The Dangote Group has invested over $280 million in Compressed Natural Gas (CNG) technology and infrastructure.
The company said its $280 million investment not only solidifies its leadership in the CNG sector, but also reflects its dedication to mitigating climate change and supporting a transition to a low-carbon economy and is in demonstration of its support for President Bola Tinubu’s CNG initiative.
In a statement, the Dangote Group said it has keyed into the initiative to ensure its trucks are CNG-powered.
Group Managing Director of Dangote Cement Plc, Arvind Pathak, said the $280m investment is aimed at acquiring 100 per cent CNG trucks as part of a long-term plan to transition its entire fleet to CNG.
He said part of the plan for the Dangote’s clean energy transition is to operate most of its fleet on CNG by mid-2026.
“As of October, the company has received its first batch of 1,500 mono-fuel CNG trucks while expecting an additional 1,600 CNG trucks; totalling 3,100 before the end of the year.
“By mid-2026, Dangote Cement aims to operate a fleet predominantly powered by CNG. To facilitate this transformation, we are investing in expanding our CNG fuelling infrastructure, ensuring that our growing fleet has reliable access to CNG as our fuel,” Pathak stated.
He, further, noted that plans are underway to aggressively pursue this timeline of deployment, beginning in the first quarter of 2025, adding that the company’s CNG infrastructure investments have positively influenced Nigeria’s transition to cleaner fuels.
According to him, the CNG station at Obajana, capable of refuelling over 3,000 trucks, exemplifies this commitment, with a second station currently under development in Ibese to further support fleet operations.
He noted that the company’s early adoption of CNG has made it the largest operator of CNG trucks in Nigeria, emphasising that the initiative is a boost to President Tinubu’s quest towards enhancing the nation’s energy independence and contributing to a more secure energy future.