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Nigeria Cement Prices Surge as Costs Hit Builders Hard

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Cement

Nigeria Cement Price Increase continues as Dangote, BUA and Lafarge cement rise to ₦11,800–₦12,000, impacting construction projects nationwide

The prices of major cement brands across Nigeria, including Dangote Cement, BUA Cement, Lafarge Cement and Mangal Cement, have continued to rise in recent weeks, placing mounting pressure on builders, contractors and stakeholders in the construction sector.

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Also  read: Cement Price in Nigeria Surges 367% From 2020 to 2026 Amid Housing Crisis

Market checks indicate that cement now sells between ₦11,800 and ₦12,000 per 50kg bag in several locations, with traders expressing concern over the lack of a stable pricing structure.

The Nigeria Cement Price Increase has become a growing concern as fluctuations continue to disrupt planning and budgeting for construction projects.

Industry stakeholders say the persistent rise in prices is already affecting operations, with many contractors reporting delays and, in some cases, suspension of ongoing building projects due to escalating costs.

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The increase has also contributed to a broader rise in the cost of building materials nationwide.

Analysts and market observers attribute the trend to a combination of production and macroeconomic challenges.

High energy costs remain a major driver, as cement manufacturing depends heavily on gas, diesel and electricity, all of which have seen price increases in recent times.

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Transportation and logistics costs have also contributed significantly to the upward pressure. Rising fuel prices, coupled with poor road infrastructure, have made it more expensive to move cement from factories to distribution points across the country.

Exchange rate volatility is another key factor, as many components used in cement production, including machinery and spare parts, are imported.

Fluctuations in the naira have therefore increased production costs for manufacturers.

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Demand within the construction sector has also played a role in sustaining higher prices.

Ongoing infrastructure projects, housing developments and private construction activities have continued to drive consumption, tightening supply in some markets.

Inflation and general operational costs have further compounded the situation, increasing expenses related to labour, maintenance and distribution for manufacturers and suppliers.

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Also  read: Liverpool targets Michael Olise as Mohamed Salah replacement

The continued rise in cement prices highlights the broader challenges facing Nigeria’s construction industry, with stakeholders calling for measures to stabilise input costs and improve supply chain efficiency to support sustainable development.

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