The Dangote Petroleum Refinery has reduced its ex-depot price for Liquefied Petroleum Gas (LPG)—commonly known as cooking gas—from ₦1,100 to ₦970 per kilogram, marking a ₦130 reduction.
This downward adjustment aims to ease household and small business pressures against rising energy costs and encourage wider adoption of clean cooking fuel across Nigeria.
Market Implications & Retail Outlook
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Pressure on Marketers: The wholesale price cut is expected to compel downstream marketers and independent distributors to review their retail pricing structures.
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Logistics Variables: While ex-depot prices have dropped, final retail costs paid by households will continue to vary based on local transportation, storage, and operational overhead across different regions.
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Energy Transition Alignment: Expanding access to affordable LPG supports Nigeria’s national energy transition goals by reducing dependence on traditional biomass and firewood.
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