The Midstream and Downstream Gas Infrastructure Fund has leveraged N671bn in public funds to attract about N1.6tn in private investment into Nigeria’s gas infrastructure, as the Federal Government and regulators intensify efforts to revive investment in the petroleum industry.
The fund said the investment is supporting 31 projects and 205 infrastructure assets across the country, with the projects capable of delivering about 475 million standard cubic feet of gas daily to the domestic market when fully operational.
The Executive Director of MDGIF, Oluwole Adama, disclosed this on Thursday at the 2026 Annual Conference of the Association of Energy Correspondents of Abuja in Abuja, where he delivered a keynote address titled, “De-risking Domestic Gas Infrastructure.”
Adama, who was represented by the Director, Strategy, Research and Deal Origination at MDGIF, Elvis Duruji, said the fund was established to use public money to reduce investment risks and make gas projects attractive to private
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