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Cement prices in Nigeria have surged, reaching up to ₦15,000 for a 50kg bag in July 2026Huaxin Cement’s acquisition of Lafarge Africa sparks hopes for increased competition and potential price reductionsHigh diesel costs and inflation continue to pressure construction budgets for builders and homeowners across Nigeria
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Cement prices in Nigeria have continued their upward climb in July 2026, adding fresh pressure on builders, contractors, and millions of Nigerians planning construction projects.
A market survey conducted by Legit.ng shows that the retail price of a 50kg bag of cement now ranges between ₦12,500 and ₦15,000, depending on the brand, location, and distribution costs.
BUA and Dangote Cement reposition as Huaxin acquires Lafarge Africa. Credit: NovatisSource: Facebook
The latest increase comes at a time when Nigeria’s cement industry is undergoing a major transformation following Huaxin Cement’s acquisition
