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Dangote's CNG Truck Fleet Is a Survival Strategy, Not Just Innovation - Expert
The Business NG
|The BusinessNG
Financial analyst and former bank CEO, Chika Mbonu, has described Dangote Group's rollout of 4,000 Compressed Natural Gas (CNG) trucks as a “fight for survival,” revealing that the move was driven by alleged attempts by competitors to frustrate product distribution from the $20 billion Dangote Refinery.
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Speaking on the Drinks n Mics podcast hosted by Nairametrics, Mbonu said the bold deployment was a counter-offensive against petroleum importers who deliberately refused to lift refined products from Dangote's facility while resorting to illegal imports.
This story is from the The BusinessNG edition of The Business NG.
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