The Dangote Petroleum Refinery has announced a N720 billion investment to deploy 4,000 Compressed Natural Gas (CNG) trucks nationwide — a move expected to cut Nigeria's annual fuel distribution costs by over N1.7 trillion and offer direct relief to more than 42 million MSMEs.
Set to begin operations by August 15, the trucks will deliver fuel directly to filling stations, large businesses, and industries, eliminating middlemen and reducing logistics expenses. The result: lower pump prices, improved fuel access, and potential business savings, especially for SMEs in remote areas.
With daily national fuel demand at 65 million litres, current logistics costs hover around N45 per litre. Dangote's CNG-powered model is expected to reduce this significantly, while also creating over 15,000 direct jobs through new logistics hubs and filling stations.
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"This is not just a transport shift — it's an economic reset," said energy expert Bismarck Rewane, highlighting the benefits of uniform fuel pricing and reduced supply chain waste.
The Presidency and industry groups, including the Independent Petroleum Marketers Association of Nigeria (IPMAN), welcomed the development. IPMAN said the new trucks will ease long-standing distribution challenges caused by dormant pipelines and high transportation costs.
Experts say the initiative will also revive dormant filling stations, promote cleaner energy, and improve competitiveness for small businesses grappling with high fuel costs.
For many MSMEs across Nigeria, the refinery's move could be a game-changer — reducing operating costs, improving fuel availability, and supporting business stability in a tough economy.
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