ABUJA, Nigeria – Nigeria’s Dangote Petroleum Refinery has announced a further reduction in liquefied petroleum gas (LPG) prices, slashing its ex-depot rate by ₦50 per kilogram in a fresh bid to undercut rivals and stabilise the domestic market.
The new price of ₦760 per kilogram, down from ₦810 last week, positions Dangote as the lowest-priced supplier among major players, including Matrix and Ardova, which both maintain ₦920 per kilogram. A.Y.M Shafa and NIPCO list ₦910, while Stockgap Depot stands at ₦950 per kilogram.
Industry observers view the move as a deliberate effort by the refinery to impose pricing discipline on a sector long criticised for arbitrary increases.
“Dangote’s post-maintenance price cut shows intent — not only to restore volumes but to realign pricing discipline in the domestic LPG market,” an energy analyst told reporters.
The ₦150 to ₦190 disparity below competitors is expected to pressure other depots to reduce their rates or risk losing market share.
Analysts believe the price slash could provide relief for Nigerian households struggling with surging living costs driven by inflation. Cooking gas prices have surged in recent years, becoming a major burden for millions of families.
The development reinforces Dangote’s growing influence in Nigeria’s energy market following the refinery’s operational ramp-up earlier this year.
The development comes as consumers across the country continue to face significant financial pressures from inflation affecting essential commodities, with cooking fuel representing a substantial portion of household expenditure for millions of families.
