According to the company, the initiative will eliminate transport costs for fuel marketers, lower pump prices, and curb inflation.
Dangote Petroleum Refinery says it has invested over N720 billion in 4,000 Compressed Natural Gas-powered trucks to distribute fuel nationwide, aiming to save Nigerians over N1.7 trillion annually.
According to the company, the initiative will eliminate transport costs for fuel marketers, lower pump prices, and curb inflation.
“Dangote Group’s acquisition of 4,000 CNG trucks is not only impressive in scale but also highly strategic,” said Tosin Coker of the Presidential CNG Initiative.
IPMAN’s Chinedu Ukadike called it “a timely resolution to longstanding challenges,” noting, “Dangote’s intervention lifts a huge burden off the shoulders of independent marketers.”
Economist Bismarck Rewane added, “What Dangote is doing achieves two key objectives: delivering products across the entire country at a uniform price… and significantly reducing logistics expenses.”
The refinery said direct delivery of petrol and diesel begins August 15, with plans to meet daily demand of 65 million litres, aiming to support 42 million MSMEs and create over 15,000 jobs.