JUST IN: Dangote Refinery Raises LPG Gantry Price by 8.1% to ₦1,000/kg

Dangote Refinery has increased its liquefied petroleum gas (LPG) gantry price by 8.1% to ₦1,000 per kilogram from ₦925, adding to upward pressure on cooking gas prices in Nigeria.

The ₦75 increase comes days after LPG prices at major Lagos depots rose by as much as 16% between October 30 and November 2, with all five monitored suppliers recording increases of ₦140 to ₦200 per kilogram.

Latest price checks by Petroleumprice.ng show that all five monitored Lagos depots, Navgas, 11Plc, Nipco, Techno Oil and Rain Oil, are selling LPG at ₦1,450 per kilogram as of November 4. This compares with prices ranging from ₦1,370 to ₦1,450 recorded on November 2.

The refinery’s new gantry rate remains ₦450 below the current depot selling price, leaving a gap between its wholesale price and the market price.

The latest adjustment follows a period of rising depot prices, as suppliers passed higher costs through the downstream market. The increase could put further pressure on consumers already facing elevated cooking gas prices.

Petroleumprice.ng will continue to monitor price changes across the LPG supply chain.