Abdul-Samad Rabiu, the Chairman of BUA Group, has reiterated the company’s commitment to keeping its promise of selling cement at N3,500 per bag from January 2024.
He made this statement during a recent visit to President Bola Tinubu in Lagos, speaking with State House Correspondents.
Rabiu emphasized BUA’s dedication to making cement accessible and affordable to Nigerian customers despite facing various challenges. This move aligns with the company’s mission to support development in the building materials and infrastructure sectors.
“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.
