Dangote Invests $280M in Compressed Natural Gas (CNG) Infrastructure

/

Dangote Cement Plc has invested over $280 million in Compressed Natural Gas (CNG) technology and infrastructure, supporting President Bola Tinubu’s initiative to provide cleaner and cheaper fuel alternatives for Nigerians.

Group Managing Director Arvind Pathak said the investment is part of a long-term plan to transition the company’s entire fleet to CNG by mid-2026. The company has already received 1,500 CNG trucks and expects an additional 1,600 by the end of the year.

President Tinubu has emphasized the need to utilize Nigeria’s vast natural gas resources in the transportation sector, calling CNG transportation an “economic necessity.” The president recently ordered the distribution of one million free CNG conversion kits for commercial vehicles.

Dangote Cement’s investment is seen as a significant step towards mitigating climate change and supporting a low-carbon economy. The company is expanding its CNG fueling infrastructure to ensure reliable access for its growing fleet.

Aliko Dangote, President and CEO of the Dangote Group, said the investment aligns with Nigeria’s Nationally Determined Contribution (NDC) under the Paris Agreement, which aims for net-zero emissions by 2060. He expressed optimism about President Tinubu’s leadership in driving energy efficiency and reducing Nigeria’s reliance on imported fuels.

More Branches.

Internet Company Reaching Young & Smart Africans from Lagos, Nigeria.

Previous Story

CAF Awards Nigeria Three Points, Fines Libya After Missed AFCON Qualifier

Next Story

UK Donates Military Equipment to Nigeria

Latest from Featured