BUA Cement Plc has announced a reduction in the ex-factory price of its cement to N3,500 per bag.
The reduction takes effect from today.
The company said its action was in line with the previous commitment it made to reduce cement prices upon the completion of its new production lines at the end of the year to spur development in the building materials and infrastructure sectors.
According to the company, following a periodic review of operations for efficiency, the management of the group decided to bring the price reduction forward.
“As a result, BUA Cement would now be sold at an ex-factory price of N3,500 per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.
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