Price of Cement in Nigeria in 2022

The price of cement in Nigeria fluctuates frequently. The fact that this commodity is an essential building material makes the price fluctuation a bitter situation.

The current price of a bag of cement in Nigeria is affected by many factors, although cement price fluctuations are difficult to investigate, we can know for sure that demand and supply factors, as well as the high exchange rate, can take some of the blame.

This price range for this product differs from brand to brand and in some locations, it is sold differently. If you get a plus or minus ₦200 extra in your local store, then it’s also fine.

We understand that you may want to budget and a close range will help you, hence we’ve compiled a list of cement brands and their prices below.

We are also going to talk about the different brands of cement and the best types so you can have a wider scope to make your decision when you want to buy

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Price of cement in Nigeria

You should only get quality cement and this may cost more. The retail prices of cement can differ because of the location, it can also differ because of quality. You should have an extra #200 per bag when going for a purchase.

Also purchasing wholesale can save you some money

Here is the price of cement in Nigeria in 2023

Brand name	Retail Price per 50kg bag	Wholesale price per 600 bags
Dangote Cement	₦4000 – ₦4200	₦2.4 million-₦2.45 million
Unicem	₦3900 – ₦4100	₦2.2 million-₦2.4 million
Ibeto Cement	₦3900 – ₦4100	₦2.2 million-₦2.4 million
Elephant Cement (WAPCO)	₦3800 – ₦4150	₦2.25 million – ₦2.4 million
Ashaka Cement	₦3900 – ₦4100	₦2.3 million ₦2.45 million
Eagle Cement	₦3850 – ₦4100	₦2.2 million-₦2.4 million
BUA Cement	₦3900 – ₦4050	₦2.25 million ₦2.4 million

Major Cements Brands in Nigeria

In Nigeria, there are many cement brands with various prices. Although the major ones are rampant there are other brands you may like to consider.

The major cement brands in Nigeria include.

Dangote Cement

First on our list is Dangote cement. Very popular and it is the leading cement in the whole of Sub-Saharan Africa. They produce tonnes of cement per year meeting the heavy demands of 10 countries in Africa

The Cement is produced by Dangote Cement Plc a subsidiary of Dangote industries owned by the renowned Aliko Dangote, which began in 1992 as Obanaja cement and changed to its current name in 2010

In Nigeria, this cement price is the most expensive with an extra amount of ₦200 to ₦300 per bag in some places.

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Elephant Cement

Another key cement brand is Elephant Cement, a product of Lafarge Africa Plc. They have a production capacity of 10.5MTPA.

Lafarge Africa Plc is a member of the Holcim Group, a French-Swiss Company, with its headquarters in France. In Nigeria, they have 4 plants.

The first is located at Mfamosin, Cross River State, in the southern part of the country
The second is in Ashaka, Gombe State, North-East of Nigeria
The last two are in Ewekoro and Sagamu in the southwest of Nigeria

They are more than a cement company, they also provide other building materials for both large-scale construction and small-scale building such as gravel, concrete, etc. They also have waste management solutions.

Lafarge plc is a favorable competitor in the cement industry in Nigeria. They have an average price of ₦3900 which makes it a bit cheaper than Dangote. If you buy wholesale the difference will be more intense.

BUA Cement

BUA cement is another leading cement industry in sub-Saharan Africa, especially in Nigeria. After Dangote, you can expect to see them fall closely behind.

BUA cement is a product of BUA Group, a leading Nigerian company that started its cement company in 2008. They have their cement plants in Sokoto and Edi States.

BUA company is a 100% Nigerian company with its headquarters in Nigeria. They also deal in infrastructure, food, mining, and manufacturing. Producing over 10MPTA to compete favorably.

If you want to patronize a strong Nigerian company, BUA cement is a building product you should try out. Their prices are within the average range of cement prices.

As a rule, when considering the price of cement you should also consider the cost of roofing sheets, sand, and stones per ton and other building materials in Nigeria.

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Ibeto Cement

Mr. Clement Ibeto Cement is among the 3 top cement dealers in Nigeria. Before 1997, they imported different types of cement from Portland

Now, Ibeto has its cement brand that has gone through several challenges in Nigeria. This industry has added to the total supply of cement in Nigeria.

Ibeto cement is also among the average-priced cement in Nigeria.

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Eagle Cement

Eagle cement company is cement Philippine cement company, They manufacture cement from the quarrying to the final distribution stage.

It started in 1995 and since then, they have grown into a more popular cement company

Eagle cement is among the cheapest cement in Nigeria. Their price is about #200 lesser per bag than other types of cement.

Ashaka Cement

Ashaka cement is a subsidiary of Lafarge Africa Plc. It is known as the star of the North. Its name is gotten from its location at Ashaka, Gombe in the Northern part of Nigeria.

The price of cement is also in the same range as its counterpart located in various parts of Nigeria.

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Unicem

Unicem means United Cement, it is another subsidiary of Lafarge Africa Plc. They are located at Mfamosin in Cross River State.

Unicem is one of the leading Cement brands in Eastern Nigeria. It prides itself as a flawless brand that can be used for any construction work.

Conclusion

In summary, the price of cement in Nigeria can vary depending on various factors such as location, brand, and quantity.

It’s always a good idea to verify current prices and compare them among different suppliers before making a purchase. By doing so, you can ensure that you’re getting the best value for your money and making an informed decision for your construction or building project.

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FAQS on Price of Cement in Nigeria

How much is 1 bag of cement in Nigeria?

If you’re looking to buy cement, Ashaka Cement is a brand to consider. As of the latest information available, a 50kg bag of Ashaka cement is priced at ₦3,900.

How many bags of cement can build 4 bedroom flat?

If you’re planning to build a four-bedroom house in Nigeria, you’ll need between 112 and 120 bags of cement to complete the project. This estimate assumes a living room and dining area of 12×12 feet, along with four bedrooms, each with its own bathroom, and a kitchen. Keep in mind that this is just an estimate, and the exact number of bags you’ll need can vary depending on factors like the size and design of your house, the quality of your building materials, and the skill level of your construction team. It’s always a good idea to consult with a professional builder or engineer to get a more accurate estimate for your specific project.

How much is 1 block in Nigeria?

If you’re in Nigeria and looking to buy blocks for building or construction, as of the latest information available, the cost of one 9-inch block is ₦350. However, keep in mind that prices can vary depending on factors like location, supplier, and demand. It’s always a good idea to double-check current prices in your area before making a purchase.

How much is a tipper of sand?

The cost of a tipper of sand can vary depending on your location in Nigeria and other factors such as demand and supplier. As of the latest information available, the cost of a tipper of sand in Nigeria can range from ₦40,000 to ₦70,000 or more.

However, keep in mind that prices can change over time and may vary depending on the quality of the sand and the distance to transport it. It’s always a good idea to check with local suppliers in your area for the most up-to-date pricing information.

Cement is a very essential building material. There is a lot of brand in Nigeria you could pick from. To have an adequate budget it is important to consider their current prices because they can fluctuate easily.

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Price of Cement in Nigeria in 2023