Cement

By Sabiu Abdullahi

The cost of cement in Abuja, the Federal Capital Territory, has seen a significant spike, with prices now ranging between N10,000 and N15,000 for a 50-kg bag.

A survey, conducted in various areas, including Gwarimpa, Area 10, Kubwa, Lugbe, and Dawaki, revealed that Dangote cement is priced at N10,000 per bag, while BUA cement is selling for N15,000.

Yinka Adebayo, a retailer in Gwarimpa, expressed dismay over the rapid increase in prices, highlighting that just last month, he sold a bag of cement for N6,000.

“We sell Dangote cement for N10,000 per bag, and the BUA is N15,000. Unfortunately, it may surprise you that I sold the same bag of cement for N5,500 to N6000 last month,” he stated.

Similarly, Rukiyat Abdullahi, a retailer in Kubwa, echoed similar sentiments, stating that Dangote cement is now priced at N10,200, while BUA costs N16,000 per bag.

Retailers in Lugbe confirmed the escalating prices, with Dangote and BUA cement being sold at N10,000 and N15,000, respectively.

The surge in cement prices in Abuja mirrors the trend observed in other parts of the country, reflecting challenges such as scarcity and increased production costs.

By Sabiu Abdullahi 

BUA Cement Plc has taken a bold step to reduce cement prices, effective October 2, 2023, ahead of their initial schedule. 

The company, in its commitment to boost the building materials and infrastructure sectors, has lowered the ex-factory price to 3,500 Naira per bag. 

This move is expected to allow Nigerians to enjoy the benefits of reduced prices earlier than anticipated. 

The company said in a statement Sunday that all pending and paid orders will be adjusted to the new rate. 

BUA Cement emphasises its dedication to ensuring end-users benefit from this reduction, with vigilant monitoring of field sales for compliance. 

This proactive initiative by BUA Cement Plc demonstrates their commitment to supporting development initiatives in Nigeria and making essential building materials more accessible to the public.