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Dangote Reduces Cooking Gas Price To ₦760/kg - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsDangote Reduces Cooking Gas Price To ₦760/kg (26164 Views)

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Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:13pm On Oct 07, 2025
Can anybody confirm this
Can anybody confirm this
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by PDPdestroyer(m): 5:13pm On Oct 07, 2025
Exousiang01:
He does all these yet Obidients still hate him.
Without him we would be buying PMS at 2k by now.
NNPCL just increased the pump price of PMS them no talk.
If Dangs add@ N1 Obidients will say he is taking advantage of Nigerians.
I ask them why una Messiah no do something to help Nigerians? Shebi Peter na Billionaire too?
You must have been living under the rock bro, he got his supporters a brewery where they get drunk to spew gibberish online grin
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Dogalmighty17: 5:13pm On Oct 07, 2025
aribisala0:
Cement is $2in China $7 in Nigeria
China import gas
Nigeria does not


How come?
Dangote magic. But seriously, why is Nigerian cement this expensive? The most expensive in the world.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Kingdavid579(m): 5:14pm On Oct 07, 2025
Omoh, gas bank water 💦
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by kendy22(m): 5:14pm On Oct 07, 2025
I buy this morning for phc 1,250 oooooh
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Exousiang01(m): 5:17pm On Oct 07, 2025
mikeapollo:
He will definitely go into distribution his own with filling stations and cut off the middlemen.
From what he said the last time, he seems to be thinking about getting his own filling stations to distribute/sell his refinery products directly to end users
He won't MRS will handle distribution, best is he will invest in MRS.
He will definitely leave that his cousin, family over everything
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by lordm(m): 5:19pm On Oct 07, 2025
aribisala0:
Cement is $2in China $7 in Nigeria
China import gas
Nigeria does not


How come?
The cost of production is cheaper in china. Una just like to hate progress. Dangote is a blessing to Nigeria
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by aribisala0(m): 5:19pm On Oct 07, 2025
Dogalmighty17:
Dangote magic. But seriously, why is Nigerian cement this expensive? The most expensive in the world.
Maybe not most expensive but very expensive

It is a way of extorting Nigerians with government backing.

Imagine the impact on the cost of all these concrete roads Umahi is building.

No doubt many politicians are getting returns and also some keyboard warriors
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:19pm On Oct 07, 2025
Namaster:
Great one from DANGOTE!

However, he NEEDS Filling Stations for both GAS and Petrol that'll sell DIRECTLY to final consumers.

Otherwise, this INCREDIBLE savings he keeps giving every month will NEVER make it to end users.

The MIDDLEMEN from Hell will keep pocketing the difference.
And Nigerians will keep looking in FUTILITY for the impacts of the much touted Dangote Refinery.
You made a lot of sense. But I thought he is already partnering with MRS and others?
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by G0odharddick: 5:21pm On Oct 07, 2025
Jagabanbogu:
I wish Dangote can be producing even eggs and bread in this country
grin
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by GloriousGbola: 5:21pm On Oct 07, 2025
budaatum:
I think your words are so wise that even Dangote listens to you.
plot twist - MRS is NOT selling LPG

there is an MRS in festac that stopped selling LPG over a year ago

maybe in other sites

as for petrol - in lagos everyone sells at 865/litre

i also find any claims about low LPG price from dangote dubious

https://www.worldliquidgas.org/about-liquid-gas/what-is-liquid-gas/where-does-lpg-come-from/

It all starts with nature. Propane and butane, which make up LPG, are naturally occurring. The majority of LPG is recovered during natural gas and oil extraction whilst the remaining 40% is a co-product of oil refining or made from waste or renewable vegetable oils.
most LPG is naturally occurring which means all it requires is cleaning and odorifying. so it costs more to refine LPG than to take it from source

what dangote is trying to do is what he has tried in other markets - kill his competition an when you are a captive market slap you with high costs

this time we get front seats to see the fight - note however he does not always win. Dansa juice died; so did dangote noodles
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Bahamas95(m): 5:22pm On Oct 07, 2025
This price reduction doesn't concern the demonic sellers in my area.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by spiSeyi: 5:22pm On Oct 07, 2025
bolaayenimo:
Keep deceiving yourself if you think Dangote loves the masses
So he shouldn't make profit just to prove a point that he loves the masses, how else did he want to show love after employing thousands and delivering the masses from the exploitation of greedy oil cartels undecided
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by G0odharddick: 5:22pm On Oct 07, 2025
Namaster:
Great one from DANGOTE!

However, he NEEDS Filling Stations for both GAS and Petrol that'll sell DIRECTLY to final consumers.

Otherwise, this INCREDIBLE savings he keeps giving every month will NEVER make it to end users.

