BUA Boss Blames Dealers, Economy For High Cement Prices …C0NTINUE READING HERE >>>
Chairman of BUA Cement, AbdulSamad Rabiu has blamed cement dealers for undermining the company’s plan to sell cement at N3,500 per bag last year.
Rabiu made this disclosure at the 8th Annual General Meeting of BUA Cement in Abuja on Thursday.
Despite BUA Cement’s initiative, he said dealers sold cement to consumers at prices between N7,000 and N8,000 per bag, nearly double the intended price.
Rabiu stated, “A lot of the dealers took advantage of that policy. Rather than pass the low…
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