Inside Nigeria’s Cement Clash: Dangote vs Ibeto and BUA’s Game-Changer

This overview traces the long-running cement rivalry that shaped prices for decades. It shows how government policies and court battles tipped the scale. Under Obasanjo, Ibeto flooded the market and drove prices down. Dangote sued, leading to a consent decree that allowed Ibeto to import cement and secured compensation for past losses. During Yar’Adua’s presidency, Ibeto again pressed imports and expanded capacity in Enugu and Port Harcourt. Dangote continued to challenge unfair advantage, while the government defended fair competition. Under Buhari, foreign-exchange allocations favoured Dangote and left Ibeto sidelined, with frozen accounts and regulatory pressure. BUA’s recent price cut to ₦3,500 marks a return to more open competition and highlights how policy can make or break industry players.

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