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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.