BUA Cement Lowers Cement Price to N3,500 Per Bag
In a recent update, BUA Cement PLC has announced a reduction in the price of its cement product to N3,500 per bag, effective from Monday, October 2, 2023.
This move aligns with the company’s commitment to support growth in the building materials and infrastructure sectors.
The announcement of the price reduction was made through a statement posted on their social media platform.
This decision follows a meeting between the company’s chairman, Abdul Samad Rabiu, and President Bola Tinubu, where they discussed reviewing the product’s price.
The statement highlighted the company’s dedication to fostering development in the building materials and infrastructure sectors.
BUA Cement PLC plans to make further price adjustments in the first quarter of 2024, in line with their earlier commitments, once their new production plants are operational and production volumes increase to 17 million metric tonnes per annum.