Nigeria cement prices climb 3% in a week as diesel costs bite

Cement prices across Nigeria rose to an average of ₦9,500 per 50kg bag this week, a roughly 3.2% increase over the previous week, according to Opaindex dealer surveys in Lagos, Abuja and Kano.

Merchants attribute the move to higher diesel (AGO) costs — which feed directly into haulage — and continued foreign-exchange pressure on imported production inputs.

What this means for builders

At current levels, a typical 200-bag delivery costs roughly ₦1.9m before transport. Builders planning Q3 projects should budget for continued volatility tied to fuel and FX.

Opaindex tracks cement pricing daily across major Nigerian markets.