By Ijeoma Wilfred
The BUA Group says that it will maintain the N3500 price of cement per bag despite the numerous challenges associated with delivery
Chairman of the BUA Group, Abdul-Samad Rabiu, who made this known to newsmen on Thursday after meeting with President Bola Tinubu reteirated the company’s commitment to selling cement at the rate of N3,500 starting from January 2024.
Rabiu assured that the company would ensure accessibility and affordability of the product for customers, even in the face of numerous challenges such as distance in delivery.
“You know the price that we have set will be N3,500 per bag. You know, 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.
The BUA Chief added that the cement company site in Sokoto, which will be inaugurated by January 2024, is expected to expand the market further across the country.
“And as we all know, the volumes that we will be having will be about six million tonnes per annum combined. And we expect those volumes to have an impact.
“Though we’re having some issues here and there, these are issues that I believe we can address, and we are addressing them,” he added.
