Cement price shoots up 67% as importers' certificates expire

• Nigeria's current cement demand is put at about 17 million metric tonnes per year and total local production for 2010 was 14 million metric tonnes, which leaves a short fall of 3 million metric tonnes, which is augmented by import
• Dangote Cement currently produces 8 million metric tonnes per year and is increasing capacity to 20 million metric tonnes by 2012
• Lafarge Cement WAPCO Nigeria Plc, expects to increase production from 2 million metric tonnes to 4.2 million metric tonnes by 2012
• Ashaka Cement Plc, whic currently produces 1 million metric tonnes
• Unicem - 2.5 million metric tonnes
• Sokoto Cement - 500,000 metric tonnes
• Purecem - 100,000 metric tonnes
• By 2012, the capacity would have moved by 100%, from 14.1 million metric tonnes in 2010 to 28.3 million metric tonnes by 2012
• Source: Ministry of Industry and Commerce