₦airaland Forum

Emeskhalifa:
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

Emeskhalifa:
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

RightToReject:
Envy is worrying him and his likes.

aribisala0:
Dangote is 68

Nigeria will inherit the refinery

Emeskhalifa:
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

pdppower:
Let NUPENG and others build their own refineries too and stop screaming Dangote. Very selfish set of people

aribisala0:
Dangote is 68

Nigeria will inherit the refinery

pdppower:
Let NUPENG and others build their own refineries too and stop screaming Dangote. Very selfish set of people

Glimpsetv:
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

bluefilm:
The man raising this alarm and crying wolf now must be from nupeng or pengassan

aribisala0:
Dangote is 68

Nigeria will inherit the refinery

Ezekiel2122:
One person get money he uses it to buy luxurious cars, chains and others another get money, he use it to do business... later, he said one person is trying to monopolise a country... so, he's expecting everybody to be wise like him??

bluefilm:
The man raising this alarm and crying wolf now must be from nupeng or pengassan

Sirjamo:
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

Glimpsetv:
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

casualobserver:
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.