Sierra Leone Government Announces New Agreed Cement Prices
Sorie Abubakar The government of Sierra Leone, through the Ministry of Trade and Industry, has announced a new pricing formula for cement, aimed at stabilizing the market and addressing public concerns over recent price hikes.
The decision follows extensive consultations with major cement importers and manufacturers on Thursday, March 27th, 2025.
The Ministry acknowledged the global surge in cement prices, attributing it to significant reconstruction efforts in the Middle East, Turkey, and Eastern Europe. This global trend, coupled with local market dynamics, led to a sharp increase in cement prices within Sierra Leone, sparking widespread public dissatisfaction.
In response, the government, with support from the Office of the Chief Minister and other relevant agencies, convened a meeting with key industry players to negotiate and establish a transparent pricing mechanism. The result is a fixed pricing formula, similar to those already in place for rice and petroleum products.
The newly agreed-upon prices for the Western Area are as follows:
Imported Cement:
Wholesale Price: Le 150.00
Retail Price: Le 170.00
Locally Produced Cement (32.5R):
Wholesale Price: Le 135.00
Retail Price: Le 155.00
The Ministry has stated that prices for cement in the provinces will be announced shortly, pending negotiations with transportation bodies, coordinated by the Ministry of Transport and Aviation, to determine fair transportation costs.
A key aspect of this intervention is the commitment to periodic reviews of the pricing formula, ensuring that it remains relevant and fair to both consumers and industry stakeholders. The government has reassured the public of its dedication to maintaining a consistent supply of cement at affordable and predictable prices.
All the same. No reductions.
Mak God elp wi na this country
Lungi right now cement na 200per bag
Dem go cam back n tell you say na d best n cheapest reduction this ever in the history of this country wait small ya one official go cam na radio station very soon if Dem nor talk so nor ever respect me Dem get masters n PhD for lie in confidence
Exactly dear
Nle 280 for a bag of cement in my community
So how much is it now?
NLe 155.00 per bag
This bio govt is not serious at all twww
O salone this nation is experiencing one of the worst economy and highest inflation ever in the history of our beloved country so sad image a bag of cement which use to 35 to 40 thousands leones is now above 150 depending on you location 🙏😭😭😭 I honestly don’t think we need any politicians as it’s stand now we only need the almighty Allah
Oh Allah free our country from this wicked politician’s