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Weekly Cement Price Report: Dangote, BUA, and Market Trends

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Nigerian cement prices as of February 2025 have fluctuated because of a number of economic variables, including as market dynamics, fuel subsidy withdrawal, and currency devaluation.

Nationwide, these modifications have had a big effect on consumers and the construction sector.
The Dangote Cement
According to the region, a 50kg bag of Dangote Cement, a well-known brand in Nigeria, presently costs between ₦9,000 and ₦9,500. The cost is roughly ₦9,600 per bag in Lagos and ₦9,400 per bag in Abuja.

The BUA Cement
There have also been price changes at BUA Cement. The company’s initial goal was to lower prices by the end of 2023 to ₦3,500 per bag.
However, the attempt was weakened by wider economic issues and price inflation by middlemen. Since then, BUA Cement has been priced at ₦8,000 to ₦8,500 per 50kg bag, with pricing in Lagos being ₦8,000 and Abuja being ₦8,300.

Lafarge Cement.
Price ranges for Lafarge Cement products include:

The price per bag of Lafarge Classic Cement is about ₦9,500.

About ₦10,000 for each bag of Elephant Supaset Portland Limestone Cement.

Approximately ₦10,500 is the cost of a bag of Lafarge Water Shield waterproof cement.

Elements Affecting Cement Costs
Cement prices in Nigeria are now determined by a number of factors:

Economics: The depreciation of the Naira and the elimination of fuel subsidies have raised the cost of production and transportation, which has raised the price of cement.

Read Also: Legal Battle: Obasa Drags Mojisola Meranda, Lagos Assembly to Court

Dynamics of the supply chain: dealers and middlemen have been known to drive up prices, undercutting cement producers’ attempts to keep their product affordable.
Regional Variations: Price variations occur across different regions due to factors such as transportation costs and proximity to manufacturing locations.

Legal Battle: Obasa Drags Mojisola Meranda, Lagos Assembly to Court

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Mudashiru Obasa, the Speaker of the Lagos State House of Assembly who was impeached, has applied to the Lagos State High Court to be reinstated as Speaker immediately.
According to court documents that Peoples Gazette was able to access, Obasa asserts that on January 13, 2025, he was deposed illegally.
The current Speaker, Lasbat Mojisola Meranda, and the Lagos State House of Assembly are named as defendants in the lawsuit, which was filed on February 14, 2025.
Following multiple unsuccessful political discussions between Lagos and Abuja to address the leadership situation, the legal move was taken. The impasse has continued in spite of President Bola Tinubu’s order for Obasa to be reinstated, with MPs allegedly fearing reprisals from the ousted Speaker should he be allowed to return to office.

The plenary session that led to his impeachment was illegally held during the Assembly’s recess without the required authority, according to Obasa’s lawsuit, which contested its constitutionality.

“The action contested the Lagos State House of Assembly’s sitting and procedures to convene during recess without calling the House back or granting any other person the authority to do so,” the document reads.

The session, according to Mr. Obasa, violated the 1999 Constitution (as amended), Sections 36, 90(2)(c), 101, and 311; it also violated the Lagos State House of Assembly Rules and Standing Orders, notably Order V Rule 18(2) and Order II Rule 9(i-viii).

According to reports, President Tinubu’s hard position has not prevented the leadership situation from getting worse. Tinubu, who is angry about the hold-up in restoring Obasa, recently refused to meet with the Lagos APC’s Governance Advisory Council (GAC) members, claiming they were disobeying his orders.

Still, there is a lot of dissent within the party. GAC member Muraina Akanbi Taiwo said that the effort to reinstall Mr. Obasa would be disapproved of. The state’s god is not Mr. Tinubu.

NUJ Seeks Urgent Attention for Special Needs Students in Akwa Ibom

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The Nigeria Union of Journalists, or NUJ, Akwa Ibom State Council, has called on the state government and civic-minded people to give the predicament of the state’s special needs school pupils more consideration.

Comrade Amos Etuk, the Chairman of the NUJ in Akwa Ibom State, made the call on Friday during the 2025 Valentine Charity outing of the NUJ’s Inspiration FM chapel, which had as its subject “A Heart For Others.” The event took place at the Learning Disabilities Society of Nigeria, LDSN, Uyo, Akwa Ibom State.

According to Etuk, the next Education Commissioner should put the needs and welfare of the special education students first in order to ensure a smooth learning environment.

Through the union’s advocacy, he also conveyed the desire that Governor Umo Eno would visit the center and attend to their urgent needs.

He also hoped that the children with special needs would soon receive enough support and assistance, and he praised their teachers for their patience in teaching and guiding them.

“This Valentine’s Day moment is the best I’ve ever seen,” he said. I believe in God, and I see the gregarious kids.

