Everything in Nigeria seems to be at an all-time high, with the current Inflation rate said to be at 17.38% according to the National Bureau of Statistics (NBS). The price of foodstuffs and beverages seems to increase daily with the most recent astronomical increment being that of beans. As much as things are now very expensive in Nigeria, we would like to delve into the construction industry and see how they have been faring given the current increment in the prices of building materials in Nigeria.
However, in this article, our major interest is on the current price of cement in Nigeria especially that of renowned Africa’s richest man, Aliko Dangote. Dangote’s riches were built largely via his company, Dangote Cement, however, he began his commercial empire by selling commodities like sugar, salt, and flour.
About Dangote Cement
Dangote Cement is one of the most popular brands of cement and it is equally highly sorted after. But because of the rapid changes in cement prices in Nigeria these days, concerned Engineers, Builders, Quantity Surveyors, and Developers have no choice but to follow the trend of cost variations to maintain tenders and quotations current. This is because the majority of houses built in Nigeria employ a large number of cement bags from the substructure to the superstructure, which contributes a substantial quota to the cost of construction projects today.
The most common cement manufactured by top cement manufacturing firms in Nigeria is the Dangote Cement, it is primarily used as a construction adhesive or binding ingredient in conjunction with fine and coarse aggregates in a specified mix ratio to minimize cost in Mortar used for moulding, laying of blocks, plastering of walls, etc. or in Concrete for casting of beams, slabs, columns, embankments and pavements etc.
Dangote Cement Plc is a global corporation that is a prominent indigenous cement manufacturer in Sub-Saharan Africa, pushing cement sales in up to ten nations in the area, with its chairman being a businessman and billionaire, Aliko Dangote. Obajana Cement Plc (Dangote Cement Plc) was formed in 1992 and rebranded in 2010. With an annual production capacity of 48.6 million tonnes and three cement facilities in Nigeria, Senegal, and Tanzania, the firm is now the largest cement manufacturer in Sub-Saharan Africa. Senegal, South Africa, Tanzania, Ethiopia, Gabon, Congo, Nigeria, and Ivory Coast were among the African nations where the product was distributed.
Dangote Cement has been marketed as the best cement in Nigeria, and as such, it has been extensively disseminated as the builders’ choice throughout the country. It is also currently the most expensive cement in Nigeria, with a footprint in every construction dealer’s warehouse.
How Much Does Dangote Cement Cost for January, 2024?
Getting the best deal on cement is one of the most important aspects in lowering the entire cost of a construction project. The price of cement in Nigeria as at today fluctuates owing to a variety of variables. These factors, which include: high manufacturing machine maintenance costs, high product distribution costs, erratic power supply necessitating expensive alternative power sources, and ever-changing government policies, put manufacturers in a difficult position when it comes to pricing their products. The pricing of Dangote cement in Nigeria is heavily influenced by the distributor and, to another extent, his location.
- Dangote Cement price as at today January 2024 is between 3,800 and 3,900 Naira each bag (50kg)
- Whole sale price for 600 bags and above = 2,250 to 2,400 Naira
- It is also safe to say that there are some areas like Lagos, Abuja, Port Harcourt and other high-profile places that sell Dangote Cement higher than 3,900 naira.
We can conclude with this, that on average the price of Dangote Cement goes between N3,500 to N4,000. So, with this, anybody planning to begin construction on his building or site can easily budget a particular sum for the purchase of Dangote Cement, assuming that’s his/her preferred choice as well as how much it would cost to mould blocks and finish the whole building or project.
How To Become Dangote Cement Distributor?
If you have been following this article from the beginning, up till this stage then you fall under either one of these categories;
1) You are either looking forward to starting a project and you want to find out how much it would cost you to purchase a bag of Cement or trucks of cement or
2) You are looking at becoming a distributor for Dangote Cement in any part of Nigeria.
If you are looking forward to taking part in the latter, then you have come to the right place. We would also be providing additional information as to her one can go about becoming a distributor for Dangote Cement and the benefits accrued to that particular business.
First, you have to know that the distributorship package of a distributor for Dangote Cement is very lucrative when compared to what is being offered by the opposition. Dangote Cement is widely trusted by a majority of Nigerians, It is also known to be of very top quality as it sets very fast and blocks moulded with Dangote Cement are known to be very strong when compared to others. Lastly, Dangote Cement can be found in almost any part of the country you find yourself in.
Dangote Cement Distributorship Requirements;
Just like in any other business, you will be required to have the following:
- 48 hours registration period guaranteed
- No Application/Registration deposit required
- Purchase is on a cash and carry basis
- Strong capital base of (between 2.3 million and 2.5 million naira) to purchase a truckload (600 bags) of Dangote Cement.
- Your CAC certificate as issued to you by the Corporate Affairs Commission.
- Your passport photograph.
- A reference letter from your bank.
- A letter detailing your intent to become a distributor and lastly;
- A store or space where you can store-up and display the bags of Cement.
Are you interested? Click Here to fill and submit the distributorship form. All completed forms/applications can also be sent by email to [email protected] or
The National Sales Director,
Dangote Cement Plc,
Second Floor, Union Marble House,
1 Alfred Rewane Road, Falomo,
Ikoyi, Lagos.
In Conclusion, this article is meant to provide you with the most recent information regarding the price of Dangote Cement and as well, to help one make decisions ahead, as to whether to buy or not. At the end of this article, one may even decide to delve into the business of Dangote Cement distributorship as the requirements are not too far-fetched and the difference between the retail price (distributorship price) and retail price is mouthwatering.
