Abdul-Samad Rabiu, the Chairman of the BUA Group, confirmed yesterday that the company plans to uphold its commitment to selling cement at the rate of N3,500 starting from January 2024.
He made this statement during discussions with State House Correspondents following a visit to President Bola Tinubu in Lagos. Additionally, he assured that despite numerous challenges, the company aims to ensure accessibility and affordability of the product for its customers.
“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 factory 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.
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