Fuel marketers should leverage real estate, sustainability for survival, says report | The Guardian Nigeria News - Nigeria and World News

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Fuel retailers have been advised to prepare for an emerging future by modernising their service stations to support electric vehicles, supply biofuel as well as capitalize on their real estate..

Fuel retailers have been advised to prepare for an emerging future by modernising their service stations to support electric vehicles, supply biofuel as well as capitalize on their real estate, and zero in on sustainable practices, says a new report by Boston Consulting Group .

The fuel industry has long been facing disruptive forces, and these have only accelerated since the beginning of the COVID-19 pandemic: electric vehicles and alternative fuels have gained significant traction, mobility usage and attitudes have evolved, and customer behaviour has changed dramatically.

Partner and Associate Director at BCG Nigeria, Oluseun Solanke said, “The latest innovations in mobility and renewable power technology is encouraging stakeholders in Nigeria’s energy and automotive industries to develop and deploy solar-powered electric charging ports and expand gas stations in response to the growing fleet of electric and gas-powered vehicles.

 

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data-privacy protection of Nigeria citizens and residents, need a reinvigorated consideration we have been yearning over the years.

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