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Key Points
- Dangote Group invests over $280 million in Compressed Natural Gas technology, supporting Nigeria's transition to a low-carbon economy.
- Dangote Cement deploys Nigeria's largest CNG fleet, featuring 1,500 CNG trucks, with plans for an additional 1,600 by mid-2026.
- The company's CNG stations will enhance energy independence while aligning with Nigeria's net-zero emissions goal by 2060 under the Paris Agreement.
Dangote Group, the continent’s most diversified manufacturing conglomerate owned by Africa’s richest man Aliko Dangote, has invested over $280 million in Compressed Natural Gas (CNG) technology and infrastructure.
The move aligns with President Bola Tinubu’s push to make gas central to Nigeria’s low-carbon economy. As part of the plan, the government aims to distribute one million CNG conversion kits to vehicles transporting essential goods, encouraging private-sector adoption of CNG as a key bridge fuel.
Dangote Cement deploys Nigeria’s largest CNG Fleet in 2023
Dangote Cement has deployed 1,500 trucks powered by compressed natural gas (CNG) and plans to add 1,600 more by year-end, with the entire fleet expected to shift predominantly to CNG by mid-2026.
“This milestone underscores our commitment to cleaner energy,” said Arvind Pathak, Group Managing Director, adding that a network of CNG fueling stations is also in progress.
The company’s station in Obajana, with the capacity to fuel over 3,000 trucks, will soon be complemented by another in Ibese. The move aligns with Nigeria's goal to achieve net-zero emissions by 2060 under the Paris Agreement.
Aliko Dangote highlighted the synergy with national energy goals, saying, “Our investment supports President Tinubu’s vision for energy efficiency and positions the private sector as a key driver of sustainable fuel solutions.”
As Nigeria’s largest CNG fleet operator, Dangote Cement plays a critical role in bolstering the country’s energy independence and security.
Dangote's innovative CNG investments for a cleaner future
Dangote Group, the Lagos-based conglomerate operating in cement, salt, oil, and telecommunications across 17 African countries, has reshaped Nigeria’s fuel sector with its $20 billion refinery—the world’s largest single-train processing plant.
Dangote Oil Refinery recently began selling Premium Motor Spirit (PMS) directly to private marketers, cutting imports and bypassing the Nigerian National Petroleum Company. Its sister company, Dangote Cement, reported nine-month revenue of N2.56 trillion ($1.56 billion), up from N1.51 trillion ($919 million) last year.
With a net worth of $27.8 billion, Dangote ranks as the world’s 65th wealthiest person and the richest Black individual globally, according to the Bloomberg Billionaires Index.
