We'll maintain N3500 cement price beginning from January~ Alhaji Rabiu.
The chairman of the BUA Group, Alhaji Abdul-Samad Rabiu, has declared that the company will stick to its pledge to sell cement at N3,500 starting from January 2024.
He made this statement on Thursday, December 28, in Lagos while speaking with State House Correspondents following his meeting with President Bola Tinubu.
He promised that the business will also make the product available at a reasonably affordable price for consumers.
“You know the price that we have set will be N3,500 per bag. You know the tax of the factory of course plus VAT, and then the cost of delivery to customers depending on the region.
“As you know the number of 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, the price may differ. Also, from Edo to Adamawa or to Maiduguri, the distance is quite far.
“So it is dependent on the distance and also on the location. You know the price changes but we intend to keep that promise,” he said.
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