Dangote Group Invests Over $280 Million in CNG, Supporting Nigerian President's Initiative
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The Dangote Group, founded by billionaire Aliko Dangote, is a leading multinational industrial conglomerate in West Africa and one of the largest on the African continent.
The Dangote Group, supporting Nigerian President Bola Tinubu's initiative to make compressed natural gas (CNG) Nigeria's transition fuel, invested over $280 million in CNG technology and infrastructure.
According to local media, Tinubu aims to boost private sector investment, expand CNG infrastructure, and improve energy efficiency by distributing one million free CNG conversion kits for commercial vehicles.
“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 fueling infrastructure, ensuring that our growing fleet has reliable access to CNG as our fuel,” Arvind Pathak, Dangote Cement's Group Managing Director, stated.
Aliko Dangote, CEO of the Dangote Group, emphasized that the company's CNG investments align with Nigeria's commitment to achieving net-zero emissions by 2060 under the Paris Agreement.
"In this pursuit of transition to clean energy, we are optimistic of a remarkable accomplishment by President Bola Ahmed Tinubu, as he has taken the lead in the nation’s drive towards energy efficiency. This presupposes private sector intervention to support this noble idea initiated by the president," he said.
Dangote's early adoption of CNG made it the largest operator of CNG trucks in Nigeria, contributing to President Tinubu's goal of enhancing the nation's energy independence and securing a more sustainable energy future, Nigerian media reported.
