Bua Group Throws Its Weight Behind Cement Price Reduction, Commends Dangote 

Chairman of BUA Group, Alhaji Abdulsamad Rabiu, has thrown his weight behind Dangote Cement Plc’s reduction in the cost of cement from about N1,700 to N1,000 a bag, representing a 40 per cent price cut, which was announced at the weekend.
According to Rabiu, he has always advocated a reduction in the cost of cement so that more Nigerians can have access to the product and realize their dream of their own owning houses. He further revealed that he had an extensive telephone conversation with Dangote on the issue and encouraged him on the initiative. BUA Group acquired Edo Cement Company Limited three years ago and has spent over $500 million in putting up an ultra-modern three million mtpa production line.

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