OCTAGRAM Fusion CNG Limited (“OCTAGRAM”), a Nigerian calories infrastructure construction corporate and the Ondo State Construction and Funding Promotion Company (“ONDIPA”) are happy to announce a strategic settlement for the advance of a proposed 9 million same old cubic ft consistent with day (MMSCFD) Compressed Herbal Gasoline (CNG) mom station inside the Ore commercial Park in Omotosho house of Ondo State.
The long-term settlement, carried out on 14 October 2026, supplies for the site of the proposed facility inside the commercial park, in proximity to current nationwide herbal gasoline pipeline infrastructure. This strategic location is anticipated to facilitate get entry to to gasoline feedstock, matter to the essential technical and industrial preparations, whilst positioning the challenge to serve commercial and transportation calories call for throughout Ondo State and the broader southwestern Nigerian marketplace.
The settlement follows OCTAGRAM’s a success attainment of a Licence to Identify (LTE) from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Might 2026, representing a very powerful regulatory milestone within the challenge’s construction.
The corporate is recently progressing the necessities for its Licence to Assemble (LTC), along engineering construction, industrial preparations and different preparatory actions.
Supporting Nigeria’s Gasoline-Led Business Construction
The proposed facility is designed to supply a competent supply of compressed herbal gasoline for commercial producers, industrial transportation fleets, impartial CNG distribution operators and different energy-intensive companies.
At its deliberate manufacturing capability of 9 MMSCFD, the station is anticipated to toughen the growth of digital pipeline infrastructure, enabling herbal gasoline to be transported via specialized high-pressure boxes and dropped at shoppers past the succeed in of typical gasoline pipeline networks.
The funding aligns with Nigeria’s broader ambition to extend home herbal gasoline utilisation, diversify calories resources and enhance commercial competitiveness.
The improvement is anticipated to toughen the efforts of the management of Governor Dr. Fortunate Orinisan Aiyedatiwa within the power to rising Ondo State commercial ecosystem, draw in complementary funding and create financial alternatives throughout gasoline transportation, logistics, engineering, operations and related services and products.
A Strategic Partnership for Business Enlargement
Talking at the settlement, Barrister Emmanuel Omomowo, Leader Govt Officer ONDIPA, mentioned:
“Ondo State stays dedicated to attracting investments that unencumber our herbal sources, make stronger commercial infrastructure and create sustainable financial alternatives for our other people.
“Our settlement with OCTAGRAM Fusion CNG represents some other vital step in opposition to positioning Ondo State as a aggressive vacation spot for energy-intensive industries and private-sector funding.
“We welcome this challenge and look ahead to supporting its a success construction in keeping with the appropriate regulatory framework.”
Olutunde Odeyale, CEO, OCTAGRAM Fusion CNG Limited, commented:
“Our funding thesis is constructed round a transparent industrial alternative: Nigeria has really extensive herbal gasoline sources, but many commercial and industrial shoppers stay not able to get entry to dependable and competitively priced gasoline.
“By way of finding our proposed mom station on the subject of current gasoline transmission infrastructure at Omotosho, we intend to bridge that hole via an effective CNG manufacturing and distribution platform.
“The settlement with ONDIPA and our attainment of the Licence to Identify are vital steps in opposition to handing over that imaginative and prescient. Our fast priorities are to finish the remainder regulatory processes, advance our infrastructure construction plans and identify long-term relationships with shoppers and industrial companions.”
Increasing Get admission to to Herbal Gasoline
The proposed facility is anticipated to serve shoppers inside of an economically viable distribution radius of Omotosho, together with commercial clusters and transportation corridors connecting Ondo State with Lagos, Ekiti, Ogun, Edo, Oyo and neighbouring markets.
OCTAGRAM intends to deploy a distribution fashion combining mother-station compression capability with specialized CNG transportation apparatus and downstream supply infrastructure.
The corporate is actively exploring long-term gasoline provide and offtake preparations with commercial shoppers, energy manufacturers, fleet operators, CNG daughter-station operators and different potential shoppers.
The challenge stays matter to the essential regulatory approvals, sufficient technical preparations and final touch of industrial and financing necessities.