• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, May 9, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

BUA slashes cement price to N3,500 per bag

BUA

The Matters Press by The Matters Press
October 2, 2023
Reading Time: 1 min read
0
BUA petrochemical project will add value to economy

Lagos, Oct. 2, 2023: BUA Cement Plc has reviewed down the price of the company’s cement to N3,500, effective from Oct. 2.

RELATED POSTS

Profit surge among Nigeria’s loss-making companies indication of economic recovery – IMPI

Nigeria will do better than IMF’s 3% growth forecast for 2025, Think Tank predicts

AfDB President, Adesina wrong on Nigeria’s GDP at Independence – IMPI

The company’s management made the disclosure via a statement on Sunday in Lagos.

It said the reduction in cement price was to spur development in the building materials and infrastructure sectors.

According to the statement, the gesture is to allow Nigerians to enjoy the benefits of the price reduction before the completion of its plants.

“As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward.

“As a result, BUA Cement would now be sold at an ex-factory price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.

“Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.

“All pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023.

“Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance,” the company said.

Tags: BUACement
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nissan recalls 1,150,000 vehicles in 3 months
Economy/Technology

Profit surge among Nigeria’s loss-making companies indication of economic recovery – IMPI

May 8, 2025
Economists Challenge IMF on call for further VAT increase in Nigeria
Economy/Technology

Nigeria will do better than IMF’s 3% growth forecast for 2025, Think Tank predicts

May 6, 2025
Egypt’s economic strides excite AfDB
Economy/Technology

AfDB President, Adesina wrong on Nigeria’s GDP at Independence – IMPI

May 5, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Nigeria’s scrapping of foreign education Scholarship will curb waste

May 3, 2025
Nigeria marks Workers’ Day as labour, government seek support for workers’ welfare
Economy/Technology

TMSG hails FG for keeping faith with wage award deal with Labour, urges states to follow suit

April 30, 2025
Swiss Bank expects profit of $50bn
Economy/Technology

Nigeria’s $15.2bn Net forex Inflow for Q1 2025, another success story of reforms

April 30, 2025
Next Post
NLC to introduce detention allowance for members

NLC, TUC to consider FG offer – Minister

Tinubu inaugurates economic council

Tinubu approves N35,000 wage award for FG workers

Recommended Stories

Experts seek implementation of economic development plans

FG inaugurates committee for 29th Economic Summit

August 1, 2023
Cash, petrol scarcity create food crisis in Nigeria

Cost of living crisis: Group tackles state governors on poor utilisation of Tinubu initiatives, palliatives

August 9, 2024
Onyema, Air Peace CEO faults  U.S

Air Peace begins flight operations to China

July 13, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Profit surge among Nigeria’s loss-making companies indication of economic recovery – IMPI
  • Nigeria will do better than IMF’s 3% growth forecast for 2025, Think Tank predicts
  • AfDB President, Adesina wrong on Nigeria’s GDP at Independence – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us