Cement price surge worsens Nigeria’s housing crisis

The Punch | 27-08-2026 01:45am |

Building sector operators have warned that the erratic surge in cement prices is worsening Nigeria's housing crisis. The price increase drives up construction costs, property values, and rents. The warning follows the recent surge in the price of a 50kg bag of Dangote Cement to over N15,000 in some locations, despite an ongoing investigation by the Federal Government.

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