- Cement prices in Nigeria remain high despite government intervention efforts.
- Dangote, BUA, and Lafarge cement prices still exceed the agreed ₦7,000–₦8,000 range.
- The government warns of stricter measures if companies fail to reduce prices.
As of March 2025, the prices of major cement brands in Nigeria have continued to fluctuate due to various economic factors, including production costs, transportation challenges, and market demand.
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EKO HOT BLOG reports that despite government efforts to stabilize prices, many consumers still face high costs in purchasing cement for construction projects.
Current Prices of Major Cement Brands
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Dangote Cement
- Nigeria’s leading cement manufacturer, Dangote Cement, currently sells a 50kg bag for ₦9,900 to ₦10,500, depending on the location.
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Lafarge Cement (Elephant Cement)
- Popularly known as ‘Elephant Cement,’ a 50kg bag of Lafarge cement is priced between ₦9,100 and ₦10,500, depending on the region.
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BUA Cement
- Known for affordability, a 50kg bag of BUA Cement is available between ₦8,000 and ₦11,000, depending on the seller and region.
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Ibeto Cement
- A 50kg bag of Ibeto Cement is currently selling between ₦9,500 and ₦10,500, making it a cost-effective option for construction needs.
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UniCem Cement
- A subsidiary of Lafarge Group, a 50kg bag of UniCem Cement is priced between ₦11,500 and ₦13,500, depending on the location.
Government Intervention and Price Challenges
To address rising cement prices, the Federal Government recently engaged with key cement manufacturers, including Dangote and BUA, to establish a price monitoring mechanism. An agreement was reached to reduce cement prices from the previous range of ₦9,000–₦15,000 per 50kg bag to a new target range of ₦7,000–₦8,000, depending on location.
However, these reductions have yet to take full effect, with many consumers still purchasing cement at higher-than-agreed prices. The government has since intensified efforts to ensure compliance, hinting at possible regulatory actions if cement companies fail to meet the agreed pricing structure.
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