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

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.

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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.