Current Price of Cement in Nigeria Today (October 2020) – The price of cement in the country is not steady at all and even though there are complains when the prices increase, people have no choice but to go with the changes.
This is as a result of the fact that there is no how you can go about constructing a building and the likes without making use of cement. Sometimes it is surprising at how quick the price of cement changes even though it is not imported.
Previously, due to the instability of Naira to the Dollar and other factors, the price of a bag of cement stood at between N2,800 to N3,000 depending on your location in the country. The high cost of cement have deterred some builders from purchasing it.
Although, there are still fluctuations and instability of Naira to Dollar, the new price of cement is between N2,500 to N2,600 depending on where you buy in the country. And the cost of 600 bags of cement in wholesale is between the prices of N1,400,000 to N1,500,000.
It is therefore safe to say that on average, the price of cement in Nigeria is 2,800 Naira. It has however important to note that the price of cement is not the same in all parts of Nigeria. Prices in high profile places like Lagos and Abuja is slightly higher as compared to low profile places.
Thank for reading.
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