Dangote cement is currently one of the most popular cement brands in Nigeria. This sort of cement is preferred by builders and contractors since it is robust and dries faster than others on the market.
We recognize that the price of cement in Nigeria changes frequently, and determining the current price might be difficult. That is why we have decided to include current Dangote cement pricing on this website. And we will do our best to keep the post up to date when market values change.
Dangote Cement Price Today
Currently, a bag of Dangote cement in Nigeria now is ₦3,900 – ₦4,500 per bag (50kg), and ₦3,700 – ₦4,300 per wholesale package (600 bags).
It should be noted, however, that this pricing varies by location within the country. In most parts of the country, the retail price is slightly more than the regular market price, with the difference reaching up to N400 per bag in locations like Lagos and Abuja.
Why is the price of Dangote cement so volatile?
The unexpected and demanding operational conditions and environments are not unrelated to the regular changes in Dangote cement prices in Nigeria. Gas supply disruptions, as well as the high cost of Automotive Gas Oil (diesel), on which most cement companies rely for energy, haven’t helped matters.
Aside from this, other issues such as rising electricity bills, a lack of foreign cash, and ever-changing government regulations all contribute to the rise in cement production costs in Nigeria.
Furthermore, as a result of the poor economy, customers are finding it more difficult to purchase cement at present rates, resulting in lower sales and profits for manufacturers, who can only hedge against these concerns by raising prices.
It’s unfortunate that the price of cement in Nigeria continues to rise despite the fact that the commodity is mass-produced in the country and there is a ban on the importation of foreign-made cement.
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Why is Dangote Cement so popular in Nigeria?
Despite the fact that there are more than ten different cement brands in the Nigerian market, Dangote Cement is commonly liked, despite the fact that some of these other brands are even cheaper. No, the reason isn’t just because the corporation is controlled by Nigeria’s and Africa’s richest man. Let us now look at some of the causes.
Dangote items are well-known.
When you see the term “Dangote” stamped on a product, you can be confident that you’re dealing with a product you won’t regret purchasing. That is the ordinary Nigerian’s attitude toward Dangote products, including cement. From sugar and spaghetti to bread and cement, Dangote products are well-known not only in Nigeria but throughout Africa.
Dangote Cement may be found practically anywhere.
The truth is that you can only buy anything that is easily accessible. In contrast to other competitors, Dangote Cement can be found in practically every section of Nigeria, whereas most others rely solely on regional distribution. If you ask any cement shop about Dangote Cement, chances are they have it in stock.
Dangote Cement is of the highest grade.
The majority of building and construction specialists in the country feel that Dangote Cement is of higher quality than most of its competitors. And for individuals who need to get a lot done quickly, Dangote Kwikset Cement is an excellent choice because it sets quickly. Naturally, no one would choose a faster solution over a slower one.
Dangote Cement Distributor Packages: How to Begin
If you’re reading this, you fall into one of two categories. You want to start building a house or another type of structure and want to know what the current market price of Dangote Cement is. Or perhaps you wish to create a Dangote Cement distributorship.
If the former applies to you, this part isn’t really for you because all of the material you need has already been covered. However, if the latter (distributorship intent) is your case, you’ve come to the perfect place.
To begin, be aware that Dangote Cement offers a highly generous and lucrative distributorship package in comparison to its competitors. So, if you have the funds and a solid storage structure, such as a warehouse, you’re good to go.
To become a Dangote Cement distributor, you must meet the following requirements:
- Capital to purchase a truckload of Dangote Cement (600 bags).
- Your CAC-issued company registration certificate (Corporate Affairs Commission)
- A letter of recommendation from your bank (scanned copy)
- Passport Photographs
- A written application outlining your desire to become a Dangote Cement dealer.
All of the above-mentioned documents must be scanned. Once you have the scanned copies, you can download the Dangote distributor application form. Then, via their website, transmit scanned copies of the required documents to their email address.
If you prefer not to use email, you can submit your application form and printed copies of the essential documents to the following address:
Your application will be reviewed, and you will be contacted within a few business days.
NOTE: If you wish to buy Dangote Cement in quantity and obtain a good deal, you can send a special order request to the email or mailing address listed above or contact us.
About Dangote Cement Plc
Dangote Cement Plc is without a doubt the most powerful player in the Nigerian cement production industry. The company, which has its headquarters in Lagos, is a subsidiary of Dangote Industries Limited, which is owned by Alhaji Aliko Dangote, Nigeria’s and Africa’s richest man. The company, formerly known as Obajana Cement Plc, prepares, imports, packages, and distributes cement and related products throughout Nigeria and Africa.
The company currently operates cement mills in Obajana, Kogi state (the largest cement factory in Sub-Saharan Africa), Ibese, Ogun state (opened in 2012), and Gboko, Benue state. The Obajana factory has a capacity of 10.25mmtpa (million metric tonnes per annum), the Ibese plant has a capacity of 6mmtpa, and the Gboko plant has a capacity of 4mmtpa.
In total, the company produces around 20.25mmtpa of cement. Outside of Nigeria, the corporation has production units in Senegal and Tanzania, and it plans to expand into Cameroon, Kenya, Zambia, South Africa, and Congo.
Dangote Cement Plc is a company that trades on the Nigeria Stock Exchange (NSE). In 2014, four years after becoming public, the company was reported to account for a whopping 20% of the NSE’s overall market value. The corporation is a major component of the Dangote Group.
Dangote Cement alone reaped 93% of the total profit made in the Nigerian cement industry during the time under review in Q3 2017. The company has grown by leaps and bounds and is on a quest to become the leading cement manufacturer not just in Nigeria, but also in Africa as a whole.