- Dangote Cement, BUA Cement, Lafarge Africa, and other major cement producers recently agreed on a new price for a bag of cement
- This follows negotiations with the Federal Government and threats to reopen borders for cement importation
- However, checks show that the agreement is yet to be reflected, as retailers have decided to increase the price of their cement inventories instead
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Retailers of major cement producers in the country continue to sell cement at high prices despite a recent agreement between manufacturers and the Federal Government of Nigeria.
