17/04/2026
The Real Cost of a Bag of Cement? 🏗️🇳🇬
​Is it true that the government takes more than half the price of every bag? The answer is largely YES.
​According to Aliko Dangote, the government acts as a "silent partner" in the industry. Here is the breakdown:
Dangote stated that for every N1 generated, 52 kobo goes directly to the Federal Government through taxes (VAT, Corporate Tax, Education Tax, etc.).
​The Math: On a bag of cement costing N12,000, that’s roughly N6,240 going to the government’s coffers.
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This heavy tax burden is one of the biggest reasons why cement prices remain high locally compared to exported prices.
​When you buy a bag of cement, you aren't just paying for the powder—you're paying for the "partnership" with the state.
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