CNG tankers are emerging as a strategic lifeline for fuel marketers in Nigeria, with potential to cut operating costs by up to 40%, according to the Major Energies Marketers Association of Nigeria (MEMAN).
The message came as MEMAN weighed the implications of Dangote’s 4,000-truck rollout and called for fair infrastructure access to ensure the benefits of this shift reach all players.
CNG Tankers
CEO Clement Isong urged marketers to transition from diesel, noting that early adopters could gain a significant edge.
However, he cautioned that unequal access to infrastructure might allow dominant players to monopolise the benefits.
CNG Adoption Accelerates
As Nigeria’s fuel logistics sector undergoes rapid change, the Major Energies Marketers Association of Nigeria (MEMAN) is calling on regulators to actively protect competition—especially as more marketers embrace CNG technology.
Dangote’s Distribution Rollout
Meanwhile, the Dangote Refinery launched 4,000 new distribution trucks, prompting MEMAN to monitor the potential impact on market dynamics.
“We must fully understand the broader impact before responding,” Isong stated.
Calls For Stronger Oversight
Industry leaders, regulators, and economists joined the discussion to examine the implications of deregulation.
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MEMAN chairman Huub Stokman urged regulators to maintain oversight and promote fair competition.
World Bank economist Samer Matta added that concentrated markets limit innovation and affordability.
Protecting Smaller Players
CEO of Transaharan, Francis Anatogu, called for enforceable dominance thresholds and faster dispute resolution to safeguard smaller competitors.
Infrastructure And Innovation
MEMAN also encouraged investment in CNG infrastructure and energy-efficient solutions, such as solar-powered service stations and shared logistics.
Monitoring Market Power
The association pledged to closely examine Dangote’s distribution strategy and urged regulators to step in if any player threatens market balance.
