See the new cement prices for Dangote, BUA, others after cost freezing for FG

• Despite aggregate interventions from the government, cement prices are yet to driblet beneath the N8,500 past seen successful January 2025
• Prices person accrued steadily since March, adding a small each month, and are present pushing adjacent to the N15,000 people again
• Dealers person offered immoderate terms predictions astir what cement prices could look similar successful August 2025

Ruth Okwumbu-Imafidon, a writer with Legit.ng, has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

Amid the respective reforms from President Bola Tinubu's administration, cement prices person accrued again crossed Nigeria.

A survey from Legit.ng confirms that a 50kg container of cement present sells for arsenic precocious arsenic N12,000 successful respective states.

The terms ranges from astir N9,500 to N12,500, depending connected the determination and brand.

The terms of cement has a nonstop bearing connected the outgo of gathering a house, and the rent tenants volition pay. Photo credit: Pius Utomi Ekpei
Source: Getty Images

Cement prices deed N15,000 successful February

Recall that the terms of a 50kg container of cement archetypal deed N15,000 successful February, triggering a outcry retired from Nigerians.

After involution from the national government, the prices tumbled down to astir N7,800 to N8,000 for antithetic brands of the product.

The prices started increasing again successful March 2025, overmuch to the astonishment of stakeholders who expected authorities involution to clasp prices down.

By May 2025, Dangote cement sold betwixt N8,000 to N9,000 astatine the depots and betwixt N9,900 to N10,500 among retailers.

In June 2025, Legit.ng reported that prices had accrued to N10,500 for a container of cement, and present successful July, the merchandise sells betwixt N11,000 and N12,000.

Dealers punctuation caller prices for 50kg container of cement

Legit.ng confirmed that a 50kg container of Dangote cement sells for astir N11,000 successful respective parts of Abuja.

A dealer, who gave his sanction arsenic Osesumhen, confirmed that it besides retails for N11,000 successful Edo state, peculiarly the Uromi and Ekpoma axis.

The concern is akin successful Lagos state, wherever the dealers merchantability for an mean terms of N11,000 oregon N11,500 per 50kg bag.

In immoderate markets, the merchandise retails arsenic precocious arsenic N12,000, but for bulk purchases wherever the sellers connection a discount.

While the prices of different brands similar Bua, Lafarge, and Elephant are somewhat little expensive, they are not arsenic communal successful smaller retail outlets successful Lagos.

Cement dealers foretell higher prices successful July and August

Recall that cement dealers and experts who spoke to Legit.ng had predicted somewhat elevated prices successful July and August.

They attributed the projected summation to the precocious request for cement, arsenic good arsenic logistics challenges and precocious proscription costs.

One of the cement dealers, Osas Igho, said determination would beryllium much upward unit successful August 2025, and the merchandise would proceed to merchantability astatine a premium price.

Contractors who had submitted bids with little prices abruptly find themselves incapable to implicit their projects. Photo credit: AFP, Contributor
Source: Getty Images

A contractor who spoke to Legit.ng lamented the interaction of the terms alteration connected ongoing projects. Engineer Fred Osayande noted that contractors would suffer superior money for projects that had been secured astatine the erstwhile price.

Construction costs, rents acceptable to increase

In related news, operation experts person warned that Nigerians looking to physique homes volition beryllium spending a batch much successful 2025.

They noted that gathering materials are getting much costly by the day, and efforts from the 3 largest players - Dangote, Bua, and Lafarge - person been incapable to propulsion prices down.

Legit.ng reports that location seekers and tenants are besides impacted arsenic the hike successful prices of gathering materials yet affects rents and different costs.

PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!

Source: Legit.ng