimated 200 trillion cubic feet of gas reserves.
In May 2026, MDGIF said it had committed more than N430 billion to gas infrastructure across Nigeria, while four flagship CNG projects were commissioned during the same period.
Earlier, in February 2025, the Nigeria Extractive Industries Transparency Initiative (NEITI) said Nigeria needed $20 billion annually for 10 years to bridge the investment gap in gas infrastructure.
