Dangote Reduces Cooking Gas Price To ₦760/kg

Relief for Nigerians as Dangote cuts cooking gas Price to ₦760/kg

In a move that could transform Nigeria’s domestic energy market, the Dangote Petroleum Refinery has once again reduced the price of Liquefied Petroleum Gas (LPG), also known as cooking gas.

The new ex-depot price now stands at ₦760 per kilogram, down from ₦810 last week.

This marks the refinery’s second major price cut in less than a month, and it continues to position Dangote as the leading driver of affordability in the gas sector.

Industry watchers say the move will bring much-needed relief to millions of households struggling with rising living costs and inflation.

Compared to other major suppliers, Dangote’s price stands far lower. Matrix and Ardova depots currently sell at ₦920 per kilogram, while A.Y.M Shafa and NIPCO are at ₦910 per kilogram.

Stockgap Depot, one of the biggest players in the market, sells for as high as ₦950 per kilogram.

The price gap ranging from ₦150 to ₦190 per kilogram—highlights Dangote’s strong market influence and its growing role in stabilizing Nigeria’s energy prices.

Experts in the petroleum and energy sector have described the refinery’s strategy as a deliberate attempt to reshape market dynamics and discourage unnecessary price hikes by other depots.

By offering cheaper LPG, Dangote is believed to be setting a new benchmark that could force competitors to reduce their prices and make gas more accessible to Nigerian consumers.

Industry analysts also say that the refinery’s latest move aligns with its broader mission to boost domestic energy supply, reduce dependence on imports, and support the federal government’s agenda for clean energy transition.

Many Nigerians have welcomed the development, expressing hope that the reduction will reflect at the retail level, especially in local markets where consumers often face inflated prices.

If sustained, the Dangote Refinery’s consistent price adjustments could not only stabilize the cooking gas market but also encourage more households to switch from firewood and charcoal to cleaner energy sources helping to protect the environment and improve public health.