Dangote Refinery has reduced its cooking gas price to N1,025 per kilogram, effective Tuesday, October 20, 2026, making it the lowest rate among seven major LPG suppliers surveyed by petroluemprice.ng. The adjustment represents a N5 reduction from the previous price of N1,030 per kilogram, a decrease of approximately 0.49%. For consumers, the new depot rate translates to N12,812.50 for a standard 12.5kg cylinder before transportation, distribution costs, and retailers' margins are added.
Depot Price Comparison: Dangote Leads with N145 Gap
Data from petroluemprice.ng shows that Dangote's rate is N145 lower than the next-cheapest options offered by Rain Oil and Techno Oil, both listed at N1,170 per kilogram. Other depot prices for the same date include Navgas at N1,175, NIPCO at N1,180, 11 PLC at N1,180, and Stockgap at N1,225. This means Dangote's price is N200 per kilogram lower than Stockgap, the most expensive depot listed.
The refinery's pricing strategy continues to influence the broader market, as it remains the lowest-cost supplier among the seven depots tracked. The N145 gap between Dangote and the next-lowest competitors highlights a significant price advantage for buyers who can access the refinery directly.
Retail Prices Across Nigeria: From N15,000 to N21,250 per 12.5kg Cylinder
Retail cooking gas prices recorded across 15 Nigerian locations in September 2026 show that consumers paid between N1,200 and N1,700 per kilogram, depending on their location. In absolute terms, a 12.5kg cylinder ranged from N15,000 to N21,250. Shagamu and Badagry recorded the lowest retail prices at N15,000 per cylinder (N1,200 per kg), while Ayobo and Ogba in Lagos recorded the highest at N21,250 (N1,700 per kg).
Other locations included Owode Yewa at N15,500 (N1,240 per kg), Ijebu East, Suleja, Ikorodu, and Warri each at N15,625 (N1,250 per kg), and Ejigbo at N16,250 (N1,300 per kg). Lagos Island was priced at N17,500 (N1,400 per kg). Iriebe in Port Harcourt, Oyo Alaafin, and Eleme in Rivers State each charged N20,000 (N1,600 per kg), while Biu in Borno State followed at N20,625 (N1,650 per kg).
National Average Climbs 4.57% in September
The national average price of a 12.5kg cylinder climbed to N17,616.94 in September 2026, up from N16,847 in August. This represents an increase of N769.94, or approximately 4.57%, reflecting sustained upward pressure on retail prices despite the refinery's depot-level reduction. The data underscores that while Dangote's price cut provides some relief at the source, consumers still face significant variation and higher costs depending on their location and distribution chain.
Earlier reports from Legit.ng indicated that the Nigerian cooking gas market is under pressure from demand, supply constraints, and export commitments, which have pushed LPG prices to record highs. A decade ago, a kilogramme of cooking gas cost low-income earners and students about N250, making it far more accessible. In the first three months of 2026, more than 60% of Nigeria's gas was exported, a factor that continues to shape domestic supply and pricing dynamics.
