Dangote Refinery Slashes LPG Price Again To ₦760/kg, Driving Major Relief for Nigerians and Reshaping Domestic Energy Market

In a bold move that continues to redefine Nigeria’s energy landscape, the Dangote Petroleum Refinery has once again announced a reduction in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, a decision that promises to ease the burden on millions of households battling high living costs.

The refinery’s new ex-depot price now stands at ₦760 per kilogram, down from ₦810 just last week, marking the second major price cut in less than a month. This consistent downward trend underscores Dangote’s growing role as the key driver of affordability and price stability in Nigeria’s domestic energy sector.

The new price places Dangote Refinery far ahead of other major suppliers in the market. Matrix and Ardova depots are currently selling at ₦920 per kilogram, while A.Y.M. 

Shafa and NIPCO maintain prices at ₦910 per kilogram. Stockgap Depot, one of the largest players in the industry, reportedly sells for as high as ₦950 per kilogram.

This wide margin ranging between ₦150 and ₦190 per kilogram clearly illustrates Dangote’s market influence and its growing determination to stabilize gas prices nationwide.

According to energy industry analysts, this move is part of a deliberate strategy by the refinery to reshape market dynamics and discourage arbitrary price hikes that have long plagued the sector. By maintaining significantly lower prices, Dangote is setting a new competitive benchmark that could compel other depots to follow suit, ultimately making LPG more affordable and accessible to ordinary Nigerians.

Experts have also linked the refinery’s pricing policy to its broader national objectives boosting domestic energy production, reducing dependence on imported fuel, and aligning with the federal government’s clean energy transition agenda.

For millions of Nigerians, the reduction represents a welcome relief amid rising inflation and economic pressure. Many households, particularly in urban and peri-urban areas, have expressed optimism that the latest cut will soon translate to lower retail prices in local markets, where cooking gas costs often soar above depot rates due to distribution inefficiencies.

If this trend of strategic price reduction continues, the Dangote Petroleum Refinery could achieve more than just market dominance, it could stabilize Nigeria’s LPG sector, promote cleaner energy adoption, and significantly reduce the use of firewood and charcoal, thereby contributing to environmental preservation and improved public health outcomes.

With this latest intervention, Dangote once again demonstrates its readiness to lead a transformational shift in Nigeria’s energy economy, ensuring that clean, affordable, and locally produced gas becomes a sustainable reality for all.