Business leader Aliko Dangote has raised fresh concerns over the worsening fuel situation across parts of Africa, warning that the crisis could force several countries to revert to work-from-home arrangements similar to those seen during the COVID-19 pandemic.
Speaking after recent assessments of energy supply challenges, Dangote highlighted the growing strain caused by rising fuel costs, supply disruptions, and logistical bottlenecks affecting both businesses and daily life. According to him, the situation is already impacting productivity levels and increasing the cost of operations for companies across multiple sectors.
He cautioned that if the trend continues unchecked, governments and private organisations may have little choice but to adopt remote working models once again. This, he noted, would help reduce transportation costs for workers and ease pressure on already stretched fuel supplies.
Dangote explained that during the COVID-19 pandemic, many businesses successfully transitioned to remote work, maintaining operations despite widespread lockdowns and restrictions. However, he stressed that returning to such a system under current economic conditions would not be ideal, as it reflects deeper structural issues within energy supply chains rather than a temporary health emergency.
The industrialist further warned that small and medium-sized enterprises (SMEs) are likely to bear the brunt of the crisis, as they often lack the financial resilience to absorb rising fuel and logistics costs. He added that prolonged instability in the energy sector could lead to reduced output, job losses, and slower economic growth across the continent.
Dangote called for urgent and coordinated action by governments, energy stakeholders, and investors to stabilise fuel supply, improve refining capacity, and strengthen distribution networks. He emphasised the importance of long-term solutions, including increased local production and infrastructure development, to reduce dependence on imports and shield economies from global price shocks.
While acknowledging ongoing efforts in some countries to address the issue, he maintained that more decisive steps are required to prevent further disruption. Without swift intervention, Dangote warned, the fuel crisis could significantly reshape how businesses operate, potentially pushing millions of workers back into remote work conditions reminiscent of the pandemic era.
READ ALSO:
- NECO: 58,187 Candidates Sit for 2026 Common Entrance as Registration Declines
- Yvonne Jegede slams Tinubu administration over insecurity, says Nigerians are not “doormats”
- Former UNILORIN Vice-Chancellor, Prof. AbdulGaniyu Ambali, Dies at 68
- CBN Introduces Stricter Forex Rules, Slams ₦100m Fine on Banks Over Documentation Breaches
- Tinubu Celebrates Iyalode of Remoland, Sade Ogunbiyi, on 80th Birthday
