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Cement Prices Across 36 States In Nigeria - Current Rates and Market Trend
The article has delves into the current state of cement prices in Nigeria, prescribed the challenges and market trends impacting affordability of cement in some state within the country.
Challenges in Cement Pricing:
Efforts to stabilize cement prices through agreements between the federal government and manufacturers have faced challenges.
- The current retail prices, ranging between N8,500 and N10,500, exceed the agreed-upon target of N7,000 to N8,000.
This disparity underscores persistent hurdles in making construction materials affordable for Nigerians.
Brand Positioning:
- Ibeto and BUA Cement are recognized as more budget-friendly options.
- Dangote Cement occupies a mid-range price point.
- UNICEM and Lafarge Cement are priced at the higher end of the spectrum.
Current Prices Across Nigeria:
State Price Range
- Abia N8,500 – N10,000
- Adamawa N8,500 – N10,000
- Akwa Ibom N8,500 – N10,000
- Anambra N8,500 – N10,000
- Bauchi N8,500 – N10,000
- Bayelsa N8,500 – N10,000
- Benue N8,500 – N10,000
- Borno N8,500 – N10,000
- Cross River N8,500 – N10,000
- Delta N8,500 – N10,000
- Ebonyi N8,500 – N10,000
- Edo N8,500 – N10,000
- Ekiti N8,500 – N10,000
- Enugu N8,500 – N10,000
- Gombe N8,500 – N10,000
- Imo N8,500 – N10,000
- Jigawa N8,500 – N10,000
- Kaduna N8,500 – N9,500
- Kano N8,500 – N9,500
- Katsina N8,500 – N10,000
- Kebbi N8,500 – N10,000
- Kogi N8,500 – N10,000
- Kwara N8,500 – N10,000
- Lagos N8,500 – N10,000
- Nasarawa N8,500 – N10,000
- Niger N8,500 – N10,000
- Ogun N8,500 – N10,000
- Ondo N8,500 – N10,000
- Osun N8,500 – N10,000
- Oyo N8,500 – N10,000
- Plateau N8,500 – N10,000
- Rivers N8,500 – N10,000
- Sokoto N7,950 – N8,200
- Taraba N8,500 – N10,000
- Yobe N8,500 – N10,000
- Zamfara N8,00 – 8,200
- Abuja N8,500 – N15,000
Market Trends:
The uniformity in cement prices across different states indicates a lack of significant regional price variations.
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