After PMS, Dangote Refinery Slashes Cooking Gas Price Below N800/kg, Lowest in Nigeria

After PMS, Dangote Refinery Slashes Cooking Gas Price Below N800/kg, Lowest in Nigeria

  • Africa’s biggest refinery has slashed its cooking gas prices to the lowest in 2025, prompting other depots to follow suit
  • Checks showed that Dangote Refinery lowered the cooking gas price to below N800 per kilogramme, easing hardship for Nigerians
  • This move came barely 24 hours after the refinery reduced its petrol prices to N820 per litre from N854

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Africa’s largest refinery, Dangote Refinery, has slashed the price of liquified natural gas (LPG), also known as cooking gas, a few hours after cutting petrol rate, a move that has sent joy to Nigerian households.

The mega refinery reversed the petrol ex-depot price to N820 per litre from N854 on Tuesday, August 12, 2025, sending PMS costs tumbling across depots.

Dangote Refinery leads market operators with the cheapest cooking gas price
Dangote Refinery slashes cooking gas prices a few hours after cutting petrol rate. Credit: NurPhoto/Contributor
Source: Getty Images

The latest price is also the lowest the refinery has sold cooking gas for in 2025, after rates had previously jumped above N1,000 per kilogramme.

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Dangote’s cooking gas price cheapest in Nigeria

Checks by Legit.ng on petroleumpriceng’s price data show that the refinery slashed the LPG price to N740 per kg, the lowest among depot operators and cheapest in Nigeria.

The latest price is also the cheapest the refinery has sold cooking gas in 2025 after rates jumped above N1,000 per kilogramme.

Experts have hailed the move as exemplary, urging other operators to follow suit.

They also attributed the latest price cut to the declining crude oil prices in the international market.

Crude oil prices slump

“International crude oil price is a great factor in setting petroleum product prices globally,” energy analyst and Team Lead at Platforms Africa, Adeola Yusuf, said.

According to him, falling crude prices mean falling petroleum product prices, and vice versa.

Findings show that Brent Crude slumped 0.66% on Wednesday, August 13, 2025, to sell at $65.46 per barrel.

Read also

NNPC reverses, increases petrol price again across filling stations

WTI fell 0.75% to sell for $62.35 per barrel, while Murban Crude sold for $67.52 per barrel, recording a 0.89% decline.

A reversal of fortune for Nigerians

This development came after Legit.ng reported that cooking gas prices are on the rise again.

For the fifth straight month, cooking gas prices in Nigeria have risen, tightening the squeeze on household budgets.

According to fresh data from the National Bureau of Statistics (NBS), refilling a 5kg cylinder now costs ₦8,323.95—up 1.92% from May’s ₦8,167.43 and a hefty 19.49% more than in June 2024.

The pain is sharper for larger households. A 12.5kg cylinder refill now costs an average of ₦21,010.56, marking a 1.46% rise from May and a staggering 33.52% jump compared to last year’s ₦15,736.27.

Where it’s cheapest and costliest

Oyo, Plateau, and Yobe currently offer the lowest 5kg refill costs at ₦7,100, ₦7,200, and ₦7,600, respectively. For the 12.5kg size, Yobe leads with ₦19,000, followed by Niger (₦19,242.48) and Jigawa (₦20,025.94).

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Petrol nears N1,000 per litre in major Nigerian cities as supply pressures mount

At the other extreme, the South-South zone records the highest average: ₦8,871.63 for a 5kg cylinder and ₦22,179.08 for a 12.5kg refill. In contrast, the South-West pays the least regionally—₦7,960.42 and ₦20,402.42, respectively.

Why the surge won’t stop

Despite being Africa’s largest oil producer, Nigeria imports much of its cooking gas.

This dependence makes local prices vulnerable to swings in the global market.

Disruptions in supply chains, increased global demand, and geopolitical tensions have driven up costs worldwide.

Nigerians are happy as Dangote Refinery cuts cooking gas price
Relief for Nigerian households as Dangote Refinery cuts cooking gas price again. Credit: Picture Alliance/Contributor
Source: Getty Images

The naira’s persistent weakness worsens the situation, as importers pay more to secure foreign exchange, passing the burden to consumers.

Dangote Refinery slashes cooking gas price

Legit.ng earlier reported that a few days after threatening to slash the price of liquefied natural gas (LPG) in Nigeria, Aliko Dangote seems to have made good on his promise.

A prior report by Legit.ng disclosed that the billionaire announced plans to cut cooking gas prices and cautioned marketers against bypassing traditional distribution channels if they do not comply with the refinery’s pricing guidelines.

The billionaire businessman disclosed this during a facility tour with the Lagos Business School’s GCEO Africa delegation at the Lekki-based refinery on Tuesday, July 15, 2025.

Source: Legit.ng

Authors:
Pascal Oparada avatar

Pascal Oparada (Business editor) For over a decade, Pascal Oparada has reported on tech, energy, stocks, investment, and the economy. He has worked in many media organizations such as Daily Independent, TheNiche newspaper, and the Nigerian Xpress. He is a 2018 PwC Media Excellence Award winner. Email:pascal.oparada@corp.legit.ng