“I will advocate more vigorously for the government to give them more consideration. I’m confident that via advocacy, our receptive governor, who is passionate about education and people, will eventually come here.

Earlier in her speech, Comrade Imaobong Dem, the Chairman of Inspiration FM Chapel, greeted the audience and reaffirmed the challenges faced by parents of special needs children, emphasizing that they go above and beyond to provide for them.

Based on her conversations with the parents of these kids, Dem said she found that the majority of them are quite talented and proficient in painting, drawing, and other artistic endeavors.

In order to help these kids fulfill their divinely mandated role, she pleaded for the necessary assistance, including that of their parents.

You’ll see that many parents of these kinds of kids are alone if you take a close look. They’ll accomplish much more if we give them more assistance. “Children with autism or down syndrome are very talented and require a lot of help,” she remarked.

Read Also: ‘APC Governance Has Been a Disaster Since Buhari’s Tenure’ – Bugaje

On behalf of the center, Inimfon Okorie collected some food supplies, toiletries, and educational materials from IFM chapel and thanked them for their participation and for regularly selecting LDSN for their Valentine’s Day celebrations.

He alluded to the fact that the center offers skill-building programs in addition to implementing government-approved curricula in all aspects of schooling.

‘APC Governance Has Been a Disaster Since Buhari’s Tenure’ – Bugaje

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Citing policy failings and economic mismanagement, senior Arewa Consultative Forum (ACF) chairman Usman Bugaje has called the government led by the All Progressives Congress (APC) a “disaster.”
Bugaje reportedly made the comments on Friday’s Arise TV Morning Show.

in which he lamented the APC administration’s governance.
He stated, “My opinion of the APC government is very well-known,” in reference to the government’s performance. I’ve been quite clear about it. I’ve written about it. It has surfaced. And if you want the ACF’s perspective, they have a spokesperson who can speak for them and most likely defend their positions.In my opinion, this nation has suffered greatly under the APC leadership since Buhari took office. That is not to say that the PDP will perform any better. I’ve stated on multiple occasions that I don’t trust the Labour Party, the APGA, the PDP, or the APC. I have no faith in any of these political parties as they currently exist. Having the best and the brightest collegiate leadership is what I would desire and believe will work for Nigeria. We tried to accomplish that.

Read Also: Flying Eagles Boss Confident Despite Challenging U-20 AFCON Draw

“Remember that we introduced a platform named Rescue Nigeria Project. Not politicians who are only interested in making money and don’t even know the terrain, but some of the best and the brightest, who can actually solve this nation’s problems, is what we were attempting to achieve back then, and we still haven’t given up. What is going on in the globe is unknown to them. Consequently, they don’t read books. They don’t have arguments. Globally, they don’t exchange information. Additionally, they are obsessed with how they provide rice to these impoverished, common Nigerians who are unaware of what is going on.

Flying Eagles Boss Confident Despite Challenging U-20 AFCON Draw

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Aliyu Zubairu, head coach of the Flying Eagles, has been upbeat about his team’s chances of winning the 2025 Africa Under-20 Cup of Nations in Ivory Coast despite being in a difficult group.
The Flying Eagles will play South Africa, Morocco, and Egypt, three of North Africa’s strongest nations.
For the Nigerian young team, the competition, which is set for April 26–May 18, is expected to be a major challenge. Nonetheless, Zubairu thinks that this difficult draw can present a worthwhile chance for improvement and advancement.
It’s a promising attraction. A team that wants to make it to the FIFA World Cup must rise to every challenge. This is a great opportunity for us to compete against South Africa, Egypt, and Morocco. “I consider it to be a blessing,” Zubairu said.

The coach addressed worries about being in a “group of death” and emphasized how African football is changing.

This should no longer be referred to as a “group of death.” In African football, there are no longer any tiny teams. He said, “The emphasis should be on careful preparation because even lesser-known countries can make amazing progress if they come prepared.”

Read Also: ECOWAS Court Strikes Out NGOs’ Case Against Nigeria on Lagdo Dam Flooding

A 30-man squad has been assembled by the Nigeria Football Federation for a training camp in preparation for the continental championship.

Furthermore, on February 25 and 27, two friendly games versus the Egyptian Under-20 squad are planned in Cairo. Against one of their group competitors, Zubairu will have a great opportunity to assess his team during these warm-up games.

ECOWAS Court Strikes Out NGOs’ Case Against Nigeria on Lagdo Dam Flooding

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Two NGOs filed a case against Nigeria for the damage caused by the flooding of the Lagdo Dam in 2012 and 2022, but the ECOWAS Court rejected it.
The Nigerian and Swiss Incorporated Trustees of Prince and Princess Charles Offokaja Foundation launched the lawsuit in an attempt to hold Nigeria responsible for not building a dam in Adamawa to lessen flooding caused by Cameroon’s Lagdo Dam.
Nigerian Neglected Responsibilities, According to NGOs
According to the applicants, Nigeria’s delay caused extensive harm, fatalities, evictions, and economic upheaval in 14 states.

