Just another News Updates
A recent agreement between the Federal Government and cement manufacturers to reduce cement prices has been met with strong opposition from developers within the built industry. Dr. Aliyu Wamakko, President of the Real Estate Developers Association of Nigeria, criticized the proposed reduction, emphasizing the detrimental impact it could have on the economy. Despite promises made […]
In response to the escalating cost of cement, the Cement Producers’ Association of Nigeria (CEPAN) pledges support to the Bola Tinubu administration in curbing the price surge within 30 days. CEPAN Chairman, Prince David Iweta, revealed to The Tribune on Monday that the current price surge stems from an imbalance between production and demand. He […]
BUA Cement PLC, has on Sunday reduced its ex-factory cement prices to ₦3,500/bag, noting that it would be effective from tomorrow, 2 October, 2023. The company disclosed this on Sunday evening on its verified Twitter handle, now X. A statement by its Management said: “We refer to our previous pronouncements regarding our intent to reduce […]
By Abba Dukawa THE Chairman of BUA Group, Abdul-Samad Rabiu, says the company is set to reduce the price of cement in Nigeria. He disclosed this on Friday while speaking with State House correspondents after meeting with President Bola Tinubu. Rabiu said to support the efforts of the government to crash the price of the […]