Aliko Dangote, President of the Dangote Group, has dismissed accusations that the company monopolises Nigeria’s petroleum downstream sector. Speaking at a press conference in Lagos, he announced the rollout of 4,000 compressed natural‑gas (CNG) trucks that will be used to distribute fuel nationwide. This initiative is part of a broader effort to modernise the country’s transportation system and stabilise the fuel supply.
The Dangote Group has invested ₦2 trillion in trucks and logistics, creating 24 000 jobs with salaries four times the minimum wage. To date, the company has purchased 10 000 trucks, including CNG and dry‑cargo carriers, which are expected to ease transportation bottlenecks and lower logistics costs. By the end of November, 10 250 CNG trucks should be operational, with additional units arriving daily.
The introduction of CNG trucks represents a significant development for Nigeria’s energy sector, which has long struggled with fuel scarcity and logistical challenges. Using CNG trucks at the Dangote Refinery is projected to reduce the nation’s reliance on diesel and petrol, offering a more efficient and environmentally friendly method of fuel transport. The group also announced plans to launch electric vehicles by January 2026, complementing the refinery’s expanding capacity.
With a current capacity to lift 40 000 tonnes of diesel each month and more than 1.6 billion litres of fuel exported, the Dangote Group is positioning Nigeria as a hub for energy and industrial growth. As the country prepares to become the world’s largest fertilizer producer, these investments in the energy sector are expected to boost the economy. The company’s commitment to taking risks and investing in Nigeria’s future signals significant growth and development in the years ahead.
Comments are closed for this story.