Dangote Refinery Announces Major Reduction In Cooking Gas Price
Cooking Gas Prices
Dangote Refinery Announces Major Reduction In Cooking Gas Price
In a move that is set to bring relief to millions of households across Nigeria, the Dangote Refinery has announced a significant reduction in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas.
The decision, which comes amid rising concerns over the high cost of living and energy expenses, is expected to ease the financial burden on families who rely heavily on gas for domestic cooking.
According to the management of the Dangote Refinery, the price slash is part of its commitment to ensuring affordable energy for Nigerians. The refinery, which only recently commenced the supply of refined petroleum products, said the reduction is aimed at stabilizing the cooking gas market and reducing dependence on imported LPG.
A Timely Relief For Nigerians
For months, consumers have complained about the skyrocketing prices of cooking gas, which forced many households to revert to firewood, charcoal, and kerosene options that are both unhealthy and environmentally harmful. With the new price slash by Dangote, analysts believe market competition will increase, compelling other major suppliers to follow suit.
Economic experts say this move will also help curb inflationary pressure, as energy costs have a direct impact on food preparation, restaurant services, and other domestic activities.
The federal government and energy stakeholders have applauded the development, describing it as a step toward energy security and affordability. The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) stated that Dangote’s intervention will not only stabilize prices but also improve availability, especially in rural communities.
A spokesperson for the Ministry of Petroleum Resources noted:
“This is a welcome development. Dangote Refinery is showing leadership by addressing the needs of the common man. Affordable cooking gas is critical for achieving cleaner energy goals in Nigeria.”
Beyond immediate relief, the reduction in cooking gas prices is expected to strengthen local markets, encourage wider adoption of LPG, and reduce Nigeria’s dependence on imported products. By ensuring a steady supply at affordable rates, Dangote Refinery is positioning itself as a key player in the nation’s energy transition drive.
The reduction in the price of cooking gas by Dangote Refinery signals a positive shift for Nigerian households and businesses alike. As demand increases and competition grows, experts believe Nigerians could finally enjoy stable, affordable, and clean energy for domestic use.
With this strategic move, Dangote not only strengthens its reputation as Africa’s energy giant but also contributes significantly to easing the economic challenges facing millions of Nigerians today.
