Cement prices across Nigeria have remained above the ₦10,000 mark this week, as inflationary pressure, rising logistics costs, and strong construction demand continue to influence retail rates nationwide.
Although prices vary depending on location, depot, and delivery expenses, the current average retail prices for a 50kg bag are as follows:
- Dangote Cement: ₦10,200 – ₦10,400
- BUA Cement: ₦10,100 – ₦10,300
- Lafarge Cement: ₦10,400 – ₦10,600
These figures reflect market conditions in major cities like Lagos and Abuja, while prices in inland and northern regions tend to be slightly higher due to transportation challenges.
Why Cement Prices Remain High
Several factors are keeping cement prices elevated above ₦10,000 per bag:
Production & Logistics Costs
- Rising fuel and diesel costs have pushed up transportation expenses.
- Depreciation of the naira continues to raise the cost of imported machinery and spare parts.
- Poor road conditions in many areas increase distribution costs, affecting final retail pricing.
Strong Construction Demand
Nigeria’s construction industry remains highly active, driven by:
- Major infrastructure projects such as the Lagos–Calabar coastal highway
- Rapid real-estate development
- Ongoing government building programmes
This strong demand has given manufacturers more pricing stability and reduced incentives for price cuts.
Supply-Chain & Capacity Constraints
Despite expansion efforts by leading producers like Dangote, BUA, and Lafarge, supply-chain disruptions and localised shortages still impact availability, contributing to higher market prices.
Regional Price Differences
- Coastal cities and areas closer to manufacturing hubs typically see slightly lower prices.
- Northern and inland states tend to pay more due to higher haulage and delivery costs.
