Tag: Lafarge

JUST IN: Despite N7,000 Agreement With Manufacturers, Cement Sells For N11,000 In Lagos

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JUST IN: Despite N7,000 Agreement With Manufacturers, Cement Sells For N11,000 In Lagos Findings have revealed that despite the agreed price of N7,000 for cement with manufacturers, it is still being sold at a higher rate ranging from N10,000 to N11,000 in the Idimu area of Lagos state. According to The Nation, a retailer known as Alhaja dismissed the reports of the N7,000 price, labeling it as false information. She explained that during negotiations with the Federal Government, Dangote shut down all payment portals. When they were eventually reopened, the…

Dangote, BUA, Lafarge Agree To Slash Cement Prices, Give Conditions

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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…