30/05/2026
Price of a 50kg Bag of Cement in Nigeria (2019–2026)
Pre-2020: ₦2,500 – ₦3,000
2021: ₦3,300 – ₦3,500
2022: ₦5,500 – ₦8,000
February 2024: ₦10,000 – ₦14,000
Jan. 2025: ₦10,000 – ₦10,500
January 2026: ₦10,000 – ₦10,500
March 2026: ₦11,500 – ₦15,000
In just 7 years, the price of a 50kg bag of cement has increased by up to 367%.
Yet, many people are acting like everything is normal.