Dangote Refinery Cuts Cooking Gas Prices by 80% Nationwide, Eases Tensions

The Dangote Refinery has slashed cooking gas prices by 80%, offering relief to Nigerians amid recent price hikes. The reduction to N3,600 per kilogram from N1,050 has been welcomed by consumers.

The Nigerian National Petroleum Company Limited (NNPC) has intervened to stabilize prices, with Bayo Ojulari assuring normalization. Minister Ekperikpo Ekpo has ordered a crackdown on market exploitation.

Analysts speculate on the impact of the refinery's price cut on the retail market.