BUA Cement Announces Price Reduction Following Government Meeting!
BUA Cement Announces Price Reduction Following Government Meeting!
Great news for the construction industry! BUA Cement, a major player in Nigeria's cement market, has pledged to reduce prices. This move comes after a meeting between cement manufacturers and the government to address affordability concerns. Continue Reading...
During a visit to BUA's new Kalambiana plant, Group Executive Director Kabir Rabiu announced plans to bring cement prices down from the current range of N9,000 to N15,000 per bag to a new range of N7,000 to N8,000. However, the final price might vary slightly depending on how close you are to a BUA production plant.
The new Kalambiana plant is a game-changer for BUA. It significantly increases their production capacity, allowing them to dispatch an additional 165 trucks of cement daily. This translates to nearly 400 trucks hitting the market every day, which is expected to stabilize prices nationwide.
This is a positive step towards making building materials more accessible for Nigerians. With increased supply and potentially lower prices, the construction industry can expect a boost.
Source:
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This is a good development. it is expected that other cement companies toe this line to relief the pressure on the unending escalation of cement prices in Nigeria.
ReplyDeleteFor this Nigeria oo, I don't know where we're going because of this inflation and fermine goes viral and it have been a while, since we have call obey(national anthem) but obey has call us now. But now i plead to the government to pardon us and do something. Nigeria must not collapse in this time of regime of jagaban(Tinubu).for you're suffered those who are suffering before, but for Christ sake help do something so that we can have great people---great nation.
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