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Now Reading: BUA Cement to bring down cement price from N5,500 to M3,500 per bag


BUA Cement to bring down cement price from N5,500 to M3,500 per bag

September 16, 20231 min read

President Bola Tinubu, Alhaji Abdulsamad Rabiu, BUA Group ,ASR Africa

BUA Cement Plc has announced plans to reduce the price of cement in Nigeria from the present N5,500 to between N3,000 to N3,500.

This was made known by the Chairman of the company, Abdul Samad Rabiu, after a meeting with President Bola Tinubu at the State House, Abuja on Friday, September 15, 2023.

Rabiu revealed the cement company is adding 2 new plants at the end of the year to be commissioned by President Bola Tinubu, bringing BUA Cement’s total capacity to 17 million metric tons.

Speaking on the visit, he said this is part of its own contribution to support the efforts of the Federal Government to bring down the prices of key commodities in the country, adding that this will enable the company to bring down the price of cement to about N3,500 per bag.

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Precious Etim

My name is Precious Etim. I believe that everything happens for a reason. People change so that you can learn to let go, things go wrong so that you appreciate them when they’re right, you believe lies so you eventually learn to trust no one but yourself, and sometimes good things fall apart so better.


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