
Africa’s wealthiest man and the President of Dangote Group, Aliko Dangote, has attributed rising fuel prices to the Nigerian Union of Petroleum and Natural Gas (NUPENG) workers.
Dangote claimed that NUPENG workers collect as much as ₦50,000 on every truck that loads fuel at the refinery, warning that such charges ultimately push up fuel pump prices and burden consumers.
The billionaire businessman stated this while responding to NUPENG’s accusations that his company is preventing drivers of its newly deployed 4,000 Compressed Natural Gas-powered trucks from joining the union.
“I am saying that there are several charges here, where if a truck is going to load, NUPENG has been collecting about ₦50,000 or ₦48,000 on each truck. By the time everybody collects their own, you are talking about ₦80,000 to ₦84,000. So, who pays for that cost? The consumer actually pays,” Dangote declared.
He described such charges as acts of rent-seeking that discourage efficiency in the sector.
He said the company has learned from its past experiences as a fuel importer, when transporters allegedly held Dangote Group “by the neck,” compelling him to establish an in-house fleet under his brother’s management.
READ MORE:
- Aliko Dangote Foundation Meets Islamic Development Bank Leadership in Jeddah
- NADECO to Launch Ayo Opadokun’s Memoir, Honour Media and Democracy Heroes at Wole Soyinka-Led Event in Lagos on May 20
- Invest In Lagos 3.0 To Attract N4trn In Local & Foreign Direct Investment
- ADC Slams APC Governors, Says Using FAAC Funds for Tinubu’s Campaign Is “Criminal, Shameless”
- Trapped Between Nigeria’s Failure and South Africa’s Xenophobic Violence
“Now that we have launched our own CNG trucks, we will not allow any group to hold us hostage. If there is no evacuation, there is nothing we can do,” he stressed.
Dangote further reiterated that no driver or worker should be compelled to join a union, insisting that the constitution and labour laws make union membership voluntary.
“If anybody wants to join the union, even our own workers, we say, ‘Fine, go and join.’ But it must be voluntary. Even religion is voluntary, you cannot force anyone to convert,” he said.

Publisher,
Lagos Post Online,
Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice.
Email: lagospostng@gmail.com











