Nigerians can heave a sigh of relief as the skyrocketing price of cooking gas continues to drop across the country. A kilogram of gas sold up for between N2,000-N2,400 till late June this year.
However, this newspaper gathered that Dangote marketers have again reduced the depot price of cooking gas to N985/kg, below prevailing market rates.
The new price is N45/kg lower than the average depot price and could trigger fresh LPG price cuts nationwide as industry players expect lower depot prices to filter through the supply chain.