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Price Of Bag Of Dangote, BUA, Other Cement This Week
['Enioluwa Adeniyi']
Naija News
advertisementThe price of cement in Nigeria has stabilised, with major brands, Dangote, BUA, and Mangal, now retailing uniformly at ₦10,500 per 50kg bag across many parts of the country.
Energy & Transportation CostsWith diesel and fuel prices remaining high, transportation of cement from factories to distribution points adds significantly to the final retail cost.
A volatile naira makes it more expensive to maintain equipment and source inputs, contributing to the final retail price.
Market Regulation & CompetitionStory continues below advertisementDespite calls for price control, the cement industry operates largely under deregulated pricing.
A slowdown in such projects could ease pressure on retail prices.