Aliko Dangote, President of Dangote Group, has launched a plan to bring down the cost of Liquefied Petroleum Gas (LPG), widely used as cooking gas.
He mentioned that if distributors resist lowering prices, the company will start selling directly to consumers.
He shared this during a recent tour of the Dangote Refinery with both Nigerian and international guests.
Dangote pointed out that the current cost of cooking gas is too high for many Nigerians, especially those who still rely on firewood.
While addressing members of the Lagos Business School CGEO Africa at the refinery in Lekki, he noted that their daily LPG production reaches about 22,000 tonnes.
He explained that LPG use is steadily increasing across Nigeria and stressed his commitment to making it more affordable.
He added that if distributors won’t adjust prices, the company will remove the middlemen and reach consumers directly.
This approach, he believes, will help encourage a switch from firewood and kerosene to LPG for household cooking.
Currently, the price of cooking gas in Nigeria ranges from ₦1,000 to ₦1,300 per kilogram.
source: guardian.ng
African Energy Council