We will sell cement at N3500 per bag in 2024

We will sell cement at N3500 per bag in  2024

BUA Chairman Abdul-Samad Rabiu on Thursday assured that his business would offer a bag of cement at N3500 in 2024, as earlier assured.

After consulting with President Bola Tinubu in Lagos on Thursday, he ensured his company targets about 6 million tonnes of cement each year.

I have actually offered a guarantee, and we mean to keep that guarantee.”

Rabiu divulged that President Tinubu will commission its cement plant in Sokoto anytime.

He, nevertheless, firmly insisted that he planned to keep that pledge: “We mean to keep the cost of cement as we guaranteed. And as all of us understand, our volumes will have to do with 6 million tonnes per year integrated.”

He revealed that the volumes will favorably affect the country’s cement products.

BusinessDay check, nevertheless, exposes that the item presently costs in between N5000 and N5200 per bag

The BUA Chairman, who had earlier ensured Nigerians that the business would crash the rate in 2024, firmly insisted that the business is striving to fulfill the target.

I am going to preserve the cost that we guaranteed Nigerians. We’re having some concerns occasionally, however these are problems that I think, you understand, we can deal with and we are resolving them. We plan to keep that pledge that we made to Nigeria and to Nigerians.

You understand the cost that we have actually set will be 3,500 Naira per bag.

You understand x factory, obviously, plus VAT, and after that provided to consumers depending upon the area, since as you understand, our factories remain in Edo state, the other in Sokoto state.

“So, for instance, if you desire us to provide cement to you from Sokoto, state, to Lagos or Adamawa or to any location, the range is rather far. Depending on the range and the place. You understand the rate modifications, however we mean to keep that pledge.

The crucial thing is to make sure that we keep a budget-friendly cost top that Nigerians will get. We are working on that, and I’m sure we’ll be able to attain that.”

The Chairman of the All Progressive Congress, APC, Abdullahi Ganduje, who likewise spoke to State House Journalists after consulting with the President, stated the celebration is working to develop an electronic database for members and the APC Institute of Progressive Studies.

He stated,” We are here to share the pleasure or the events of Christmas and the delight of the brand-new year 2024.

To condole the President on the death of 2 political giants, the Governor of Ondo state and likewise the previous speaker, National Assembly Ghali Na’Abba in Abuja, and likewise to praise him for his accomplishment so far in handling the affairs of this nation. Generally, that is why we’re here.

He stated Nigerians ought to anticipate more from the federal government of the Federation and the APC as an organization.

You have actually seen how we have actually begun advancing to increase the protection of the celebration in regards to having more states for the celebration, more members of National Assembly, state assemblies, and we are continuing to do that.

I think we have some developments for the celebration since now we’re presenting e-registration of our political celebration, where our members will be digitally signed up so that we have a database that we can trust, that we can prepare that we can be able to broaden the celebration.

* We have in our program for the facility of the National Institute of Progressive Studies so that we inform our members, even members of the general public in Nigeria, on the teaching of democracy, on the problems of internal democracy, problem of preventing hate speeches, and likewise problems of complying with the guidelines of the law on election and other procedures.
You can see that this organization will work with the federal government to establish suitable policies favorable to democracy.”

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