Cement Price Update: March 11, 2024 (Nigeria)
Monday, 11 March 2024
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The price of cement in Nigeria has been a cause for concern recently. Here's an update on the current situation:
In February 2024, government officials met with major cement manufacturers. They agreed to a nationwide price range of N7,000 to N8,000 per 50kg bag.
What this Means for Consumers:
You might see cement prices drop within this N7,000-N8,000 range.
Important Note:
The agreed-upon price range considers factors affecting final costs. The exact price in your area could vary slightly depending on retailers and transportation. CONTINUE READING.....
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Recommendations:
Before purchasing, compare prices at different cement suppliers in your area. This might help you find the best deal within the new range.
The situation is still evolving. Keep an eye on local news or contact cement retailers for the most up-to-date pricing information. CONTINUE READING.....
Overall, there seems to be a move towards stabilizing cement prices in Nigeria. While the exact cost might differ slightly depending on your location, expect them to fall within the N7,000-N8,000 range.
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