Yan Nigeria
Nigerians may soon feel a much-needed relief as the Dangote Group is set to reduce the price of Liquefied Petroleum Gas (LPG), also known as cooking gas.
Aliko Dangote, the company’s president, disclosed this at a recent tour of his refinery.
According to him, the current price of cooking gas is expensive and unaffordable for many Nigerians who rely on firewood for cooking….Read More…>>>
The one that we didn’t write, which you must have seen, is LPG. Currently, we do LPG of about 2,000 tonnes per day.
“You know Nigeria is gradually moving to the usage of LPG. But I believe it is expensive, but right now we’re trying to bring down the price and make it cheaper,” he stated.
Dangote warned that if distributors don’t reduce prices, the company will sell directly to consumers, allowing people to transition from firewood or kerosene to LPG for cooking.
He stated, “If the distributors are not trying to bring it down, we’ll go directly and sell to the consumers, so that people will now transition from firewood or kerosene to LPG for cooking.”
The refinery currently produces 22,000 tonnes of LPG daily and is ramping up production to meet domestic demand.
This move aims to make cooking gas more affordable, with prices hovering around ₦1,000 to ₦1,300 per kilogramme expected to be brought down.
However, the refinery’s bold move to sell cooking gas directly to consumers has lit a fire under Nigeria’s LPG market—but not everyone is celebrating. Gas marketers are pushing back hard, warning this could wreck the existing supply chain and create a Dangote-dominated market.
“This isn’t just business—it’s an ecosystem killer,” says Godwin Okoduwa, former head of the Lagos Chamber of Commerce’s gas group. He paints a grim picture of vanishing jobs and a lopsided market if Dangote cuts out the middlemen.
Similarly, Bassey Essien, Executive Secretary of the Nigerian Association of LPG Marketers, criticized Dangote’s proposal as “unrealistic,” insisting that there are costs associated with distribution that the refinery may not fully account for in its pricing model.
Despite the resistance, many Nigerians have welcomed the development. On social media, the news has gone viral with hashtags like #DangoteGas, #CrashThePrice, and #CookingGasRelief, as citizens commend the move as a timely intervention in a worsening cost-of-living crisis.
“This is what real capitalism looks like. The people win when competition is introduced,” one X user commented.
Another wrote: “Marketers have been exploiting us for too long. Let Dangote sell directly. We’re tired.”
Dangote’s direct-to-consumer model could drastically alter Nigeria’s LPG sector, offering cheaper gas options to millions and pressuring other distributors to reduce prices. If implemented successfully, it may also push regulatory bodies like the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to revisit current gas pricing and distribution frameworks.…Click Here To Continue Reading>>
