Cement manufacturers agree to slash prices after Nigerian govt’s intervention

Cement manufacturers in Nigeria have agreed to bring down the price of the product following the Federal Government’s intervention

The federal government at the weekend met with the management of Dangote Cement, BUA Cement, and Lafarge over the escalating price of the product in recent times.

Checks by Ripples Nigeria revealed that the price of the product had increased to as high as N15,000 per bag from the initial N5,500 and this development had caused anxiety amongst developers and builders in the country.