News

The Dangote Petroleum Refinery has further lowered the ex-depot price of Liquefied Petroleum Gas, LPG, reducing it from ₦810 to ₦760 per kilogram in a move that is reshaping Nigeria’s domestic gas market.


The latest cut positions Dangote as the most competitive supplier, offering prices far below those of other major depots.

Currently, Matrix and Ardova depots sell at ₦920/kg, while A.Y.M Shafa and NIPCO charge ₦910/kg. Stockgap Depot remained the highest at ₦950/kg. This creates a price gap of ₦150 to ₦190 per kilogram between Dangote and its competitors.


Industry watchers view this development as part of a broader strategy by Dangote Refinery to stabilize market pricing, discouraged arbitrary price hikes, and make cooking gas more affordable for Nigerian households.


An energy analyst noted that, the refinery’s move signals its intention to exert long-term influence on the market. “Dangote’s post-maintenance price cut shows intent — not only to boost supply volumes but also to enforce pricing discipline across the domestic LPG market,” the analyst said.


The adjustment added to a series of price reductions in recent weeks, underscoring the refinery’s growing impact on the downstream energy sector and its commitment to easing household energy costs nationwide.

Culled/Taiwo Akinola


Energy

Ogun State Governor Prince Dapo Abiodun has called on Liquefied Petroleum Gas Marketers to encourage more Nigerians to adopt the use of LPG for domestic use.

Governor Abiodun who made the call while playing host to the National Association of Liquefied Petroleum Gas Marketers at his Oke Mosan, Abeokuta Office, said the move would help to prevent air pollution and deforestation usually caused by the use of firewood.

The governor expressed concern that the production of gas cylinder in the country had reduced drastically and urged the marketers to promote domestic use of LPG by selling the product at subsidized rate.

Governor Dapo Abiodun while speaking on the use of LPG

Earlier, the Chairman, National Association of Liquefied Petroleum Gas Marketers, Western Zone, Mr Ogunrinde Adebayo had called on the government to make the product available and affordable to Nigerians.

Mr Ogunrinde who also advocated the harmonization of regulatory activities in the sector said the association would collaborate with the state government in ensuring the provision of clean and safe energy.

Bolanle Adesida