Nigeria gas infrastructure fund receives N256.52bn in H1 2025, supporting midstream and downstream projects under the “Decade of Gas” agenda

Nigeria gas infrastructure fund received a total of N256.52bn in the first half of 2025, the Federal Government announced, to support midstream and downstream gas projects across the country.

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The funds, allocated through the Federal Accounts Allocation Committee (FAAC), were used to finance projects under the Midstream and Downstream Gas Infrastructure Fund (MDGIF), managed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

The governing council, chaired by Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo, oversees the fund’s activities.

Monthly deductions varied, with January recording N35.07bn, February N31.83bn, March N52.99bn, April N29.19bn, May N41.27bn, and June N66.18bn—the highest month-on-month surge of 60.38 per cent.

The June spike followed the signing of over N165bn in equity investment agreements with 10 companies to deliver gas processing plants, CNG refueling stations, and LPG storage facilities nationwide.

These projects align with Nigeria’s “Decade of Gas” agenda, aimed at boosting domestic gas supply, cutting flaring, and supporting clean energy adoption.

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Ekpo emphasized that the MDGIF is a critical vehicle for economic diversification, private sector engagement, and sustainable development, creating jobs, fostering innovation, and improving access to LPG and CNG for low-income households.