BUA Group boss has paid President Bola Tinubu a pleasant surprise to celebrate Christmas with him.
At the pleasant visit, Nigerians got a share of the Christmas goodies, as he assured Nigerians that he would not change the price of cement come January 2024.
Also, he promised that the product would be accessible and affordable.
At the meeting, the Chairman of BUA Group, Abdul-Samad Rabiu, has maintained that he had no plans to increase the price of cement.
Rabiu plans to keep his promise of selling cement at the price of ₦3,500 from January 2024.
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The BUA Group Chief told journalists after he visited President Bola Tinubu on Thursday in Lagos that “despite the various challenges facing the company, the product would be made accessible and affordable to customers”.
“You know the price that we have set will be ₦3,500 per bag.
“You know x factory of course plus VAT and then delivered to customers depending on the region.
“As you know, the factory that we have; is in Edo, and the other one is in Sokoto state.
“So, for example, delivering cement from Sokoto to Lagos, Adamawa, or Maiduguri, is not the same.
“So dependent on the distance and the location. You know the price changes, but we intend to keep that promise”.
Six Million Tonnes
Rabiu added that the cement company site in Sokoto that would be inaugurated by January 2024 is expected to further expand the market across Nigeria.
“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.”
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Furthermore, Rabiu said his visit to the President was to felicitate with him on the Christmas and New Year festivities, adding that it was a pleasant one.
