The price of cement, an important materials in Nigeria’s development trade, has skilled notable fluctuations not too long ago. Costs fluctuate based mostly on model, location, and market dynamics.
Under is a abstract of the present costs for main cement manufacturers:
1. Dangote Cement
Value Vary: ₦8,000 – ₦10,300 per 50kg bag.
Particulars: Dangote Cement is famend for its high quality and is broadly utilized in numerous development initiatives. Costs could also be decrease close to manufacturing vegetation however can improve in areas requiring intensive distribution.
2. BUA Cement
Value Vary: ₦8,000 – ₦8,500 per 50kg bag.
Particulars: BUA Cement provides aggressive pricing and is a well-liked selection amongst builders. Costs are comparatively secure, with slight variations in areas nearer to manufacturing amenities.
3. Lafarge Water Protect Cement
Value: ₦20,000 per 50kg bag.l
Particulars: Lafarge’s Water Protect Cement is designed for enhanced sturdiness and resistance to moisture, making it appropriate for areas vulnerable to dampness.
4. Waterproof Cement JK
Value: ₦15,000 per 50kg bag.
Particulars: Waterproof Cement JK is formulated to offer superior safety towards water ingress, which is good for development in moist environments.
Over the previous 12 months, cement costs in Nigeria have seen vital will increase. For example, costs rose from roughly ₦4,500 per 50kg bag in the beginning of 2024 to round ₦8,500 by November 2024, marking a rise of about 89%.