In a major move aimed at easing the burden on Nigerian households, the Dangote Petroleum Refinery has announced a significant reduction in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas.

The company slashed its ex-depot price from ₦810 per kilogram to ₦760 per kilogram, marking its second price cut in recent weeks. The development is expected to bring much-needed relief to millions of families struggling with the rising cost of domestic gas across the country.

MushinesNews gathered that industry observers have hailed the move as a “market stabilizer,” noting that most other depots currently sell LPG between ₦910 and ₦950 per kilogram. The Nigerian National Petroleum Company Limited (NNPCL) also commended the refinery’s decision, describing it as a positive step toward restoring price stability in the LPG market.

Despite the reduction, experts caution that the effect may take some time to reflect fully at retail outlets due to transportation costs, dealer markups, and supply chain challenges. However, analysts say the move by Dangote could pressure other suppliers to adjust their prices downward, potentially normalizing the market in the coming days.

The recent scarcity and surge in cooking gas prices have forced many households to revert to firewood and charcoal, heightening concerns about deforestation and health risks. With Dangote’s intervention, consumers are hopeful that gas prices will finally stabilize and become affordable again.

If the price cut is sustained, it could mark the beginning of a gradual recovery in Nigeria’s domestic energy sector — and offer lasting relief to homes already hit hard by inflation.