back to top
No menu items!
Thursday, June 13, 2024
26.2 C
Lagos
More
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img
    spot_img

    “N3500 Per Bag” – BUA Reveals Company’s New Cement Price

    Must read

    Alhaji Abdul-Samad Rabiu, Chairman of the BUA Group has revealed when the company will start selling cement at N3,500 per bag.

    Speaking with State House Correspondents after a visit to President Bola Tinubu on Thursday in Lagos, Rabiu revealed the new price will take effect from January 2024.

    READ ALSO: I Doff My Heart To Tinubu, He Has Consigned Buhari’s Eight Years Into The Dustbin Of History – Reno Omokri Says President Is Courageous Like Awolowo
    He said the company would also make the product accessible and affordable to customers despite various challenges.

    “You know the price that we have set will be N3,500 per bag. You know x 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.

    READ ALSO: Akeredolu Died In His Private Home In Ibadan – Governor Aiyedatiwa Counters Claims Ondo Ex-Gov Died In Germany
    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.

    “And as we all know, the volumes that we will be having will be about six million tonnes per annum combined. And we expect those volumes to have an impact.

    “Though we’re having some issues here and there, but these are issues that I believe we can address and we are addressing them.”

    Rabiu said his visit to the President was to felicitate with him on the Christmas and New Year festivities, adding that it was a pleasant one.

    tinubu

    Photo Credit: Getty

    - Advertisement -spot_img

    More articles

    Leave a Reply

    - Advertisement -spot_img

    Latest article