FG unveils five CNG stations in Lagos

The Federal Government of Nigeria has introduced five new Compressed Natural Gas (CNG) stations across Lagos State. These facilities, developed by Ibile Oil and Gas Corporation in collaboration with the Midstream and Downstream Gas Infrastructure Fund, are situated in Idimu, Ogolonto, Abule Egba, Ajah, and Oko-Oba. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, inaugurated the stations, highlighting their significance in bringing Nigeria's gas resources closer to consumers and providing motorists and commercial transport operators with an alternative fuel option.

Ekpo announced that the stations would contribute to a nationwide network of 1,000 CNG outlets, as directed by President Bola Tinubu. Each station has a CNG compression capacity of 24,000 standard cubic meters per day and can store 9,800 standard cubic meters of gas. The minister emphasized that the success of the project should be measured by its impact on transportation costs, businesses, and households, rather than solely by the number of stations built.

The CEO of Ibile Oil and Gas Corporation, Tayo Gbajumo, mentioned that the company aims to establish 15 CNG stations in Lagos State, with the five new stations bringing the total operational facilities to nine. The remaining six stations are currently under construction and will be inaugurated in the first quarter of 2027. The MDGIF's Executive Director, Oluwole Adama, stated that the five newly opened stations have a combined gas storage capacity of 45,640 standard cubic meters and can serve approximately 8,400 vehicles daily at full capacity.