News
Current Prices of Dangote, BUA, Other Cement Brands This Week
The cost of cement in Nigeria has seen notable fluctuations in recent months, largely influenced by economic conditions, production costs, and government interventions.
These price changes impact the construction industry, affecting both large-scale developers and individual builders.
Below is an updated breakdown of the latest prices for major cement brands in Nigeria, including Dangote, BUA, Lafarge (Elephant), and others.
1. Dangote Cement
Dangote Cement, a subsidiary of Dangote Industries Limited, remains the largest cement producer in Nigeria, known for its widespread availability and quality. As of March 2025, the price of a 50kg bag of Dangote Cement ranges between ₦9,900 and ₦10,500, depending on location and retail supplier.
2. Lafarge Africa Plc (Elephant Cement)
Commonly referred to as Elephant Cement due to its distinctive branding, Lafarge Africa is a well-established name in the Nigerian cement industry. The price for a 50kg bag of Lafarge Cement currently varies between ₦9,100 and ₦10,500, influenced by regional market conditions and supply chain costs.
3. BUA Cement
BUA Cement, a major competitor in the Nigerian market, is recognized for its affordability while maintaining high quality. The 50kg bag of BUA Cement is currently priced between ₦8,000 and ₦11,000, with variations depending on the region and seller.
4. Ibeto Cement
Ibeto Cement, a product of the Ibeto Group, is known for its cost-effectiveness and growing market presence. As of March 2025, a 50kg bag of Ibeto Cement is available at prices ranging from ₦9,500 to ₦10,500.
5. United Cement Company of Nigeria Limited (UniCem)
UniCem, a brand under Lafarge, has a strong market presence, especially in eastern Nigeria. It is widely used for both residential and structural construction projects. The price of a 50kg bag of UniCem Cement currently falls between ₦11,500 and ₦13,500, with location-based variations.
Government Efforts to Regulate Cement Prices
In response to rising cement costs, the Federal Government initiated discussions with major cement manufacturers, including Dangote Cement, BUA Cement, and Lafarge Africa. These engagements aimed to address supply chain disruptions, inflationary pressures, and price manipulation within the industry.
As part of this intervention, an agreement was reached to lower cement prices from the previous range of ₦9,000–₦15,000 per 50kg bag to a more stable range of ₦7,000–₦8,000, depending on location. However, despite this agreement, significant price reductions have not been widely observed in the market.
The persistent high cost of cement has raised concerns among industry stakeholders, prompting further government scrutiny and potential regulatory measures to ensure affordability for consumers and businesses.
Cement prices in Nigeria remain volatile, influenced by production costs, transportation challenges, exchange rate fluctuations, and market demand. While government intervention aims to bring relief, actual price reductions have yet to take full effect. Consumers are advised to monitor market trends and buy from reputable suppliers to get the best deals.
By Kayode Sanni-Arewa
The chairman of the Ekiti state congress committee, Chief Afolabi Adekanbi has hailed members of the People’s Democratic Party in Ekiti state for conducting themselves peacefully at the just concluded ward congresses across the 177 wards in the state.
The chairman who spoke with journalists at the PDP state Secretariat in Ado Ekiti on Saturday, said that the peaceful conduct of the congress has signified that the future of PDP in Ekiti state is very bright and promising.
He applauded the leaders of the party for their discipline, temerity and maturity in handling the affairs of the party especially the way the congress was done without rancor.
The chairman noted that the state PDP has set a very good example for others across Nigeria, saying that what happened in Ekiti state is a threat to the ruling party as it’s now clear that PDP is more organized than any other party in Nigeria.
He however urged all members of the party in the state to maintain the same tempo in the subsequent congresses, adding that it’s not over until it’s over.
In his remarks, the chairman of the caretaker committee in the state, Chief Dare Adeleke applauded the the chairman and members of the congress committee, saying their conduct played a significant role in the success of the congress.
He as well commended members of the party in the state for making sure that the congress was conducted under a peaceful atmosphere.
By Kayode Sanni-Arewa
Armed unidentified men who recently kidnapped Abdulsalam Rabi’u, the winner of the National Qur’anic Recitation Competition, are demanding a ransom of ₦30 million for his release.
The young scholar, alongside his father and brothers, were abducted on Tuesday near Labin Bangori in Katsina State while returning home from a state recognition ceremony.
Details of the Abduction
Rabi’u, a medical student at Ahmadu Bello University (ABU), Zaria, hails from Katsina State and was recently honored for his exceptional performance in the Hizb 60 with Tajweed category of the National Qur’anic Recitation Competition held in Kebbi State.
Following his victory, Governor Dikko Umar Radda invited him and his father to the Katsina Government House for a special recognition event.
Unfortunately, after the ceremony, they were ambushed and taken captive by gunmen along with other family members.
Government’s Response
Katsina State’s Commissioner for Information and Culture, Bala Salisu-Zango, confirmed the ransom demand during an interview on Saturday. He assured the public that Governor Radda is deeply concerned about the situation and is taking all necessary steps to secure the victims’ safe release.
Rising Insecurity in Katsina
This incident highlights the ongoing security challenges in Katsina and other northern states, where kidnappings for ransom have become a frequent occurrence. The abduction of a national competition winner has sparked widespread concern, with many calling on authorities to intensify efforts to combat banditry and protect citizens.
As negotiations continue, residents and well-wishers remain hopeful for the safe return of Rabi’u and his family
By Kayode Sanni-Arewa
What is the Black Market (Parallel Market) Exchange Rate for Dollar to Naira?
Check out the black market exchange rate for the U.S. dollar to the Nigerian naira as of March 15, 2025. Below are the latest rates for currency exchange in the parallel market.
How Much is a Dollar to Naira Today in the Black Market?
As of Saturday,
March 15, 2025, the exchange rate at the Lagos Parallel Market (Black Market) sees traders buying a dollar for
₦1590 and selling at
₦1610, according to sources at the Bureau De Change (BDC).
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market and advises individuals looking to trade foreign exchange (Forex) to use their respective banks.
Dollar to Naira Black Market Rate Today
USD to NGN Black Market Exchange Rate Today
Buying Rate ₦1590
Selling Rate ₦1610
Dollar to Naira CBN Official Rate Today
USD to NGN CBN Exchange Rate Today
Highest Rate ₦1548
Lowest Rate ₦1480
Please note that exchange rates may vary based on location, trader, and transaction type, so the rates at which you buy or sell forex may differ slightly from what is stated here.
Ekiti State PDP concludes ward congress
Banditry! Abductors Of Katsina Qur’anic Recitation Winner Wants N30m Ransom
SEE Today’s Parallel Market Dollar To Naira Exchange Rate (March 16, 2025)
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