Dangote Cemet Plc has committed to Nigeria’s clean energy future with an investment of over $280 million equivalent to N460 billion in Compressed Natural Gas (CNG) technology and infrastructure.
This development has been put in place to support President Bola Ahmed Tinubu’s CNG initiative which aims to move Nigeria towards a low carbon economy and deliver sustainable, more affordable energy solutions.
At a recent event, the billionaire businessman, Aliko Dangote said the company’s investments in CNG are also in line with Nigeria’s Nationally Determined Contribution (NDC) under the Paris Agreement, which aims for net-zero emissions by 2060.
Group Managing Director of Dangote Cement Plc, Arvind Pathak, said the investment is aimed at acquiring 100% CNG trucks as part of a long-term plan to transition its entire fleet to CNG and by mid -2026.
The company plans to acquire 100% CNG trucks, starting with an initial batch of 1,500 mono-fuel CNG trucks, followed by an additional 1,600 trucks, totalling 3,100 by year-end.
Dangote has already established a CNG station in Obajana, capable of refueling over 3,000 trucks, and another station is under development in Ibese to further bolster its operations.
“We are now using CNG vehicles, especially with the new policy of the Federal Government, launched under the Renewed Hope Agenda by His Excellency, President Bola Ahmed Tinubu. We are committed to a cleaner and greener future,” he added.
He commended the President’s leadership in this area and expressed optimism about the transition to clean and affordable energy.
