Dangote backs Tinubu’s CNG drive, invests over $280m in vans, infrastructure

… turns into the biggest operator of CNG vans in Nigeria

In an illustration of its assist for President Bola Ahmed Tinubu’s CNG Initiative, which goals to offer cheaper and cleaner fuelling alternate options for all Nigerians, Dangote Cement Plc has made vital investments exceeding $280 million in compressed pure fuel (CNG) expertise and infrastructure.

President Tinubu, whose dedication to CNG deployment and clear power is unmatched in Africa, has maintained his administration’s drive to create a conducive setting for personal sector investments and increase Nigeria’s CNG infrastructure to reinforce power effectivity and drive financial development. As a part of this initiative, he ordered the distribution of 1 million free CNG conversion kits for business automobiles concerned in transporting individuals, meals, and items.

At a latest occasion, the President emphasised the pressing want for Nigeria to utilise its huge pure fuel sources within the transportation sector. He said that CNG transportation is an financial necessity for Nigeria, signalling a big shift within the nation’s strategy to public transportation and power use.

“Utilising pure fuel to energy Nigeria’s transportation business is the following option to go,” he said.

On its half, the Dangote Cement stated the over $280m funding not solely solidifies its management within the CNG sector but in addition displays its dedication to mitigating local weather change and supporting a transition to a low-carbon financial system.

Arvind Pathak, the Group Managing Director of Dangote Cement Plc, stated the funding goals to accumulate 100% CNG vans as a part of a long-term plan to transition its total fleet to CNG.

This transfer marks a big milestone in Dangote’s clear power transition, with the target of working most of its fleet on CNG by mid-2026. As at October, the corporate has acquired its first batch of 1,500 mono-fuel CNG vans whereas anticipating further 1,600 CNG vans; totalling 3,100 earlier than the top of the 12 months.

Pathak said, “By mid- 2026, Dangote Cement goals to function a fleet predominantly powered by CNG. To facilitate this transformation, we’re investing in increasing our CNG fuelling infrastructure, guaranteeing that our rising fleet has dependable entry to CNG as our gas.” He stated plans are afoot to aggressively pursue this timeline of deployment, starting from the primary quarter of 2025. “We’re preserving our eyes on the ball to make sure that we don’t miss our goal dates of full compliance”, he added.

Pathak stated that the corporate’s CNG infrastructure investments have positively influenced Nigeria’s transition to cleaner fuels. He added that the CNG station at Obajana, able to refuelling over 3,000 vans, exemplifies this dedication, with a second station presently beneath growth in Ibese to additional assist fleet operations.

President/Chief Govt, Dangote Group, Aliko Dangote stated the corporate’s investments in CNG are additionally in keeping with Nigeria’s Nationally Decided Contribution (NDC) beneath the Paris Settlement, which goals for net-zero emissions by 2060.

“On this pursuit of transition to wash power, we’re optimistic of a outstanding accomplishment by President Bola Ahmed Tinubu, as he has taken the lead within the nation’s drive in direction of power effectivity. This presupposes non-public sector intervention to assist this noble thought initiated by the President,” Dangote added.

He famous that the corporate’s early adoption of CNG has made it the biggest operator of CNG vans in Nigeria, emphasising that the initiative is a lift to President Tinubu’s quest in direction of enhancing the nation’s power independence and contributing to a safer power future.

In line with him: “We are actually utilizing CNG automobiles, particularly with the brand new coverage of the Federal Authorities, launched beneath the Renewed Hope Agenda by His Excellency, President Bola Ahmed Tinubu. We’re dedicated to a cleaner and greener future.”