In an effort to develop the nation’s CNG infrastructure, the federal government has expanded its capacity to refill compressed natural gas (CNG) by 180 percent.
The nation’s refueling capacity has grown from 20 stations to 56, according to Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Ahmed said the nation’s ability to convert compressed natural gas (CNG) increased by an astounding 2,500% in 2024 while addressing the Petroleum Industry Stakeholders’ Forum in Abuja on Thursday.
Nigeria’s ability to convert vehicles from gasoline to CNG has been greatly increased, he said, thanks to the construction of 186 new CNG conversion centers.
According to the head of the NMDPRA, there are already between 30,000 and 50,000 Nigerian Gas Vehicles (NGVs), and the number is increasing every day.
He continued by saying that more than $400 million has been spent to build 86 new “daughter” stations and 65 “mother” stations, boosting the nation’s refueling capacity from 20 to 56.
Ahmed revealed intentions to further develop CNG infrastructure in key cities including Lagos and Abuja as part of the authority’s 2025 agenda.
In addition to working with state governments to create natural gas vehicle programs nationwide, he stated that the goal is to convert up to 100,000 vehicles.
“The collaborative efforts of PCNGI, NMDPRA, and SON led to the development of standards and the Nigeria Gas Vehicle Monitoring System to ensure safety, which is already in pilot phase, expected to be launched in 2025,” he stated.
“NMDPRA is supporting the establishment of the Africa Energy Bank, which is expected to be a game changer in enabling investment in critical infrastructure across the continent,” the CEO added, referring to the noted gap in financing for critical energy projects.
“Indeed, Nigeria is poised to be the energy centre for Africa, with competitive financing and a favourable regulatory environment.
“We wish to reiterate the commitment of the NMDPRA to facilitate business growth in the industry, ensure consumer protection, promote gas development, and evolve a competitive market environment.
“We will also continue to engage in constructive stakeholder engagements and support the initiatives of the Ministry of Petroleum Resources towards the realization of the aspirations of Mr. President for the industry,” he added.