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CNG Sector Attracts $980m in 18 Months

Precious Innocent
ByPrecious Innocent
CNG Sector Attracts $980m in 18 Months

Nigeria’s Compressed Natural Gas (CNG) sector has secured over $980 million in private investments in just 18 months, according to Michael Oluwagbemi, Chief Executive Officer of the Presidential Compressed Natural Gas Initiative (PCNGI). Vehicle conversions have surged from 4,000 to nearly 100,000 units, marking unprecedented market adoption.

Strategic Launch in Abuja

Speaking at the commissioning of the Portland Gas Ltd/NASENI CNG Daughter Station, Auto Conversion, and Training Centre along the Kubwa Expressway in Abuja, Oluwagbemi hailed CNG as the country’s “fastest-growing energy segment,” driven by fiscal incentives and private sector dynamism.

Nationwide Expansion of CNG Facilities

From only five states with CNG infrastructure a year ago, Nigeria now operates in 20 states with more than 315 conversion centres. PCNGI targets 30 states plus the FCT with full coverage by the end of 2025, bolstering energy access and market penetration.

Industry Giants Back Autogas Transition

Oluwagbemi highlighted landmark investments, including BUA Group and Nigerian Bottling Company’s ₦720 billion commitment to CNG trucks and 100 fuelling stations. He urged policymakers to prevent diversion of automotive-grade CNG to power plants to ensure availability for transport operators.

Portland Gas Unveils Integrated Energy Hub

Portland Gas CEO, Folajimi Mohammed, described the new Kubwa site as a “full gas hub,” integrating auto conversion, training, refuelling, and LPG sales. He said PCNGI subsidies make conversions free for members of NARTO, NURTW, and e-hailing drivers.

NASENI Positions Hub as National Connector

NASENI DG, Khalil Halilu, noted the site’s strategic location linking northern and southern logistics corridors, predicting the elimination of long queues at CNG stations within two years.

Legislative Backing for Autogas Supply

The House of Representatives pledged legislative safeguards for the autogas sector. Speaker Tajudeen Abbas, represented by Alexander Mascut, stressed the importance of securing fuel supply to motorists during Nigeria’s energy transition.

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About the Author

Precious Innocent

Precious Innocent

Innocent Precious is a writer with a keen eye on Nigeria’s oil and gas sector, economic policy, and downstream petroleum developments. He translates complex industry trends, refinery operations, fuel pricing, tanker movements, and regulatory shifts into engaging, data-driven narratives. His work blends analytical depth with clarity, producing SEO-optimised content that informs, educates, and captivates readers. Passionate about storytelling, Goli Innocent bridges the gap between technical insights and public understanding, making the energy landscape accessible to all.

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