Dangote Aliko.webp
The Digest:

Aliko Dangote has vowed to aggressively counter fuel importers who bypass his refinery, declaring he will increase his fleet of CNG trucks to 8,000 if necessary to secure market share and protect his $20 billion investment.

Key Points:
  • Dangote said if importers continue favoring foreign fuel, he will add 4,000 more CNG trucks to his existing 4,000.
  • He framed the conflict as a “game of cat and mouse”; he is determined not to lose.
  • The refinery owner stated he is also losing money, but emphasized his priority is the refinery’s survival.
  • Dangote’s prayer is that importers “lose even more money” in the contest.
  • He described fuel distribution as a “logistics business” he is prepared to dominate.
  • The move aims to force market adoption of locally refined products and reduce import dependency.
  • His statement reflects high-stakes pressure to make the landmark refinery commercially viable.
As Dangote deploys capital and capacity in a logistical war, the struggle reveals how industrial transformation is often rooted in a storm of market resistance, where survival depends on outlasting the competition.

Sources: Channels TV, Dangote’s press briefing in Lagos