Cement sellers defy BUA’s price slash announcement, sell at old price of N5,500 per 50kg bag

The cement manufacturer, it would be recalled, had in a statement last week, announced that from Tuesday, October 2, 2023, it will slashed the ex-factory price of the commodity by 30 percent, with a bag selling for N3,500 per bag.

However, BH findings showed that the price of BUA branded cement had largely remained the same in the South West, especially in Abeokuta, Osogbo, Ibadan and other states capital.

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