Cement price jumps to N16,000 per bag
Granite has risen from N530,000 to N780,000 per 30 tonnes. Reinforcing steel now costs N1.15 million per tonne, up from N850,000.
Cement costs in Nigeria
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FG, Cement Manufacturers To Review Progress Reports On Cement Prices in March
FIVE days ago, specifically on Monday February 19, 2024, the Federal Government and the cement manufacturers in the country met over the escalating prices of the commodity nationwide. During the meeting, the Federal Government was represented by the Minister of Works, Dave Umahi, and the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, among other…
Nigeria: Cement Industry Facing Threats of Policy Somersault As Price Climbs To N5,200/ Bag
A week ago, the Minister of Works, Senator David Umahi, stired the hornet’s nest in the cement industry when he announced that he would dialogue with cement manufacturers to reduce the prices of their products. Also fanning the issue was a social media post that accused Dangote Cement for selling cement in Nigeria at significantly…