Cement price in Nigeria today has changed drastically over a period of time.
These changes occur without prior notice which ends up affecting professionals who make use of cement on a daily basis.
Engineers, Builders, Quantity Surveyors, and Developers are caught in this web and are left with no other option than to make do with the change in price.
For a reason or two, you may have a need for cement, and it is important that you know the current price of cement in Nigeria as you are planning to make a purchase.
The top cement-producing companies in Nigeria are Dangote Cement, Eagle Cement, Ibeto Cement, Ashaka Cement, BUA Cement, Elephant Cement [WAPCO]
Current Price of Cement in Nigeria
Here is a table showing both the retail and wholesale prices of cement in Nigeria.
|Cement brands/companies||Retail price per 50kg||Wholesale price (600 bags) of 50kg.|
|Dangote Cement||₦5,200||₦2,940,000 – ₦23,090,000|
|Ashaka Cement||₦5,100||₦2,880,000 – ₦2,980,000|
|Eagle Cement||₦5,200||₦2,940,000 – ₦23,090,000|
|BUA Cement||₦5,200||₦2,940,000 – ₦23,090,000|
|Ibeto Cement||₦5,100||₦2,880,000 – ₦2,980,000|
|Elephant Cement [WAPCO]||₦5,100||₦2,880,000 – ₦2,980,000|
The current price of Cement in Nigeria is expected to rise in the short to medium term due to high demand and low supply. The Nigerian government has also announced a ban on the importation of cement and the fear of the commencement of concrete roads, which will further increase the price of cement in the country.
When it comes to buying cement, you may choose to purchase based on the power or preference of the brands but the price of cement in Nigeria depends on the cost of production and logistics.
Companies producing cement in Nigeria have slightly different prices from one another in various depots across the country.
A 50 kg bag of cement in Lagos is not the same price at which it is being sold in Abuja.
The average cost of a bag of cement in Nigeria today is ₦5,200 for retail quantities and ₦4,900 for wholesale quantities in some states in Nigeria.
Price Last Updated: October 1st, 2023
We are making efforts to provide you with the most accurate price available from these various brands, if you notice any discrepancy, please contact us or leave a comment below with the current price.
Types of Cement used in Nigeria
- Ordinary Portland Cement(OPC)
- Portland Pozzolana Cement (PPC)
- Rapid Hardening
- White Cement
- Colored cement
- Low Heat Cement
- High Alumina Cement
- Hydrographic cement
- Blast Furnace Slag Cement
- Quick setting cement
- Expansive cement
- Sulfates resisting cement
- Air Entraining Cement
The Uses of CEMENT IN NIGERIA
In Nigeria, cement is an important building material in Nigeria. It can be used in a variety of ways. For example,
- It can be mixed with sand, water, and gravel to create concrete
- It can also be used as a glue or filler material
- Cement is also used to create mortar and concrete walls
- It is also used to make concrete blocks and form exterior walls of buildings
- It can also be used for decoration after construction
Nigeria has an abundance of natural resources that make this possible such as rivers, lakes, quarries, and mountains that provide large quantities of sand and gravel.
White Cement Price in Nigeria
White cement which is also known as the Plaster of Paris (POP) cement serves a very different function when it comes to the construction of buildings and decorations which makes it more valuable and indispensable.
White cement is used to make attractive and nice designs on buildings which adds up to its cost. The price of white cement in Nigeria is more expensive than regular Portland cement in Nigeria as the duo varies in usage.
POP cement price is determined by the brand, quality, and bag size. It is packed in bags of 5kg, 40kg, and 50kg. White cement price ranges from N400 (1kg) to N19,000 (40kg). You might want to read the full details here >> White cement price in Nigeria.
Cement Contribution to the Nigeria Economy
Cement is made from limestone, clay, and sand mixed with water and/or coal. Nigeria produces one-fourth of the world’s cement.
Cement is the most widely used construction material in the world, and it plays an important role in Nigeria’s economy.
The cement industry employs almost a quarter of a million people and makes up 20 percent of the country’s GDP. One popular use of cement is as a building material. It is also used to build walls, roads, bridges, and tunnels.
One side effect of cement is pollution which can be harmful to the environment. This pollution has health effects on the people who live nearby or work with cement.
Compare the Prices of Other Cement in Nigeria
- White Cement Price in Nigeria Today (November 2023)
- Grouting Cement Price in Nigeria Today (November 2023)
- Current Price of Bua Cement in Nigeria (Updated this Morning)
- Dangote Cement Price in Nigeria (November 2023)
- Elephant Cement Price in Nigeria (November 2023)
Cement price in Nigeria varies depending on the cost of production and other logistics put into consideration by the manufacturing companies.
The price of cement in Nigeria is in the range of ₦5200 for retail prices while the least wholesale price is ₦2,940,000.
In our next series of articles, we shall discuss the current price of Dangote cement in Nigeria, elephant cement price in Nigeria, and BUA cement price in Nigeria. Watch out! And anticipate!