In the first half of 2025, Nigeria's cement industry achieved significant financial growth despite inflation of 22.2%, rising costs due to fluctuations in global energy prices, and declining sales volumes. Thanks to effective cost control and strategic price adjustment, it has achieved good results in an adverse environment. This situation reflects the ability of the industry to meet challenges, and also shows that sound business strategies can play a positive role in a difficult market environment.
In the first half of
2025, Nigeria's cement industry achieved significant financial growth despite inflationary pressures and rising costs, but sales volumes declined. Although the inflation rate reported by the Bureau of Statistics is as high as 22.2% and the fluctuation of global energy prices has become the main driving force for cost increase, the cement industry has achieved remarkable results through effective cost control and strategic price adjustment.