Nigerian households can breathe a little easier as the cost of liquefied petroleum gas, commonly known as cooking gas, is set to fall nationwide. The relief comes after Dangote Refinery, along with major depot owners and marketers, announced significant price cuts.
A market check conducted by DAILY POST reveals that Dangote Refinery has lowered its LPG gantry price by N30, bringing it down to N950 per kilogram. The move triggered an immediate ripple effect across the supply chain, with depot owners and marketers moving swiftly to adjust their own rates.
Among those responding to the price cut are 11PLC, formerly known as Mobil, as well as NAVGAS, Ranoil, and PPMC. These players have reduced their ex-depot cooking gas prices to between N955 and N960 per kilogram, marking a reduction of N15 to N30 per kilogram across the board.
At the retail level, filling stations operated by Ranoil, the Nigerian National Petroleum Company (NNPC), and Shafa are now selling cooking gas at prices ranging from N1,300 to N1,450 per kilogram. Meanwhile, other LPG retailers in Abuja and its surrounding areas are charging N1,500 per kilogram, a rate that has remained unchanged since July 2026.
This development follows a dramatic surge in cooking gas imports, which skyrocketed by 1,400 percent in June, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The combination of increased supply and these latest price adjustments could offer some much-needed relief to consumers who have been grappling with high energy costs.