Read Also: ISWAP vs Boko Haram: Intense Battle in Borno Claims Multiple Lives

They argued that irrigation, electricity production, and flood mitigation could have all been achieved through a dam project.
Justice Sengu Koroma dismissed the action in his ruling, stating that the plaintiff lacked legal capacity. It was decided that the Nigerian NGO did not meet the requirements for public interest litigation, and the Swiss NGO was not allowed to launch a complaint in the ECOWAS Court.

“The court is unable to identify specific victims whose rights were allegedly violated, even though the applicants mentioned a wide class of victims,” Justice Koroma said.

A 1982 feasibility assessment and a 2024 Senate resolution for the dredging of the Benue and Niger Rivers were among the initiatives Nigeria’s defense cited. The administration said that it improved collaboration with Cameroon and took action to control flooding.

Justices Edward Asante, Dupe Atoki, and Sengu Koroma decided the case.

ISWAP vs Boko Haram: Intense Battle in Borno Claims Multiple Lives

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The Islamic State West Africa Province (ISWAP) and Jama’atu Ahlis Sunna Lidda’awati Wal-Jihad (JAS) engaged in a bloody conflict in Borno State on Friday, with significant losses on both sides.
Toumbun Gini and Toumbun Ali camps were the targets of a well-coordinated offensive by JAS militants against ISWAP strongholds in the Abadam Local Government Area, according to sources who spoke to counter-insurgency expert Zagazola Makama.
The attack, which started early on February 14, involved JAS militants landing on several watercraft vessels and fighting ISWAP forces until late at night.

High-ranking leaders were killed
Several senior ISWAP commanders, especially those from the Buduma ethnic group, were killed in the battle. One of the prominent individuals slain is said to have participated in the heinous slaughter of numerous farmers in Kukawa on January 12 and 13.
“Over 31 ISWAP fighters were killed by Boko Haram, but the death toll may be higher,” a source revealed. After overrunning ISWAP positions and capturing weapons and necessary equipment, JAS fighters fled.

Read Also:Binance Allegations Provide Evidence or Face Consequences- Agbese

A follow-up attack on ISWAP strongholds in Gemu and Mallam Karamti is allegedly being planned by JAS militants from Bokorram Island, marking a further escalation.

As JAS stepped up its campaign against ISWAP, Makama said additional conflicts are anticipated, especially in the Kukawa Local Government Area.

Binance Allegations Provide Evidence or Face Consequences- Agbese

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The Deputy Spokesman of the House of Representatives and Honourable member representing Ado. Okpokwu and Ogbadibo federal constituency of Benue State, Philip Agbese has told the finance executives to provide evidences of the 150 million dollars bribe he and two other lawmakers demanded from them or face the consequences.

Agbese in a statement he personally issued and signed in Abuja said he was outraged by the false allegations made by Tigran Gambaryan, an executive of the controversial crypto firm Binance, claiming that he was among those who demanded a $150 million bribe from him.

Agbese said the allegations are false.

“I was not part of any meeting with any Binance executive regarding money for any purpose. The leadership of the Committee took the matter to court, and Binance has already apologized.

“Let it be on record that I am not a member of the Committee on Economic and Financial Crimes. I visited my colleague, Hon. Peter Ankpanke, in his office, where he was meeting with some visitors about an activity of his Committee, with Hon. Peter Anakwe, a member of the Committee present. We exchanged pleasantries and, in character with my person as an avid pursuer of knowledge, discussed Binance’s activities that did not include any demand from anyone.

“It was during this visit to the office of Hon. Peter Ankpanke, with Hon. Peter Anekwe present, that he told me they were interfacing with Binance Team from abroad over a referral to their Committee. What transpired between the two of them and the Binance executive after I left the office is left to them. I never saw those visitors again after that chance meeting and did not afterwards attend any meeting with Binance executives, the EFCC, or the DSS.

“I am aware that when this issue was first raised, the Chairman of the Committee went to court and Binance apologised. So, all inquiries should be directed to the Committee, not to Hon. Philip Agbese.

” I have never used any cryptocurrency as I do not have a crypto wallet anywhere in the world, so I could not have asked for funds to be credited to a non-existent wallet.

