Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Retired police officers protest over pension scheme, block Presidential Villa gate

April 20, 2026

Wike-backed faction holds first NEC meeting after police unsealed PDP secretariat

April 20, 2026

Development Commissions, NDDC Resolve to Collaborate with Stakeholders

April 20, 2026
Facebook X (Twitter) Instagram
Trending
  • Retired police officers protest over pension scheme, block Presidential Villa gate
  • Wike-backed faction holds first NEC meeting after police unsealed PDP secretariat
  • Development Commissions, NDDC Resolve to Collaborate with Stakeholders
  • FG Denies Alleged Hidden Spending, Diversion of Federation Revenue
  • NDDC Sets Pace for Development Commissions, Highlights Achievements
  • Huawei launches world’s first horizontal wide foldable phone, beating Apple and Samsung
  • Abducted Benue Travellers Not UTME Candidates, JAMB Clarifies
  • Cross River State Gov Extols NDDC on Niger Delta Development
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Economy»Dangote Backs Tinubu’s CNG Drive With Fresh Investment In Trucks
Economy

Dangote Backs Tinubu’s CNG Drive With Fresh Investment In Trucks

VardiafricaBy VardiafricaOctober 28, 2024Updated:October 28, 2024No Comments6 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The President and Chief Executive of Dangote Group, Aliko Dangote, has expressed support for President Bola Tinubu’s energy transition drive from petroleum products to Compressed Natural Gas (CNG).

At a recent event, the billionaire businessman 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.

“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,” Dangote said.

He noted that the company’s early adoption of CNG has made it the largest operator of CNG trucks in Nigeria, emphasising that the initiative is a boost to President Tinubu’s quest towards enhancing the nation’s energy independence and contributing to a more secure energy future.

“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,” Dangote said.

Similarly, President Tinubu emphasised the urgent need for Nigeria to utilise its vast natural gas resources in the transportation sector. He stated that CNG transportation is an economic necessity for Nigeria, signalling a significant shift in the country’s approach to public transportation and energy use.

“Utilising natural gas to power Nigeria’s transportation industry is the next way to go,” he stated.

On its part, the Dangote Cement said its over $280m investment not only solidifies its leadership in the CNG sector but also reflects its dedication to mitigating climate change and supporting a transition to a low-carbon economy.

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.

Pathak stated, “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 fuelling infrastructure, ensuring that our growing fleet has reliable access to CNG as our fuel.”

Pathak said that the company’s CNG infrastructure investments have positively influenced Nigeria’s transition to cleaner fuels.

He added that the CNG station at Obajana, capable of refuelling over 3,000 trucks, exemplifies this commitment, with a second station currently under development in Ibese to further support fleet operations

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

FG Issues Fresh Flood Warning Across 10 States, Urges Immediate Precautionary Measures

April 15, 2026

FG deploys AI forecast,Set To Unveil 2026 Annual Flood Outlook

April 15, 2026

CBN mandates IMTOs to use naira settlement accounts for diaspora inflows

March 25, 2026

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202443
Don't Miss
Trending
Trending By VardiafricaApril 20, 20262 Mins Read1

Retired police officers protest over pension scheme, block Presidential Villa gate

By VardiafricaApril 20, 20261 Trending Updated:April 20, 202602 Mins Read

Retired personnel of the Nigeria Police Force and their families on Monday blocked a gate…

Wike-backed faction holds first NEC meeting after police unsealed PDP secretariat

April 20, 2026

Development Commissions, NDDC Resolve to Collaborate with Stakeholders

April 20, 2026

FG Denies Alleged Hidden Spending, Diversion of Federation Revenue

April 20, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Retired police officers protest over pension scheme, block Presidential Villa gate

April 20, 2026

Wike-backed faction holds first NEC meeting after police unsealed PDP secretariat

April 20, 2026

Development Commissions, NDDC Resolve to Collaborate with Stakeholders

April 20, 2026
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

Type above and press Enter to search. Press Esc to cancel.