- Marketers are selling the price of Bua cement above N5,000 even after the company said it is slashing the price.
- They say the price of the cement would not be sold for N3,500 even if Bua slashes its ex-factory price
- They said manufacturers must further bring down the ex-factory price to reflect a significant change
The ex-factory price of BUA cement was recently reduced by 30% to N3,500, but the cement has continued to be sold for N5,000 and above in several regions of the country.
In an earlier report, the company said the changes were to be reflected starting Monday, October 2, 2023.
