After cement, other building materials increase in cost, new prices emerge

  • After stabilizing around N7,500 per 50kg bag, the price of cement went up to N8,500 a few weeks ago, depending on the brand and region
  • From N4,500 at the beginning of the year, findings have shown that the commodity’s price has risen by nearly 100% since January
  • In addition, the price of blocks, iron rods or reinforcement, kitchen doors, and steel doors, among other materials, have increased significantly

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Depending on the brand and area, the price of cement increased to N8,500 a few weeks ago after stabilizing at N7,500 per 50 kg.