In a move dubbed by marketing pundits and as well the general populace as a welcomed Development,the management of one of Nigeria’s leading cement manufacturing company BUA CEMENT Plc has released a price reduction on the sale of it’s product with effect from this month .it will be recalled that these move had been anticipated for a while now, subsequent engagements with the federal government between the president and the managing Director of BUA CEMENT Plc confirmed the likelihood reduction of cement prices in other to mitigate the running cost of increase in building materials as experienced by Nigerians.
In the press release to the general public..the management stated that it’s sole intent to reduce cement prices was as a completion of new lines to at the end of the year in order to spur development in the building materials and infrastructure sectors
We await other stakeholders of the cement manufacturing sector to follow suit as there was a purported plan to increase cement prices to the tune of #6,000 naira as widely speculated but coming with the major move to reduce product price by BUA CEMENT Plc has added a new dimension and twist to the chagrin of other rivals inclusively.
Nigerians can now heave a sign of relief with the inception of this development indeed better times are beginning to return back to the land and the people can have another cause to smile again!
