Known for competitive pricing, BUA remains a popular alternative. Prices are relatively stable, with slight variations in the northern regions, where the company has a strong production base....TAP TO READ THE FULL CONTENT | TAP TO READ THE FULL CONTENT
In Nigeria, cement prices are an important consideration for homeowners, developers, and businesses as the construction industry adapts to changing costs.
Currently, prices for popular cement brands such as Dangote, BUA, and Lafarge vary throughout the country. This variation is influenced by factors like geographic location, market demand, and the logistics of distribution. Understanding these dynamics can help stakeholders make informed decisions in their construction projects.
New cement price
Lafarge cement
Current Cement Prices:
Dangote Cement
Price Range: ₦9,000 – ₦9,400 per 50kg bag
Dangote is highly sought after for its quality and durability. Prices tend to be lower near production plants but higher in regions requiring extensive distribution.
BUA Cement
Price Range: ₦8,000 – ₦8,500 per 50kg bag
Known for competitive pricing, BUA remains a popular alternative. Prices are relatively stable, with slight variations in the northern regions, where the company has a strong production base.
Lafarge Cement (Elephant Cement)
Price Range: ₦10,000 – ₦10,500 per 50kg bag
Lafarge is favored for its smooth finish, particularly in residential projects, and offers consistent pricing across states.
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Pop Cement
Price: ₦10,700 per 50kg bag
Factors Influencing Cement Prices:
Production Costs: Rising diesel and gas costs have increased production expenses, driving prices higher.
Distribution Challenges: Poor infrastructure and high transportation costs contribute to regional price disparities.
Seasonal Demand: With the festive season approaching, demand for construction materials has surged, affecting prices.
Forex Volatility: Challenges in sourcing raw materials like gypsum due to foreign exchange issues have further impacted pricing.
These factors continue to shape the dynamics of cement pricing across Nigeria.
