Key Issues in Operationalising Nigeria’s Gas Infrastructure Fund

The MDGIF, established under the Petroleum Industry Act (PIA) 2021, aims to enhance domestic gas utilisation, minimise flaring, and attract investment through its ₦122 billion (approximately $72 million) allocation to six gas infrastructure companies in October 2024.

 This publication explores the fund’s framework, highlighting financing mechanisms through levies on wholesale petroleum products and gas, reliance on grants, and penalties for gas flaring. 

It addresses implementation challenges, including retroactive levy enforcement and ambiguity in ‘sold in Nigeria,’ which impact regulatory clarity and fairness. 

For insights into the MDGIF’s role in advancing sustainable development across Nigeria’s gas sectors, read the full article.