Dangote’s CNG Trucks Begin Product Loading At Refinery
Responding, however, Dangote said it decided to jettison the Single Point Mooring (SPM) system for fuel distribution to avoid an extra cost of N75 per litre in handling charges, which would translate to N1.5 trillion annually.
The statement said, “If the Dangote Refinery were to load 40 million litres of PMS and 15 million litres of AGO (diesel) via the Single Point Mooring (SPM) at an extra cost of N75 per litre in handling charges, it would amount to approximately N1.5 trillion annually in avoidable charges.
“By contrast, utilising gantry loading and direct trucking would eliminate these costs entirely, resulting in substantial savings that could be redirected towards critical infrastructure investments.
“Losing N75 per litre to intermediaries who cannot guarantee that the products will be delivered to the Nigerian consumer is not a viable option. Rather than enabling such exploitation, we are committed to partnering with credible distributors and expanding humanitarian outreach, ensuring that petroleum products get to the Nigerian people transparently and affordably.”
The Refinery’s 4000 CNG truck is a project representing an investment of over N720 billion.
The initiative, which began in August 2025, aims to significantly lower logistics costs, reduce the environmental impact of fuel distribution, and benefit over 42 million micro, small, and medium enterprises (MSMEs) by lowering energy costs.
