In Abuja, Cement price drops by 26%.

cement price

Cement price; In the past five weeks, the cost of a 50 kg cement bag in the Federal Capital Territory decreased by 22% to 26%.

A market survey by HYPEBLOG9JA MEDIA revealed Dangote and BUA cement prices dropped to N7,800 and N11,000 respectively.

Retailer Rukiyat Abdullahi in Kubwa told HYPEBLOG9JA MEDIA that BUA sells at N11,000 per bag, while Dangote is N7800.

“BUA now sells at N11,000, up from N10,000-15,000 weeks ago, while Dangote is priced at N7,800.”

Yinka Adebayo, a retailer at Gwarimpa, noted cement prices decreased compared to a few weeks ago, attesting to the change.

“BUA is N11,000 from 10,000 and 15,000; it was sold a month ago. We sell Dangote cement at N7800 per bag,” he said to HYPEBLOG9JA MEDIA.

“Dr. Muda Yusuf, Director of the Center for the Promotion of Private Enterprise, attributed the price decrease to the improving macroeconomic climate.” Cement price.

“It’s due to improved supply chain and macroeconomic factors, such as Naira appreciation against the US dollar,” he stated.

President Bola Ahmed Tinubu reportedly asked cement producers to return to the previous pricing, according to HYPEBLOG9JA MEDIA.

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