Current Price List Of Cement Produced By BUA, Dangote, Lafarge, Ibeto

Retailers of major cement producers in the country have continued to sell the commodity at a high price despite the agreement between the Federal Government and the manufacturers.

Recall that Dangote, Lafarge, BUA and other cement producers had agreed to sell 50kg bag of cement between the price of N7,000 and N8,000.

READ ALSO: Cement Manufacturers Agree To Slash Prices In Nigeria

The agreement was reached at a meeting initiated by the Minister of Works, David Umahi.

However, despite the initial agreement, reports have shown that cement is being sold for as high as  N10,000 and N11,000 in the Idimu area of Lagos state.

Also, a survey revealed that the agreed prices are yet to be implemented.

A trader identified as Kunle said that a bag of cement was still being sold for over N7,000.

He said: “All the talk about N7,000 is just in the media; I still buy from my suppliers at above N7,000.”

Here are the current market prices of cement based on the survey carried out,

Dangote Cement Plc – N11,000 to N12,500

Lafarge Africa Plc – N12,000 to N14,000

BUA Cement–  N10,000 and N11,000

UNICEM Cement – N12,000 to N14,000

Ibeto Cement–  N10,000 to N11,000.

Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG