As of March 2025, the prices of major cement brands in Nigeria have experienced significant fluctuations, influenced by various economic factors.
Below is a breakdown of the current prices for Dangote, BUA, Lafarge (Elephant), and other notable cement brands:
1. Dangote Cement
Dangote Cement, a subsidiary of Dangote Industries Limited, is Nigeria’s leading cement manufacturer. As of February 2025, a 50kg bag of Dangote cement is priced between ₦9,900 and ₦10,500, depending on the location.
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2. Lafarge Africa Plc (Elephant Cement)
Known popularly as ‘Elephant Cement’ due to its iconic elephant logo, Lafarge Africa is a prominent cement producer in Nigeria. As of February 2025, a 50kg bag of Lafarge cement sells between ₦9,100 and ₦10,500, depending on the region.
3. BUA Cement
BUA Cement, a subsidiary of BUA Group, is esteemed for its affordability without compromising quality. As of February 2025, a 50kg bag of BUA cement is available between ₦8,000 and ₦11,000, contingent on the seller and region.
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4. Ibeto Cement
Ibeto Cement, part of the Ibeto Group, has garnered a reputation as a cost-effective option that effectively meets construction needs. Presently, a 50kg bag of Ibeto cement costs between ₦9,500 and ₦10,500.
5. United Cement Company of Nigeria Limited (UniCem)
UniCem, under the Lafarge Group, is a leading cement brand in eastern Nigeria, suitable for both general and structural applications. As of February 2025, a 50kg bag of UniCem cement is priced between ₦11,500 and ₦13,500, varying by location.
In an effort to stabilize cement prices, the Federal Government engaged with major cement manufacturers, including Dangote and BUA, to establish a price monitoring mechanism.
An agreement was reached to lower cement prices from the previous range of ₦9,000–₦15,000 per 50kg bag to a new nationwide range of ₦7,000–₦8,000, depending on location.
However, significant reductions in cement prices have yet to materialize, leading to further government scrutiny and potential interventions.