Breaking News

BUA Cement Reduces Ex-Factory Cement Prices to N3,500 per Bag Effective October 2, 2023

BUA Cement Plc has announced a reduction in the ex-factory price of its cement to N3,500 per bag, effective from October 2, 2023. This decision comes earlier than expected, as the company aims to accelerate development in the building materials and infrastructure sectors.

In line with their commitment to reducing prices, BUA Cement conducted a periodic review of their operations for efficiency, leading to this price reduction. By bringing this forward, Nigerians can now benefit from the lower prices even before the completion of their new plants.

Currently, BUA Cement produces 17 million metric tonnes per annum. Upon the completion of their ongoing construction of new plants, they intend to further review and adjust prices in the first quarter of 2024, as previously announced.

Customers who have pending orders paid for at the old prices will have their orders reviewed downwards to the new price of N3,500 per bag from October 2, 2023. BUA Cement has urged their licensed dealers to ensure that end-users also benefit from this reduction in ex-factory prices, as field sales will be monitored for compliance.

The management of BUA Cement Plc signed the announcement on October 1, 2023, ensuring transparency and accountability in their pricing strategy.

Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts or report call/WhatsApp us on +2349064433505 or reach us at

No comments