Nigerians can now breathe a sigh of relief as the Dangote Petroleum Refinery has reduced the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, to ₦760 per kilogram.
The new price, down from ₦810 last week, marks the refinery’s second major price cut in less than a month. The move is expected to ease the financial burden on millions of households facing rising costs of living and inflation.
Industry experts have praised the refinery’s decision, saying it will help stabilise the domestic gas market and make cooking gas more affordable.
“This is a welcome development for Nigerian families who have been struggling with high gas prices. Dangote’s move is setting a new standard for fair pricing in the energy sector,” said an industry analyst.
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Compared to other major suppliers, Dangote’s new price is significantly lower. Matrix and Ardova depots currently sell at ₦920 per kilogram, while A.Y.M Shafa and NIPCO sell at ₦910. Stockgap Depot, one of the largest players in the market, sells for as high as ₦950 per kilogram.
The refinery’s latest adjustment shows its growing influence in driving affordability and competition within Nigeria’s energy market.
Many Nigerians have taken to social media to commend the company for what they describe as a “timely intervention” that will reduce household expenses.
With this latest reduction, Dangote Refinery continues to strengthen its position as a key player in making essential energy products accessible and affordable for all.