The price of cement in Nigeria remains a hot topic for homeowners, developers, and businesses alike as the construction industry grapples with fluctuating costs.
This week, prices of popular cement brands, including Dangote, BUA, and others, have shown varying trends nationwide.
The cost of cement varies by brand and location due to distribution logistics, demand, and availability. Here’s a breakdown of the prices this week:
Dangote Cement 
Price Range: ₦9,000 – ₦9,400 per 50kg bag.
Dangote remains one of the most sought-after cement brands due to its perceived quality and durability. Prices are slightly lower in areas closer to Dangote factories but higher in regions requiring extensive distribution.
BUA Cement
Price Range: ₦8,000 – ₦8,500 per 50kg bag.
BUA’s competitive pricing makes it a popular alternative to Dangote. This week, prices have remained relatively stable, with slight variations in the northern regions, where the company has a strong production presence.
Lafarge Cement (Elephant Cement)
Price Range: ₦10,000 – ₦10,500 per 50kg bag.
Lafarge remains a trusted brand, with consistent pricing across various states. It is especially preferred for residential projects due to its smooth finish.
Pop Cement
Pop Cement sells for ₦10,700
Factors Influencing Cement Prices
Cost of Production: Rising energy costs, particularly diesel and gas, have significantly impacted cement production costs, pushing prices higher.
Distribution Challenges: Poor road networks and high transportation costs contribute to regional price disparities.
Demand Surge: As the festive season approaches, there’s increased demand for construction materials, further influencing prices.
Foreign Exchange Volatility: The importation of raw materials like gypsum has been affected by forex challenges, impacting cement pricing.
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