Stakeholders bemoan 53% cement price increase amid Tinubu govt’s reforms

Nigerians are lamenting the rise in the price of cement across the country despite the commitment by Dangote cement and other manufacturers to reduce the price of the commodity.

This comes as SOCIETY WATCH gathered that the price of various brands of cement in Nigeria has remained high, between N12,000 and N9,500, across various locations.

Recall that in March 2025, cement price reduced to as low as N7,800 per 50-kilogramme bag from as high as N15,000 on February 16, 2024.

In a more recent development in May 2025, the cement manufacturers in Nigeria, such as BUA and Dangote Cement, had vowed to slash the product to support President Bola Ahmed Tinubu’s renewed hope housing initiative.

However, the price of cement has remained high, affecting Nigeria’s building sector.

SOCIETY WATCH reports that cement prices, whether for Dangote, BUA, or Lafarge, have increased between 28 percent and 53 percent in Abuja and other locations in Nigeria.

A situation that has worsened the cost of house rent and properties across the country.

Reacting, Benjamin Udoka, a stakeholder, lamented why the likes of Dangote have not replicated the reduction in petrol price in the cement industry.

“It is painful that Dangote did not replicate his supposed fuel reduction strategy in the cement sector.

In some parts of Abuja, a 50 kg bag of cement goes for as much as N11,000. It is pathetic.

“The federal government needs to do something about price control in the cement industry; Nigerians can no longer bear the exorbitant house rents”,” he stated.

Maryam Abubakar, a resident of Dawaki, also re-echoed Udoka’s position.