The MIDDLEMEN from Hell will keep pocketing the difference.
And Nigerians will keep looking in FUTILITY for the impacts of the much touted Dangote Refinery.
Dangote needs to seriously consider this! If not all these price reductions won't be felt by Nigerians at all
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by press9jatv(m): 5:23pm On Oct 07, 2025
Great one from dangote here. Price of gas will reduce drastically
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:24pm On Oct 07, 2025
pacino26:
I can't wait for the price war in LPG. Dangote is seriously keeping these people busy. Who is next in line for protests and possibly to question the quality of the LPG to come out of his refinery?
Nigerians should be on the look out for them. Watch out, we may hear from them before the end of the week.
But dangote needs an outlet where consumers assess the product.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by aribisala0(m): 5:25pm On Oct 07, 2025
lordm:
The cost of production is cheaper in china. Una just like to hate progress. Dangote is a blessing to Nigeria
What are the main inputs into cement production that determine cost structure?

Do you know?

I do not argue without facts

Dangote is making a profit over 50%

It is the most profitable cement company in the world
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by pembisco(m): 5:27pm On Oct 07, 2025
Gotocourt:
Through out the artificial scarcity, it was sold for 1100-1200 in Jos,Plateau State. Na southerners dey do their self🤷🏿, na why they carry union matters for head. From factory, school, junction, community, undecided
In Adamawa nothing has changed throughout. It's been same price
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by 123yes(m): 5:29pm On Oct 07, 2025
bolaayenimo:
Keep deceiving yourself if you think Dangote loves the masses
WHY so many of you struggle without anything to show for it is because they never appreciates the good people does. GAS supply per kg in most filling stations in Zaria, Kaduna state in #1080. with Dangote refinery fuel scarcity is a thing of the past for now. why cant Nigerians appreciates this man. Nah waaoooh
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Gotocourt: 5:30pm On Oct 07, 2025
pembisco:
In Adamawa nothing has changed throughout. It's been same price
nice 💯
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:32pm On Oct 07, 2025
bolaayenimo:
Keep deceiving yourself if you think Dangote loves the masses
See them—an agent of pengassan spotted
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Light777(f): 5:32pm On Oct 07, 2025
Sabadon:
if only dangote can distribute fuel stations like rain oil all over.....and partner with few non saboteurs, then it ll be bye bye to NUPENG and NLNG,
yeah he should build fuel stations around cities in Nigeria.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:33pm On Oct 07, 2025
123yes:
WHY so many of you struggle without anything to show for it is because they never appreciates the good people does. GAS supply per kg in most filling stations in Zaria, Kaduna state in #1080. with Dangote refinery fuel scarcity is a thing of the past for now. why cant Nigerians appreciates this man. Nah waaoooh
Na bad belle pipu. Majority of Nigerians are beginning to realize who the enemy is.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by aribisala0(m): 5:35pm On Oct 07, 2025
lordm:
The cost of production is cheaper in china. Una just like to hate progress. Dangote is a blessing to Nigeria
Many make claims they cannot substantiate


What the data says

EBITDA Margin Comparison, 1H 2023
According to a BusinessDay article, in the first half of 2023, Dangote’s Nigerian operations posted an EBITDA margin of about 58.8%, which was much higher than many large global peers:

Holcim (~15.6%)

Anhui Conch (~13.9%)

Heidelberg Cement (~17.1%)

Cemex, Taiwan Cement, UltraTech (~21%) each.
Businessday NG


Anhui Conch is the biggest cement company in the world

It is profitable but the Chinese government does not allow it to rip off its people
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by NOETHNICITY(m): 5:36pm On Oct 07, 2025
aribisala0:
What are the main inputs into cement production that determine cost structure?

Do you know?

I do not argue without facts

Dangote is making a profit over 50%

It is the most profitable cement company in the world
Is Dangote the only cement producer in Nigeria?
Why can’t others reduce their prices so that Nigerian can now see Dangote for who he is. Why blame only Dangote?
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Ishilove: 5:37pm On Oct 07, 2025
So why is there scarcity here in Lagos and the price as high as #2,500/kg in some areas?
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by RexTramadol1: 5:37pm On Oct 07, 2025
Dangote is actually God sent to this country.
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by Proudlyngwa(m): 5:37pm On Oct 07, 2025
CodeTemplarr:
Far cheaper than the ones from govt affiliated sources.
As it is supposed to be

Government has no business doing business
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by naptu2: 5:38pm On Oct 07, 2025
Ishilove:
So why is there scarcity here in Lagos and the price as high as #2,500/kg in some areas?
PENGASSAN



Marketers Begin Loading Cooking Gas From NLNG Limited
https://www.nairaland.com/8534700/marketers-begin-loading-cooking-gas
Re: Dangote Reduces Cooking Gas Price To ₦760/kg by aribisala0(m): 5:42pm On Oct 07, 2025
NOETHNICITY:
Is Dangote the only cement producer in Nigeria?
Why can’t others reduce their prices so that Nigerian can now see Dangote for who he is. Why blame only Dangote?
Government should open the market to imports

Cement manufacturers are ripping Nigerians off

What the data says

EBITDA Margin Comparison, 1H 2023
According to a BusinessDay article, in the first half of 2023, Dangote’s Nigerian operations posted an EBITDA margin of about 58.8%, which was much higher than many large global peers:

Holcim (~15.6%)

Anhui Conch (~13.9%)

Heidelberg Cement (~17.1%)

Cemex, Taiwan Cement, UltraTech (~21%) each.
Businessday NG
1 2 3 4 5 Reply

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