Home Business & EconomyWe’ll keep our promise of N3,500 per bag of cement — BUA

We’ll keep our promise of N3,500 per bag of cement — BUA

by Edidiong Nseabasi
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Alhaji Abdul-Samad Rabiu, Chairman of the BUA Group, said that the company would maintain its promise of selling cement at the price of N3,500 from January 2024.

He said this while speaking with State House correspon­dents after a visit to President Bola Tinubu on Thursday in Lagos.

He said the company would also make the product accessible and affordable to customers in spite of various challenges.

“You know the price that we have set will be N3,500 per bag. You know ex-factory of course plus VAT and then delivered to customers depending on the region.

“As you know, the factories that we have; one is in Edo, the other one is in Sokoto State. So for example, if you want us to deliver cement to you from Soko­to say to Lagos from Adamawa or to Maiduguri, the distance is quite far.

“So dependent on the dis­tance and dependent on the location. You know the price changes, but we intend to keep that promise,” he said.

Rabiu added that the cement company site in Sokoto that would be inaugurated by Janu­ary 2024 is expected to further expand the market across the country.

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