As of March 2025, the Nigerian cement industry continues to face challenges related to pricing and market dynamics. Despite ongoing efforts by the government to stabilize costs, the price of a 50kg bag of cement remains a major concern for consumers, builders, and contractors across the country.
This comprehensive guide provides detailed insights into the current cement prices in Nigeria for 2025, along with market trends, challenges, and projections for the future.
Current Cement Prices in Nigeria (March 2025)
The price of cement varies from state to state, influenced by factors such as location, transportation costs, and brand availability. As of early 2025, the average retail price per 50kg bag of cement in Nigeria ranges between ₦9,000 and ₦10,500, while prices in the Federal Capital Territory (FCT) Abuja can go as high as ₦11,000.
Cement Price List by State (March 2025)
| State | Price Range (₦) |
|---|---|
| Abia | 9,000 – 10,500 |
| Adamawa | 9,000 – 10,500 |
| Akwa Ibom | 9,000 – 10,500 |
| Anambra | 9,000 – 10,500 |
| Bauchi | 9,000 – 10,500 |
| Bayelsa | 9,000 – 10,500 |
| Benue | 9,000 – 10,500 |
| Borno | 9,000 – 10,500 |
| Cross River | 9,000 – 10,500 |
| Delta | 9,000 – 10,500 |
| Ebonyi | 9,000 – 10,500 |
| Edo | 9,000 – 10,500 |
| Ekiti | 9,000 – 10,500 |
| Enugu | 9,000 – 10,500 |
| Gombe | 9,000 – 10,500 |
| Imo | 9,000 – 10,500 |
| Jigawa | 9,000 – 10,500 |
| Kaduna | 9,000 – 10,500 |
| Kano | 9,000 – 10,500 |
| Katsina | 9,000 – 10,500 |
| Kebbi | 9,000 – 10,500 |
| Kogi | 9,000 – 10,500 |
| Kwara | 9,000 – 10,500 |
| Lagos | 9,000 – 10,500 |
| Nasarawa | 9,000 – 10,500 |
| Niger | 9,000 – 10,500 |
| Ogun | 9,000 – 10,500 |
| Ondo | 9,000 – 10,500 |
| Osun | 9,000 – 10,500 |
| Oyo | 9,000 – 10,500 |
| Plateau | 9,000 – 10,500 |
| Rivers | 9,000 – 10,500 |
| Sokoto | 9,000 – 10,500 |
| Taraba | 9,000 – 10,500 |
| Yobe | 9,000 – 10,500 |
| Zamfara | 9,000 – 10,500 |
| FCT Abuja | 9,500 – 11,000 |
Challenges Affecting Cement Prices in Nigeria
Efforts by the Federal Government to stabilize cement prices through dialogue with manufacturers have yielded mixed results. In early 2025, the government urged cement producers to reduce prices to between ₦7,000 and ₦8,000 per 50kg bag. However, retail prices continue to hover around ₦10,000, underscoring ongoing challenges in the sector.
Major Factors Contributing to High Prices:
- Fluctuating Exchange Rates: The value of the naira against the US dollar impacts production costs, particularly for imported raw materials and equipment.
- High Energy Costs: Cement production is energy-intensive, and the rising cost of energy significantly affects the final price of the product.
- Logistics and Transportation: Poor infrastructure and high transportation costs increase the cost of distribution across states.
- Security Concerns: Insecurity in some regions disrupts supply chains and affects delivery timelines.
Cement Market Landscape in Nigeria (2025)
Nigeria’s cement industry is dominated by several major players, including:
- Dangote Cement: Holds the largest market share and is considered a mid-range option in terms of pricing.
- BUA Cement: Often viewed as a more affordable brand, popular in the Northern and Southern regions.
- Lafarge Africa: Typically positioned at the premium end of the market. Recent developments, such as the sale of Lafarge Africa to a new investor, are expected to impact pricing and competition.
Market Trends and Projections for 2025
The Nigerian cement market is expected to maintain a steady growth trajectory in 2025 despite the pricing challenges. Industry analysts project increased competition due to new entrants and mergers, which may lead to more competitive pricing.
Key Trends:
- Rising Demand: With Nigeria’s growing population and urbanization, the demand for cement in residential and infrastructure projects remains strong.
- Potential Price Reduction: Stabilization of the naira and government pressure on manufacturers could lead to price reductions later in 2025.
- Increased Production Capacity: Manufacturers are expanding capacity to meet domestic demand and export opportunities, potentially driving down prices over time.
Wholesale vs. Retail Cement Prices
While bulk purchases and wholesale buying offer cost advantages, the retail prices for individual buyers remain high. The relatively uniform price range across states suggests minimal regional price variation, primarily due to centralized production hubs and consistent distribution costs.
