BUA Cement has announced in statement signed by it’s management, a price reduction for its cement products to 3500 Naira effective from October 2nd, 2023 and that upon the completion of its new cement factory, the company will further review it’s price to meet the price reduction target by first quarter of 2024.
It also noted that all pending undelivered orders which had been paid for at the old prices would be reviewed downwards to 3500 per bag in line with the new pricing by October 2nd, 2023.
The statement further went to enjoin all licenced dealers to ensure all end users benefit from this reduction in after factory prices as compliance would be monitored.