By Abdullahi Mukhtar Algasgaini
The Dangote Group has announced its plan to distribute petroleum products across Nigeria free of charge in an effort to reduce the soaring fuel prices in the country.
A fleet of Compressed Natural Gas (CNG)-powered trucks has already arrived in Lagos, signaling the company’s commitment to easing the fuel supply crisis.
This move comes as the Nigerian government tightens regulations on petroleum distribution, potentially displacing independent marketers from the sector.
Meanwhile, Aliko Dangote has announced his retirement from the cement business to focus entirely on the petroleum industry.
The development has sparked mixed reactions among Nigerians, with many questioning how this shift will reshape the nation’s fuel market dynamics.