Are you preparing to construct in Nigeria? If so, you must be aware of how much cement costs in Nigeria right now.
One of the most crucial building components used to construct homes, roads, or bridges is cement.
The cost of cement varies depending on the month, cement type (brand/color), store where it is purchased, and the quantity.
This article contains the current prices of different brands of cement and some other things you will love to know.
Stay glued!!
One Trailer Load containing 600bags of cement;
Cost Of a Trailer load Cement In Nigeria
- Dangote Cement – ₦2,280,000
- Lafarge Cement– ₦2,275,000
- Ibeto Cement– ₦2,270,000
- Ashaka Cement– ₦2,265,000
- BUA Cement– ₦2,260,000
- Eagle Cement– ₦2,250,000
- UNICEM– ₦2,250,000
Current Prices Of Cement (Different Brands) in Nigeria
Different brands of cement In Nigeria are;
- Dangote Cement
- Lafarge Cement(Elephant)
- BUA Cement
- Ibeto Cement
- Eagle Cement
- Ashaka Cement
- UNICEM
#1.Dangote Cement
The billionaire businessman Aliko Dangote is the chairman of Dangote Cement Plc, a well-known indigenous cement company in Sub-Saharan Africa that promotes cement sales in up to 10 countries across the continent.
The corporate headquarters of the corporation are in Lagos.
The current Cost of a 50kg bag of Dangote Cement is between: 4,200 Naira and 4,500 Naira.
#2. Lafarge Cement (Elephant)
Lafarge is a French-Swiss business that produces cement, offers concrete products, and runs a quarry for coarse aggregate.
The current price of Elephant cement is ₦4,000 for a 50kg bag and #2,275,000 for a wholesale order of 600 bags.
#3.BUA Cement
With a capacity of more than 2 million tons per year, BUA Cement has been marketed as the second-largest cement producer, just after Dangote.
The King of Strength Cement has some manufacturing plants in the states of Edo and Sokoto.
In addition to the two primary products’ early strength development, BUA plc is renowned for its quick setting and low hydration heat.
The current Cost of BUA cement is 4,200 Naira (for one bag) and ₦2,260,000 Naira for wholesale.
A trailer load of cement is 600 bags.
#4.Ibeto Cement
Ibeto is a Nigerian cement maker that was founded by the company’s CEO and chairman, Dr. Cletus Madubugwu Ibeto.
- The average cost of Ibero Cement is ₦4,100 Naira (for a 50kg bag) and ₦2,270,000 for Wholesale, i.e. 600 bags.
#5.Eagle Cement
Eagle, which is owned by the Philippines, is one of Nigeria’s top cement producers.
A corporation that manufactures and sells cement is called Eagle Cement Corporation.
- Eagle Cement costs: 4,100 Naira (for a 50kg bag) and ₦2,250,000 for Wholesale, i.e. 600 bags
#6.Ashaka Cement
- 50kg bags of Ashaka cement costs: ₦4,000 Naira and ₦2,265,000 for Wholesale, i.e. 600 bags.
#7.UNICEM
- 50kg bag of UNICEM cost: ₦4000
Current Prices Of Cement in Lagos State
- Price ranges for Dangote Cement at the moment are: 4300 to 4,500 per bag (50 kg) and ₦2,350,000 to 2,500,000 per wholesale package (600 bags).
Current Price Of Cement In Port Harcourt
- Price of 50kg (1 bag)- ₦4,500
Dangote Cement Distributor Price
- Each bag(50kg): ₦4,000 – ₦3900
- Wholesale (600bags) – ₦2,250 Naira to 2,400 Naira
Factors Affecting Nigeria’s Fluctuating Cement Prices
1. Cost of maintenance
Cement plants require sophisticated infrastructure, expensive equipment, and heavy-duty gear.
In order for the manufacturers to maintain all of these pieces of equipment, continue making cement, and stay profitable, they simply need to raise the price of a bag of cement.
2. Costs of Distribution
In general, the cost of distributing these cement products’ products also contributes to the rising cost of cement in Nigeria.
This is the case because the cost of distribution to the market and the intended clients is typically high, which could result in an increase in the cost of these products.
3. Poor Power Supply
The non-chalant attitude of the Nigerian Government towards ensuring a stable electricity and power supply in Nigeria has ensured that poor power supply has become a widespread issue.
Producers are forced to rely on Generators and other alternative sources of power, which are extremely expensive, and even more expensive, to maintain and run on a daily basis.
4. Government Policy
Strict government regulations that have been in place for many years have had a significant impact on the cost of manufacturing and producing cement in Nigeria, which has led to an increase in the cost of that cement.
Several tariffs are imposed, imports are prohibited, and the power supply is inadequate, among other government regulations.
5. Retail
The sale of items to the general public in very small amounts is known as retail.
The steadily rising cost of cement in Nigeria is frequently attributed to retail prices.
This is because the retail cost is so high.
For instance, the retail price for the same 50kg bag of cement could be 3,400 Naira, while the wholesale price might be 3,100 Naira.
We choose to buy the bag of cement at the latter price.
The price of cement increases as a result of this rise in retail pricing for personal gain.
Read Also: Price Of BUA Cement in Nigeria Today
Types Of Cement
- Ordinary Portland Cement (OPC)
- Portland Pozzolana Cement (PPC)
- White Cement (also known as Plaster of Paris)
- Rapid Hardening Cement
- Colored Cement
- Low Heat Cement
- High Alumina Cement
- Expansive Cement
- Air Entraining Cement
- Sulfates Resisting Cement
- Quick Setting Cement
- Hydrographic Cement
Frequently Asked Questions on Costs of Cement in Nigeria
- How many cement bags are there per truck in Nigeria?:600 bags out of 900 bags
- How many 50kg cement bags are there in a ton?:One ton of cement is 1000 kilogrammes of the substance, which is how cement is frequently purchased.Therefore, a ton of cement will essentially provide 20 50kg bags of cement.
Conclusion
In Nigeria, the cost of cement varies much like the cost of silver.
In fact, cement is one of the few consumer items in the nation that experiences frequent price fluctuations while not being an imported material.
Even worse, there are regional variations in pricing. For instance, Kano’s prices differ from those in Lagos.
Consequently, it’s simple to become confused while seeking to determine what the current price of cement is in Nigeria, especially if you’re looking online.
Concerned parties have no choice but to watch the pattern of cost changes in order to keep bids and quotations current given the rapid rate at which cement prices in Nigeria fluctuate these days without warning.
