In this article, we will provide you with the latest Cement Price update in Nigeria for today, 1st May 2024, with different manufacturers with their various prices.
In recent months, the Federal Government and Cement Manufacturers have held a meeting to end Cement Price hikes across the Country which leads to a lower turn out of buyers in the Cement industry.
Despite that, the Cement price remains surged, ignoring the recent agreement between the Federal Government and Manufacturers.
Contents
- 0.1 What the Agreement Between the Federal Government and Cement Manufacturers Means:
- 0.2 Read Also: Black Market Exchange Rate for Dollar (USD) to Naira (NGN) on 29th April 2024
- 0.3 Price Agreements for Retailers Compliances
- 0.4 How Much is the Cement Price in Nigeria Today 1st May 2024?
- 0.5 Related: Price of Petrol (Per Litre) in Nigeria Today, 28th April 2024
- 1 Related
What the Agreement Between the Federal Government and Cement Manufacturers Means:
The recent agreement between the President Bola Ahmed Tinubu government and the Cement Manufacturers which include Dangote Cement, BUA Cement Lafarge, Ibeto, and others, sought to bring the right price for the benefit of our country.
Read Also: Black Market Exchange Rate for Dollar (USD) to Naira (NGN) on 29th April 2024
The Federal Government and Cement Manufacturers agreement seems to bring the 50kg bag of cement to be priced within the range of N7,000 to N8,000.
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Price Agreements for Retailers Compliances
Many Cement Retailers ignore the recent Federal Government agreement to slash the cement price, which many use to sell cement at a high price, the prices that the Federal Government wants are between N7,000 and N8,500 per 50kg bag of cement.
How Much is the Cement Price in Nigeria Today 1st May 2024?
According to the research conducted by our officials, the current cement price for today have listed below;
- Dangote Cement: The Price for Dangote Cement ranges between N6,500 to N8,500 per bag.
- BUA Cement: The Price for BUA Cemenr ranges between N6000 to N7,500 per bag.
- Lafarge Cement: The Price of Lafarge Cement ranges between N6,500 to N8,000 per bag.
- Ibeto Cement: The Price of Ibeto Cement ranges between N6,000 to N7,000 per bag.
Related: Price of Petrol (Per Litre) in Nigeria Today, 28th April 2024
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