Nigeria’s cement sector is projected to post another strong performance in FY’26, supported by government infrastructure spending, a shift toward concrete road construction, and sustained pricing that has strengthened operator margins over the past two years. Analysts at CardinalStone Research believe these forces will maintain solid industry fundamentals despite continued weakness in private-sector demand. “The government’s infrastructure push is the single biggest catalyst for cement consumption going into 2026,” the Lagos-based analyst
Nigeria’s cement sector is projected to post another strong performance in FY’26, supported by government infrastructure spending, a shift toward concrete road construction, and sustained pricing that has strengthened operator margins over the past two years. Analysts at CardinalStone Research believe these forces will maintain solid industry fundamentals despite continued weakness in private-sector demand. “The government’s infrastructure push is the single biggest catalyst for cement consumption going into 2026,” the Lagos-based analyst