Dangote advances CNG investment for economic growth

To boost economic growth, Dangote Group has unveiled plans to invest in Compressed Natural Gas (CNG) to facilitate transportation and trade.

It stressed that the move is part of efforts to reduce carbon footprints and costs over the past decade.

Senior Adviser to the Group President on Special Projects and Strategic Relations, Fatima Wali-Abdurrahman, at the 19th Trade Fair organised by the Abuja Chamber of Commerce and Industry (ACCI) on the theme: “Mobility Options for Transportation, Trade Financing and Taxation,” said the group had contributed to growing the Nigerian economy through transportation, trade financing and taxation.

She pointed out that the company was also investing in CNG to reduce the carbon footprint and reduce cost, noting that the group had converted about a third of its fleet so far to achieve the mission.

She added that the company is investing hugely in the agricultural sub-sector of the economy, assuring that the organisation’s products would soon hit the market.

ACCI’s President, Emeka Obegolu, who was represented by the Vice President Legal, Aisha Ado Abdullahi, while describing Dangote Group as the engine room of Nigeria’s industralisation, commended the company for what he said was an “unwavering commitment to Nigeria’s development.”

In another development, Dangote Cement has taken a significant step towards enhancing the operational capabilities of small and medium-sized enterprises (SMEs) by providing a 33 KV power line and transformer to the Jakura Marble Industry Ltd (JMIL) in Kogi State.

Speaking at the handing over ceremony, Plant Director, Dangote Cement Plc, Obajana Plant, Azad Nawabuddin, clarified that the project involved extending high-tension power lines from Oyo community, over five kilometres, to JMIL’s facility, where the power was stepped down through an installed transformer.

He reiterated Dangote Cement’s commitment to supporting not only JMIL, but Nigerians, particularly within the host community for youth development and SMEs in the country.