Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea (29352 Views)
| Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Glimpsetv(op): 10:20pm On Oct 27, 2025 |
Man Raises Alarm After Spotting Hundreds of Dangote Tankers, Sparks Monopoly Fears A Nigerian man has raised concerns after recording hundreds of Dangote fuel tankers lined up on a highway. He claimed that the billionaire businessman, Aliko Dangote, might be planning to dominate Nigeria’s petroleum industry. According to reports, the new fleet of trucks owned by the Dangote Group runs on Compressed Natural Gas (CNG). Each truck is designed to transport refined fuel products such as petrol and diesel directly from the Dangote Refinery to filling stations across the country. The company reportedly plans to deploy about 4,000 CNG-powered tankers in total. These trucks are not only fuel-efficient but also help reduce logistics costs when compared to diesel-powered vehicles. This move, however, has stirred controversy among independent fuel marketers. Many believe it gives Dangote an unfair advantage that could lead to a monopoly in the petroleum distribution sector. Despite the criticism, Dangote Group insists that the decision is purely strategic and aimed at improving efficiency and cutting costs. By handling its own logistics, Dangote is seeking to distribute fuel products directly — bypassing independent marketers who traditionally dominate the supply chain. This new system, which is expected to fully take off by August 2025, represents a major shift in Nigeria’s fuel distribution model. With a capacity of 650,000 barrels per day, the Dangote Refinery is the largest in Africa and one of the biggest single-train refineries in the world. Its massive production scale has raised fears that it could control a significant share of the local market and influence fuel prices nationwide. Industry groups such as the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) have warned that the move might cripple smaller marketers and cause job losses. The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has also clashed with the company over labor-related issues. In response, Aliko Dangote has dismissed claims of monopoly, urging other investors to build their own refineries instead of “using the cry of monopoly to stall growth.” The company also explained that its decision to invest in CNG-powered trucks and manage its own fuel distribution is a response to market challenges, including boycotts and what it described as “unfair competition” from fuel importation cartels. Dangote further noted that over 30 refinery licenses have been issued to private companies in Nigeria — including BUA, Aradel, and Waltersmith — showing that the market remains open for competition. He emphasized that the Dangote Refinery has transformed Nigeria into a net exporter of refined products, improving energy security and reducing dependence on imported fuels. To promote transparency and broader ownership, Dangote also announced plans to list the refinery on the Nigerian Exchange (NGX), allowing ordinary Nigerians to invest and own shares in the company. https://www.youtube.com/watch?v=aScOiRv-OZ8?si=5nJuV54ieFHt-mPF
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| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Glimpsetv(op): 10:22pm On Oct 27, 2025 |
Summary: A Nigerian man filmed hundreds of Dangote fuel tankers, raising fears that Aliko Dangote may be planning to dominate Nigeria’s petroleum industry. The Dangote Group recently introduced thousands of CNG-powered trucks to distribute refined fuel directly from its refinery, bypassing independent marketers. While critics see it as an attempt to monopolize the market, Dangote insists it’s a strategic move to cut costs and improve efficiency. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by pdppower: 10:29pm On Oct 27, 2025 |
Let NUPENG and others build their own refineries too and stop screaming Dangote. Very selfish set of people |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by daylae(m): 11:08pm On Oct 27, 2025 |
He should start his own business and compete with dangote |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by IAM4BAT4plus4: 11:08pm On Oct 27, 2025 |
pdppower:God bless you sir.. Land sha nor finish for Nigeria |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by RightToReject(m): 11:09pm On Oct 27, 2025 |
Envy is worrying him and his likes. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Hopez456(m): 11:10pm On Oct 27, 2025*. Modified: 11:35am On Oct 28, 2025 |
How I wish the pipelines are working, there won't be need for this metallic monsters plying the roads. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Gotocourt: 11:11pm On Oct 27, 2025 |
The most misunderstood word in Nigeria is monopoly |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Warmaterial(m): 11:12pm On Oct 27, 2025 |
That's how it should be, if E pain dem make dem do dia own. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by bluefilm: 11:13pm On Oct 27, 2025 |
The man raising this alarm and crying wolf now must be from nupeng or pengassan |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by alex2much(m): 11:13pm On Oct 27, 2025 |
Speak from a knowledgeable point not ignorance. pdppower: |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by bid4rich(m): 11:13pm On Oct 27, 2025 |
E be like say na now the OP wake up from sleep. ![]() |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Aidoko2: 11:13pm On Oct 27, 2025 |
Monopoly kee you there. People wey no do monopoly could not stop fuel scarcity for ages. Dangote we dey your back like rock |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by aribisala0(m): 11:13pm On Oct 27, 2025 |
Dangote is 68 Nigeria will inherit the refinery |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Krankhead: 11:15pm On Oct 27, 2025 |
