By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The CapitalThe CapitalThe Capital
Notification Show More
Font ResizerAa
  • Home
  • News
    • Featured
      • Featured Profile
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Reading: BREAKING: New Cement Prices Announced Nationwide; Dangote, BUA Release Fresh Rates
Share
Font ResizerAa
The CapitalThe Capital
  • Home
  • News
  • Business
  • Politics
  • International
  • Entertainment
  • Lifestyle
  • Opinion
  • Sports
Search
  • Home
  • News
    • Featured
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Have an existing account? Sign In
Follow US
Business

BREAKING: New Cement Prices Announced Nationwide; Dangote, BUA Release Fresh Rates

May 9, 2026 8:40 pm
The Capital
Share
SHARE

As of early May 2026, the cost of cement in Nigeria continues to reflect sustained market pressure, with a 50kg bag selling between ₦10,000 and ₦14,000 across various parts of the country.

Despite earlier reports of agreements between manufacturers and the Federal Government to moderate prices, the reality on the ground shows that retail prices remain significantly high in most cities.

A breakdown of current market prices indicates that Dangote Cement is retailing between ₦11,000 and ₦12,500 per bag, maintaining a strong presence as one of the most widely distributed brands nationwide.

BUA Cement appears to be slightly more affordable, with prices ranging from ₦10,000 to ₦11,000, while Lafarge Africa tops the chart, with prices fluctuating between ₦12,000 and ₦14,000.

Regional disparities continue to play a significant role in determining the final cost to consumers.

In cities such as Warri and Calabar, prices are typically higher—ranging from ₦12,500 to ₦13,000—largely due to transportation challenges, logistics costs, and supply chain inefficiencies.

Market analysts attribute the persistent high prices to a combination of factors, including increased demand driven by ongoing construction activities, rising production costs, and fluctuations in foreign exchange rates affecting imported inputs.

Although regulatory efforts were aimed at stabilizing prices, these underlying economic pressures have continued to undermine such initiatives.

Stakeholders in the construction sector have expressed concern over the impact of rising cement prices on housing affordability and infrastructure development.

Builders and developers warn that unless concrete measures are implemented to address supply bottlenecks and production costs, the trend may persist, further straining both individual and large-scale construction projects.

See also  A Tale of Two Currencies: Naira vs Ghana Cedi

In the absence of effective price control enforcement, consumers are left to navigate a market where cement prices remain largely dictated by demand and distribution dynamics, raising broader questions about affordability and economic stability in Nigeria’s building sector.

You Might Also Like

Foreign Reserves Rise to $34.85b on ‘Naira For Dollar’ Policy
IMF Seeks Unified Exchange Rate For Naira As Emefiele Blames Negative Growth Rate on Lockdown
Again Petrol Landing Cost Drops –Nigerian Marketers Speak On New Price, As Drop In Petrol Prices Expected
Why Naira Is Appreciating And How Long It May Last
CBN Replies Minister On Naira Redesign, Says Nigeria Under Threat
Share This Article
Facebook Email Print

“Sad News”: Tears as Okonjo-Iweala is Bereaved, Peter Obi Reacts

Prince Ikechukwu Okonjo, younger brother of Ngozi Okonjo-Iweala, the director-general (DG) of…

2027 Election: Atiku’s Running Mate Finally Revealed, 3 Names Emerge

Former Vice-President, Atiku Abubakar, is said to be weighing his options ahead…

Cheapest States to Buy Petrol As Prices Drop Following Fuel Supply From Local Refineries by Marketers. DETAILS EMERGE

JUST IN: Marketers Crash Petrol by Over N100, New Pump Prices Emerge Nationwide

The cost of importing petrol into Nigeria has dropped sharply following the…

BREAKING: Three Former APC Speakers Dump Party, Full List Emerges

The 2027 general election is around the corner, and political parties are…

VIDEO: How Adelabu’s Sister, Twin Sons Were Rescued Amid Gun Battle Between Police and Kidnappers

Video footage has emerged showing the moments operatives of the Nigeria Police…

Follow US

Find US on Social Medias
FacebookLike
XFollow
TelegramFollow
WhatsAppFollow

You Might Also Like

Business

FG Approves N158 Billion Contract For Dangote To Build Lekki Port Service Lanes to Shagamu-Benin Expressway

September 25, 2024

CBN sells $210m as naira closes at 364/dollar

January 30, 2018

Fitch rates Diamond ‘BBB’+, Bol gets AA+

July 15, 2016
NIN: Jail NCC Boss, Maida, Others For Contempt, Lawyer Urged Court
Business

JUST IN: NCC Announces Final Deadline For NIN-SIM Linkage Compliance

August 28, 2024

Categories

  • News
  • Homepage
  • Business
  • Politics
  • Top News
  • Highlife
  • Entertainment
  • Sports
  • Lifestyle
  • Inside Boardroom

About The Capital

We deliver premium coverage of business, politics, lifestyle, entertainment, and society stories shaping Nigeria and beyond. Through credible reporting, insightful features, and engaging digital storytelling, we keep readers informed on the people, trends, events, and conversations driving modern culture and public discourse.
Quick Links
  • About
  • Advertise
  • Contact

Connect with us on Social Media

Facebook X-twitter Whatsapp Envelope

Send us email: [email protected]

© thecapital.ng. All Rights Reserved. Designed by Semasir Connect.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?