Recent fluctuations in cement prices in Nigeria have sparked concerns among consumers and industry stakeholders alike.
Despite agreements reached between the Federal Government and major cement producers, discrepancies in pricing have surfaced, prompting scrutiny of the current market rates.
Originally, agreements aimed to establish a pricing framework, setting the price range for a 50kg bag of cement at between N7,000 and N8,000.
However, reports indicate that many retailers are not adhering to these agreed-upon prices.
Cement Brands and Prices in Nigeria Today – April 12, 2024
- Dangote Cement Plc: Prices range between N7,000 and N8,500 per bag.
- Lafarge Africa Plc: Cement is available within the price bracket of N7,000 to N8,000 per bag.
- BUA Cement: Retail prices vary from N6,500 to N7,500 per bag.
- UNICEM Cement: Prices fluctuate between N6,000 and N7,000 per bag.
- Ibeto Cement: Retail prices range from N6,500 to N7,000.
Plaster of Paris (POP) Cement
- ABS POP Cement 40kg: N8,800 per bag
- AZ MOULDA 40kg: N8,500 per bag
- VEGALUX Paint: N4,500 per bag
- Kalsiceil Fibre Cement Ceiling Board (POP Ceiling Board Designs): N4,700 per bag.