Price Of Bag Of Dangote, BUA, Other Cement This Week
Nigerians are expressing optimism about a potential decrease in cement prices after Aliko Dangote, Africa’s richest man, clarified his position regarding monopolizing the industry.
Dangote, the owner of Dangote Cement, recently distanced himself from claims that his company enjoys a monopoly in the sector.
In a statement, Dangote emphasized that his group of companies has never engaged in any practices to consciously or unconsciously prevent others from entering the cement market.
He noted that when Dangote Cement began operations, there was only one other significant player in Nigeria, Lafarge, and that no one accused Lafarge of monopolistic practices at that time.
Dangote’s comments have sparked hope among Nigerians that the competitive landscape in the cement industry might improve, potentially leading to lower prices.
The cost of a bag of cement has been a concern for many, impacting construction costs and housing affordability across the country.
Price Of Dangote Cement
The current price of Dangote cement varies from ₦6,500 to ₦7,000 per 50kg bag, depending on the location.
Price Of BUA Cement
The retail price of BUA cement in Nigeria is between ₦6,700 to ₦7,000.
Price Of POP Cement
Pop White Cement or Plaster Cement – ₦7,900
Price Of Lafarge Cement
A bag sells for ₦7,800
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