Latest Retail, Wholesale Prices of Cement in Nigeria Today
The construction industry in Nigeria, where cement is pivotal for every project's strength and stability, is experiencing shifts in cement prices.
The detailed report from Okay.ng on the latest cement prices in Nigeria provides essential insights for builders, contractors, and stakeholders within the construction industry. As of 16th March 2024, the article presents a thorough breakdown of both retail and wholesale prices for popular cement brands, signifying the material's fundamental role in construction projects across the country.
For retail, prices per 50kg bag are listed as follows:
- Dangote Cement: ₦9,900 to ₦10,500
- Lafarge Cement: ₦9,100 to ₦10,500
- BUA Cement: ₦9,900 to ₦10,500
- Elephant Cement: ₦9,200 to ₦10,500
- Ashaka Cement: ₦9,900 to ₦10,500
Wholesale prices per 50kg bag show a range of:
- Dangote Cement: ₦8,000 to ₦11,300
- Lafarge Cement: ₦8,000 to ₦10,440
- BUA Cement: ₦8,000 to ₦11,000
- Elephant Cement: ₦8,000 to ₦10,400
- Ashaka Cement: ₦8,000 to ₦11,000
Additionally, the article covers wholesale prices for trailer loads, offering a glimpse into the cost-saving benefits of bulk purchases, with free delivery included to specific locations. Prices for trailer loads of various brands are:
- Dangote Cement: ₦4,800,000
- Lafarge Cement: ₦4,240,000
- BUA Cement: ₦4,120,000
- Elephant Cement: ₦4,240,000
- Ashaka Cement: ₦4,240,000
Moreover, the report provides an insightful overview of the prices of cement across Nigeria's 36 states and the Federal Capital Territory (FCT) as of the same date, illustrating the diversity in pricing due to factors like demand, transportation costs, and local market conditions. Prices per 50kg bag across different states vary, with a general range from ₦8,500 to ₦15,000, underscoring the dynamic nature of the construction materials market in Nigeria.
