SEO Riders:
– ₦720 bn investment to deploy CNG trucks and infrastructure from August 15.
– Initiative projected to slash logistics costs by ₦1.07 trn, saving ₦1.7 trn annually.
– Expected to support 42 million MSMEs, create 15,000 jobs, curb inflation and smuggling.
Dangote Petroleum Refinery has unveiled a revolutionary logistics initiative, committing ₦720 billion to deploy 4,000 Compressed Natural Gas (CNG) trucks and accompanying “mother and daughter” refuelling stations nationwide beginning August 15. With logistics costs averaging ₦45 per litre, Dangote will absorb over ₦1.07 trillion annually, translating to total savings of around ₦1.7 trillion per year for consumers and fuel marketers. The fleet will transport daily volumes of **65 million litres—including PMS, diesel, and aviation fuel—to filling stations, industrial hubs, and bulk consumers, targeting underserved and rural areas.
Analysts predict the project will revive 42 million MSMEs, lower petrol prices, ease inflation, and drive economic growth. Over 15,000 direct jobs are expected in logistics, station management, and operations. The move has earned endorsements from the Presidency, IPMAN, and experts like Prof. Ken Ife and Kelvin Emmanuel, who view it as a transformative step towards energy efficiency and cleaner distribution systemsn. Additional benefits include curbing smuggling, reviving dormant filling stations, and strengthening Nigeria’s CNG transition roadmap under the Presidential CNG Initiative.