“Gambaryan and his associate, who escaped from prison, should return to the EFCC and defend themselves. Instead of trying to implicate me, they should focus on addressing the allegations against them.
As a consequence of the foregoing, I demand that Tigran Gambaryan publishes any evidence that links Hon. Philip Agbese to the issue. The man has spewed many other lies in his report about the government demanding information on opposition elements and other outrageous claims. I further demand that, failing to provide evidence as stated, Tigran Gambaryan must cause a retraction of his malicious claims and publication and apologise to me within the next 7 days or face legal action from my lawyers.

“This is not the first allegation against me by a foreign entity. The first was that I work for the past government and the Armed Forces to promote Nigeria’s agenda, which shows the extent of desperation by entities that are interested in undermining public office holders they perceive as nationalistic” he said

EFCC Uncovers Alleged Chinese Conspiracy to Disrupt Nigeria’s Economy

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Some Chinese nationals have been charged by the Economic and Financial Crimes Commission (EFCC) with attempting to undermine the social and economic order of the Federal Republic of Nigeria.
According to reports, a Chinese woman named Bei Bei Linde Jun and her business were charged by the anti-graft office with hiring a number of young Nigerians for identity theft and other computer-related fraud.
Linde Jun was one of 11 Chinese who were arraigned by the EFCÇ on Friday on various accusations related to identity theft, advance fee fraud, possession of documents with false pretenses, cybercrimes, and cyberterrorism.

In a surprise operation known as the “Eagle Flush Operation,” EFCC officers detained 792 members of a gang of suspected cryptocurrency investment and romantic fraud suspects in Lagos on December 10, 2024.
Lu Niu, Xiao Qinyun, Fu Zheng Yang, Xiao Yi, Li Hang, Huan Livo, Wang Wei Tong Mo Ying, Gao Yang, Zebin Chen, and Yuan Zhibin are the other defendants.

The charge against Jun is as follows: “That you, BEI BEI LINDE JUN, (Female), adult, and GENTING INTERNATIONAL CO. LIMITED, sometime between November 28, 2024, and December 10, 2024, at No. 7, Oyin Jolayemi Street, Victoria Island, Ikoyi, Lagos, within the jurisdiction of the Federal High Court of Nigeria, with intent to defraud, willfully caused to be accessed, computer systems which were organized to destabilize the social and economic structure of the Federal Republic of Nigeria, when you covertly hired and procured several Nigerian youths for identity theft and other computer-related fraud, and thereby committed an offense, in violation of and subject to punishment under Section 18 of the Cybercrimes (Prohibition, Prevention, Etc.,) Act, Laws of the Federation of Nigeria, 2015 As amended.

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“That you, LI NIU, occasionally in 2024 in Lagos within the jurisdiction of this Honorable Court, had in your possession documents where you represented yourself as ‘LISA’ and that you are a female from Singapore, are representation which you knew or ought to have known is false, and you thereby committed an offense contrary to Section 6 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under section 1(3) of the same Act,” according to Niu’s charge.

When the allegations were read to them, they all entered “not guilty” pleas. Prosecutors Ahmed Yerima, F.S. Mohammed, A.M. Dambuwq, and N.C. Mutfwang then requested a trial date and the defendants’ custody in a correctional facility.

Judge Aneke ordered the defendants to be held in the Ikoyi and Kirikiri Correctional Centers and postponed the trial to March 14 and 21, 2025.

“Free Him, Take Off the Beads” – 2Baba’s Mother Appeals to Edo Lawmaker

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Nigerians have been urged by the mother of music legend Innocent Idibia, better known by his stage as 2face, to distance herself from Edo State politician Natasha Osawaru.
In a heartfelt video that went viral, Mrs. Rose Idibia urged mothers everywhere to step in and blamed her son’s behavior on the psychological effects of his protracted divorce from Annie Idibia.
The video included her saying, “Good evening, Nigerians.” 2face’s mother, Mrs. Rose Idibia, is my name. This is a message for Edo State’s Miss Natasha Osawaru. I’m pleading with all Nigerian mothers to assist me in begging her to release my son.

“My son is going through a divorce process, and it’s obvious that he’s lost his mind at this point. I am familiar with my son. He’s not like that.

“Please, Natasha, take off the beads you put on his neck and hand so he can be free.”

The tearful appeal reportedly followed the release of a video purporting to show 2face popping the question to Osawaru at a private gathering.

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2face responded to the criticism by addressing rumors on Instagram and reaffirming his support for Osawaru, saying, “I’ve seen false narratives spreading.” Hon. Natasha doesn’t break into houses. My problems with Annie had nothing to do with her. I want to marry her because I adore her.

Mrs. Idibia’s appeal has not yet received a response from Natasha Osawaru, who was elected by the PDP in 2023 to the Edo State House of Assembly for the Egor Constituency.

Online, there have been strong reactions to the matter, with people lining up in favor of 2face and Mrs. Idibia. The drama continues to split the people.