The Digest:
Aliko Dangote, president of Dangote Group, is taking steps to reduce the price of Liquefied Petroleum Gas (LPG), also known as cooking gas, which he has criticized as unaffordable for many Nigerians. During a recent tour of his refinery in Lagos, Dangote announced plans to directly sell cooking gas to consumers if distributors fail to reduce prices. The current retail price of cooking gas in Nigeria is between N1,000 and N1,300 per kilogram. Dangote is committed to making LPG more affordable, aiming to encourage a transition from firewood and kerosene to LPG for cooking.
Key Points:
- Dangote aims to reduce cooking gas prices, which are currently unaffordable for many Nigerians.
- If distributors refuse to lower prices, Dangote will sell directly to consumers.
- The current price of LPG in Nigeria is between N1,000 and N1,300 per kilogram.
- Dangote is focusing on promoting LPG as an alternative to firewood and kerosene.
Dangote's intervention could dramatically alter the LPG market, making cooking gas more accessible and affordable for millions of Nigerians.
Source: Nairametrics , The Guardian
