The rate at which cement prices in Nigeria change these days without prior notice, concerned Engineers, Builders Quantity Surveyors and Developers are left with no other option than to follow the trend of cost fluctuations so as to keep tenders and quotations current. This is because, most of the houses constructed in Nigeria make use of a good number of cement bags from Sub structure to Super structure and this therefore contribute a reasonable quota in the cost of building projects today.
In the Nigerian Architecture, Engineering and Construction (AEC) industry, the most popular cement produced by top cement manufacturing companies in Nigeria is the Ordinary Portland Cement and it is mostly used as a masonry adhesive or binding material in combination with fine and coarse aggregates in a given mix ratio to reduce cost of Mortar used for molding, laying of blocks, plastering of walls etc or in Concrete for casting of beams, columns, slabs, pavements, embankments, etc.
It is important you know the Grade of the cement you intend to buy so that you can achieve the required result. The grade shows the minimum Compressive strength (N/mm2 or MPa) attainable by the cement after 28 days of setting. The standard grades for Odinary Portland Cement (OPC) is Grade 43 and Grade 53 which are obtained by grinding and mixing OPC Clinker alongside little amount of Gypsum.
Most Nigerian cement brands meet up with the grading requirement. For example, a 50kg bag of Dangote cement has a grading score of 42.5-grade cement, its BlocMaster, the premium high strength Portland limestone cement in particular attains up to 50mpa in compressive strength after 28 days.
Other cement producers like Ibeto and Bua group also meet up with the 42.5-grade minimum standard for general purpose use as stipulated by Standard Organisation of Nigeria (SON). It is necessary to check for the quality of cements before you make an order for retail or wholesale supplies. Don’t forget to also check if the cement has expired or not.
Price of Cement in Nigeria 2023
Having given you the checklist for buying Cement, the next thing is to decide which brand to go for based on your purchasing power or preference. Depending on cost of production and logistics, these companies have slightly different prices from one another in various depots across the country. How much a 50kg bag of cement for sale costs in Port Harcourt is not the same price dealers sell it in Abuja, Lagos, Benin City or other States in Nigeria. Even at that, the average cost of a bag of cement in Nigeria today is ₦5,200 for retail quantities and ₦5,000 for wholesale quantities (Trailer load). BUA cement now sells at ₦4,000 as retail price and ₦3,500 as wholesale price per bag: a Trailer or Truck load consists of 600 or 900 bags of cement. Check below to see the updated price list of cements in Nigeria for the month on 4th October 2023.
Current price of Cement in Nigeria Today 2023
|Cement Company||50kg Bag Retail Price||600 bags Wholesale Price|
As we strive to update you with the most accurate figures offered by these various brands, if you notice any discrepancy, contact us or leave us a comment with the current price below.
Top Cement Manufacturers / Producers in Nigeria
Here is a brief review of major cement companies in Nigeria.
1. Dangote Cement
The multinational company known as Dangote Cement Plc is a leading indigenous cement company in Sub-Saharan Africa, championing cement sales in up to 10 countries of the region with its chairman being the business man and Billionaire, Aliko Dangote . It was founded in 1992 as Obajana Cement Plc and got renamed in 2010. Presently, the company boasts of the largest cement producer in Sub-Saharan Africa with with its annual production capacity of 48.6 million tonnes, having about 3 cement factories in Nigeria, one in Senegal and another in Tanzania. The product distribution cut across markets in African countries like Senegal, Tanzania, South Africa, Ethiopia, Gabon, Congo, Nigeria, Ivory Coast, Ghana, Togo, Cameroon, Zambia, Liberia and more. Its headquarters is in Lagos.
Dangote Cement has been sold as the best Cement in Nigeria and hence, widely distributed across every nook and cranny of the country as the builders choice. It is equally the most expensive cement currently in Nigeria with presence in every building material dealers’ warehouse.
2. Elephant / Lafarge Cement
Lafarge is a French-Swiss company dealing on cement production alongside sale of Concrete solutions and quarry of coarse aggregates. Its former CEO, Joseph-Auguste Pavin de Lafarge founded it in 1833 with headquaters in Paris, France. Its parent company is LafargeHolcim, in Nigeria, it is best known as Elephant Cement and happens to be the second most popular cement across the country just after Dangote. It has WAPCO cement factory in Ewekoro, Sagamu and Ogun state in the South West and Ashaka in the North East of Nigeria with current cement production capacity of 10.5MTPA. So also the United Cement company and Atlas company in the South South states of Cross River and Rivers respectively.
3. Ibeto Cement
Ibeto is a cement company indigenous to Nigeria and founded by its CEO/Chairman, Dr. Cletus Madubugwu Ibeto. The company began operation in 1997 when the CEO stopped importation of bagged cements from PortLand following Federal Governments ban on packaged cement. Today, Ibeto has reinforced his manufacturing plants which accounts for increased production capacity that runs in millions of metric tonnes per annum, thereby stretching his storage capacity to over 50,000kg per annum.
Over the years, counting from 2005 when production started, Ibeto cement has amassed a loyal customer base both in Nigeria and the world at large.
4. Ashaka Cement
This is a subsidiary of Lafarge cement that is headquartered in Gombe, Northern Nigeria, the name Ashaka is coined from the location in the North where the manufacturing plant was sited.
5. BUA Cement
BUA Cement has severally been marketed as the second largest cement producer just after Dangote with an annual production capacity of more than 2 million tons. The King of Strength Cement has some production plants in Edo and Sokoto States. Apart from early strength attainment of its two major products, BUA plc prides itself as a brand with rapid setting and low heat of hydration.
BUA group ventured into cement business in 2008 just after receiving license from FG to import into Nigeria.
6. Eagle Cement
Eagle is one of the top cement manufacturing companies in Nigeria that is owned by the Philippine. It started as far back as 1995 and has since gone international to become one of the best selling in Naija.
Share this latest price with every potential house owner you know, they will be grateful to you.
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