The President of Dangote Group, Aliko Dangote, on Monday dismissed claims of monopoly as the company rolled out 4,000 Compressed Natural Gas trucks in Lagos.
Speaking at a press conference, Dangote said the company had already invested ₦2 trillion in trucks and logistics. He explained that the new CNG fleet would ease transportation and stabilise fuel supply.
Petrol marketers had accused the group of monopolistic practices in the downstream sector, but Dangote rejected the claims.
“We are not here to take anyone out of the market. The trucks we are deploying have already created 24,000 jobs, with salaries four times the minimum wage,” he said.
He revealed that the company had purchased 10,000 trucks, including CNG and dry cargo carriers, stressing that the fleet would modernise Nigeria’s transport sector.
“Every day, trucks will be arriving. By the end of November, we will have 10,250 CNG trucks in operation,” he assured.
On future expansion, Dangote disclosed that electric vehicles would be rolled out by January 2026, alongside the refinery’s growing capacity. He also said Nigeria would soon become the largest producer of fertiliser globally, describing it as “a big celebration for Nigeria.”
“Our aim is to modernise, generate jobs every day, and make life easier for Nigerians. We are not going to be distracted by the noise of unions,” he said.
Dangote added that the company currently lifts 40,000 tonnes of diesel every month, while over 1.6 billion litres of fuel had been exported. He maintained that the group would continue to take “the risks out of Nigeria” while positioning the country as a hub for energy and industrial growth.
At the refinery on Monday, the newly acquired trucks began loading petroleum products for direct supply to filling stations nationwide. Our correspondent at the launch reported that the trucks took turns at the gantry to load products.
The refinery had announced in August that it received the first batch of its 4,000 CNG-powered trucks for the fuel distribution programme, which was initially set to commence on August 15.
