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News Nigerian cement sales rise by 30% year-on-year in first nine months of 2021

Nigerian cement sales rise by 30% year-on-year in first nine months of 2021

Written by Global Cement Staff 02 November 2021
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Nigeria: Domestic cement sales totalled US$3.46bn in value in the first nine months of 2021, up by 30% year-on-year from US$2.66bn in the corresponding period of 2020. The Punch newspaper has reported that market research company Atlas Portfolios Limited attributed the growth to an increase in federal and state governments’ infrastructure spending. The company added that increased homebuilding following the end of the Covid-19 lockdown generated further demand growth.

Last modified on 03 November 2021
Published in Global Cement News
Tagged under
  • Nigeria
  • Infrastructure
  • coronavirus
  • market
  • homebuilding
  • lockdown
  • demand
  • Sales
  • GCW530
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