Tinubu Directs Dangote, Bua, Others to Revert to Old Price of Cement – Umahi

In recent reports, President Bola Ahmed Tinubu has directed cement companies to go back to the status quo as regards the price of the commodity. Minister of Works, Senator David Umahi, revealed this to newsmen shortly after inspecting the BUA cement factory in Sokoto on Thursday. The Minister was responding to the Executive Director of BUA Group, Alhaji Kabiru, who said they were selling bags of cement at the rate of N6000 as part of their commitment to Mr President that a bag of cement should not be sold more than 7000 everywhere in Nigeria. “On the issue of pricing, I can authoritatively say that they can still do better in line with their discussion with Mr. President. Mr. President insisted that they should go back to the status quo as far as this cement price is concerned for the common man. I want to encourage them to abide by the directive of Mr President so that we can achieve massive housing programme and the renewed hope agenda of concrete roads by the President,” he said.