Published October 28, 2024
By Agbetu Becky
Dangote Group, led by President and Chief Executive Aliko Dangote, has thrown its weight behind President Bola Tinubu’s energy transition drive, shifting focus from petroleum products to Compressed Natural Gas (CNG). This move aligns with Nigeria’s Nationally Determined Contribution (NDC) under the Paris Agreement, aiming for net-zero emissions by 2060.
Dangote expressed optimism about achieving remarkable results under President Tinubu’s leadership, emphasizing the need for private sector intervention. As the largest operator of CNG trucks in Nigeria, Dangote’s early adoption of CNG boosts President Tinubu’s quest for energy independence and a secure energy future ¹ ².
President Tinubu stressed the importance of utilizing Nigeria’s natural gas resources in transportation, calling CNG transportation an economic necessity. He believes natural gas is the future of Nigeria’s transportation industry.
Dangote Cement has invested over $280 million in CNG technology and infrastructure, solidifying its leadership in the CNG sector and demonstrating commitment to mitigating climate change. The investment aims to transition its entire fleet to CNG by mid-2026.
Key Highlights of Dangote’s CNG Investment:
- Transition to CNG: Dangote Cement plans to operate a predominantly CNG-powered fleet by mid-2026 ¹ ².
- Infrastructure Expansion: The company is investing in expanding its CNG fuelling infrastructure to support its growing fleet.
- CNG Stations: Dangote has built a CNG station in Obajana, capable of refuelling over 3,000 trucks, with a second station under development in Ibese.
