The Federal Government has revealed that the Midstream and Downstream Gas Infrastructure Fund (MDGIF) has committed over N287 billion to key gas infrastructure projects nationwide, in a major push to expand energy access, attract private investment, and strengthen Nigeria’s industrial base in line with the Petroleum Industry Act (PIA).
The disclosure was made in Abuja by the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Farouk Ahmed, during the maiden edition of the Energy Correspondents Association of Nigeria (ECAN) Conference, held to mark four years of the PIA. Ahmed was represented by the Authority’s Legal Adviser and Secretary, Dr. Joseph Tolorunse.
According to Ahmed, the MDGIF has so far invested N287 billion across 62 strategic gas infrastructure projects implemented by 16 companies operating within Nigeria’s midstream and downstream value chain. The projects span gas processing, storage, distribution, and other critical infrastructure intended to boost domestic gas utilisation.
He added that the fund’s catalytic role has already begun attracting significant external financing, including an additional $500 million secured through the NMDPRA’s partnership with the African Export-Import Bank (Afreximbank). This partnership, he noted, is accelerating national efforts to unlock the country’s vast gas reserves and support the Federal Government’s gas expansion agenda.
Ahmed emphasised that the MDGIF was designed under the PIA to stimulate private-sector investment in midstream and downstream gas ventures, noting that the current level of financial commitment reflects growing investor confidence in Nigeria’s energy reforms.
He stated that expanding gas infrastructure remains central to improving nationwide energy access, supporting industrial growth, enhancing job creation, and positioning Nigeria as a leading regional gas hub.
