In a development that may reshape Nigeria’s domestic gas market, the Dangote Petroleum Refinery has once more lowered its ex-depot price for Liquefied Petroleum Gas (LPG) popularly known as cooking gas. The price decreased from ₦810 per kilogram last Wednesday to ₦760 per kilogram today.
Newsonspot reports that Dangote Refinery offers Liquefied Petroleum Gas (LPG) at a rate of ₦760 per kilogram, positioning it as the most affordable option in the local market.
In comparison, both Matrix and Ardova depots have set their price at ₦920 per kilogram. Meanwhile, A.Y.M Shafa and NIPCO provide their LPG at ₦910 per kilogram.
Stockgap Depot one of the biggest players in the market charges the most, with a price of ₦950 per kilogram.
The disparity in pricing, with Dangote’s rate at ₦760/kg compared to others priced between ₦910 and ₦950/kg, illustrates a difference of ₦150 to ₦190 per kilogram. This underscores the refinery’s strategic effort to reshape the market and pressure competitors to lower their prices.
Industry experts suggest that the price difference is part of a strategic move by Dangote Refinery to regulate pricing at depots and combat unwarranted price increases that have historically disrupted the LPG market.
“Dangote’s post-maintenance price cut shows intent, not only to restore volumes but to realign pricing discipline in the domestic LPG market,” an industry analyst said.
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.
