Dangote Refinery Raises Cooking Gas Prices, Market Reacts Swiftly

Dangote Refinery has increased its cooking gas prices, leading to adjustments by depot owners and major gas dealers like Gasland. This move comes amidst high cooking gas prices and scarcity in Nigeria, particularly affecting households in Ogun and other major cities.

The refinery's new rates have surged to N810 per kilogram for cooking gas and N910 per kilogram for LPG. Despite global market instabilities and fluctuating crude oil prices, experts attribute the high costs to supply bottlenecks.

The situation has prompted concerns about the burden on households and the potential return to traditional fuel sources like charcoal and firewood.