How To Start Cement Business In Nigeria

Buying and Selling cement is one of the most lucrative investment opportunities in building materials business. Starting A Cement business in Nigeria is profitable with the right information. Whether your are interested in becoming a cement distributor or retailer, starting cement business in Nigeria does not have to be an headache. Many people have become millionaires just by reselling bags of cement in major cities like Ibadan, Lagos, Calabar, Enugu, Abuja, 

I will use this post to shed more light on how you can start cement business in Nigeria without much stress.

Start Cement Business In Nigeria
With N1,000 you can get a bag of Dangote cement from the factory but the minimum order is one trailer load. A trailer load contains 600 units of 50kg bags of cement and this will cost you N600,000 at just N1,000 per bag. Assuming you supply all d bags at a retail price of N1,500 you will end up with a profit of N300,000 giving you a take home N250,000 after subtracting cost of transportation. Selling at a wholesale price of N1,300 with earn you N120,000 as returns on your cement investment.

How To Start A Cement Distributor Business

Becoming distributor of cement involves supplying bags of cement in wholesale. You will need to get your cement supply business registered as your supply will be from the factory directly. Business registration should be done after registering a account with your banker and obtaining EFCC clearance against money laundering. Registering your cement business will allow you to put in an application to become a distributor with most cement brands in Nigeria like Dangote, Lafarge, Elephant, Portland, Sokoto etc