Nigeria Among Top 10 Cheapest Countries for Cooking Gas, Prices Drop

Nigeria has been ranked as one of the ten cheapest countries for liquefied petroleum gas (LPG), commonly known as cooking gas, according to recent data. The country's position as the tenth cheapest market for LPG comes as Dangote Refinery announces a price cut to ease household cooking expenses.

Despite Nigeria's vast natural gas reserves, challenges like import dependence and poor distribution systems have led to fluctuating gas prices. The refinery's decision to reduce LPG prices is seen as a positive step towards stabilizing prices and reducing the nation's reliance on imported gas, potentially benefiting consumers and enhancing domestic supply.