Nigerian consumers are facing new economic pressures. Since January 2026, the price of Dangote Cement, Mangal and other major brands of cement has risen sharply, with the price of 50 kg bagged cement rising from about 9800 naira in December 2025 to 10500 naira, an increase of 7.1%. This price adjustment has been implemented in the States of Abuja, Nasarawa, Niger and other parts of the country.
Nigeria has abundant limestone resources, such as Obajana in Kogi State and Okpera in Edo State, but cement prices continue to rise. Aliyu Oroji Wamako, former president of the Real Estate Developers Association of Nigeria, expressed strong dissatisfaction, pointing out that the rise in cement prices would seriously threaten real estate development, housing costs and employment. Rising construction costs will inevitably push up apartment rents, and many businesses in the construction value chain may be forced to close because they can't afford it, leading to increased unemployment. When the price of cement rose to 10,000 naira per bag last year, leading producers such as Dangote and BUA were interviewed by the presidential palace and promised to reduce the price to around 7,000 naira,
Mr Wamako recalled. However, at present, the government has kept silent about this round of price increases, and the price control committee has not played a role. He analyzed the reasons for the price increase, including the surge in demand brought about by large-scale road construction projects, currency exchange rate fluctuations and dependence on imported chemical raw materials and equipment. He called for a comprehensive review of the cement production and pricing system to identify the root causes of the problem and develop long-term solutions.
浙公网安备33010802003254号