President Tinubu Orders Dangote, BUA, Others To Revert To Old Prices Of Cement President Bola Ahmed Tinubu has instructed cement companies in Nigeria to return to previous prices following the increase in the cost of the commodity. Nigeria’s Minister of Works, David Umahi, disclosed the President’s verdict yesterday during his visit to the BUA cement factory in Sokoto State.“Mr President insisted that they should go back to the status quo as far as this cement price is concerned for the common man.“I want to encourage them to abide by the…
Tag: BUA
Dangote, BUA, Lafarge Agree To Slash Cement Prices, Give Conditions
Dangote, BUA, Lafarge Agree To Slash Cement Prices, Give Conditions Cement manufacturers have reached an agreement to reduce the price of the product from N10,000 to a range between N7,000 and N8,000 per 50kg, subject to certain conditions set by the Federal Government. This decision was made during a meeting chaired by the Minister of Works, Engr David Umahi. Umahi had called for a meeting with cement manufacturers in Abuja due to the skyrocketing prices, reaching as high as N15,000 in certain areas. Following the meeting, which was also attended…