Why don't you buy your own and stop complaining |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by lightwind(m): 11:17pm On Oct 27, 2025 |
$ I wish dangote company could be fixing Nigerian bad roads as well as they ply the roads. A lot of our roads are dangerous to use... State roads and Federal roads. $ |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by casualobserver: 11:18pm On Oct 27, 2025*. Modified: 9:23am On Oct 28, 2025 |
Nigerians are not used to businesses operating at scale and efficiency. we are used to imported tokunboh rickety trucks, with bald tyres and the tank welded by local welders. This is what happens when a man investS $20B in a business. I can bet you each of those brand new smart looking dangote trucks costs less or the same as the ricketty tokunboh fuel tankers. Thats barganing power of scale at work. when you are buying 10,000 trucks, the manufacturer can even sell to you at cost or even a loss knowing he will make his money on service parts. meanwhile you are buying tokunboh, the foreign dealer wants to make 20%, the nigerian dealer wants to make 30%. you will then fabricate the tank in Nigeria at more than the cost of a factory tank fabrication in china. Dangote will replace the trucks after 5 years and sell to you the one man retailer at the same price he paid for it new. Nigerians think they are businessmen because in Nigeria no matter how inefficient you are you add 100% to your cost and somebody will buy, Nigerians dont understand business, everybody wants to be the owner of an inefficient small scale business and be a big man in a small pond. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Dee60: 11:19pm On Oct 27, 2025 |
Dangote is the correct NNPC! What they could not achieve in decades, one man has done in a few months. How O wish we can eradicate corruption in Nigeria but it's difficult because corruption has now become a culture. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by kingolu1(m): 11:19pm On Oct 27, 2025 |
The era of fuel subsidy is gone forever,so you don't expect the fuel cabals to fold their arms and do nothing ,is just like a criminal which only source of making money is stealing ,so no matter what a criminal person will always be a criminal,I know is just a matter of times, Nigeria will surely be better.how I wish all the governors can actually sit up and do something great with all the allocations there are recieving,do you see or hear any of the governors complaining about the president , because the president as already shoulder a lot of their burden. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by iichidodo: 11:19pm On Oct 27, 2025 |
It's all about control, he who controls the piper pays the tune. I cannot invest billions of dollars on a refinery only to see all my efforts frustrated by a gang of petrol cartel banditos...Dangote is just been thoroughly, meticulously and strategically efficient at squeezing these cabals out of the business. The least the cabal can do is to bandy about and procure a refinery, then it's game on.. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by UrbaneHR: 11:20pm On Oct 27, 2025 |
lightwind:He pays very heavy taxes. You want him to repair the roads on top of the taxes he pays. Next, you will ask him to feed the masses. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Emeskhalifa(m): 11:22pm On Oct 27, 2025 |
Just a quick question, should Dangote departs the world today, what will happen to the refinery? The government will takeover or his family members will continue with it |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by AMI3(m): 11:22pm On Oct 27, 2025 |
Well soon we will be at the mercy of dangote. One day he can wake up and say no fuel in Nigeria u will not beat him. When will Nigeria refinery be working again? Some months ago every body was shouting Nigeria refinery is working little did we know that we were scammed. Please what is happening to the refinery that worked before? |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by juwoonn(m): 11:27pm On Oct 27, 2025 |
Misleading headline.. Shioorrr |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by HawkTuahGirl: 11:27pm On Oct 27, 2025 |
lightwind:He constructed cement road from Apapa down to Oworonsoki. Still construct another one for lekki. Thats all I know, I believe, hes done more than that What more can he do? |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by yarimo(m): 11:30pm On Oct 27, 2025 |
PENGASSAN, NUPENG, DAPPMA,PETROAN and bitter Obidients go and build your own refinery and stop interfering in another man business. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Sirjamo: 11:31pm On Oct 27, 2025 |
We know where the man comes from There's only one tribe always complaining about monopoly Where they are better than others. It's competence Where others are better than them, it's monopoly |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Jayhome24: 11:32pm On Oct 27, 2025 |
Pls the people complaining should pls go and build their own refinery and brings in their own 10,000 trucks and stop crying Dangote this Dangote that. I don't like the marketers, NUPENG and PENGASAN or whatever at all. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by SonOfWords(m): 11:32pm On Oct 27, 2025 |
AMI3:APC happened to the refineries. |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by oneMalik: 11:33pm On Oct 27, 2025 |
Na JONZIN deh worried the man ! wetin be monopoly here na ? that sector has been and still open like every other sectors in Nigeria to tap from but people preferred importation . Ride on ALIKO we deh with you . |
| Re: Man Raises Alarm After Spotting Hundreds Of Dangote Tankers, Sparks Monopoly Fea by Dizu(m): 11:35pm On Oct 27, 2025 |
Play with dangote first and see |
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