•House of Representatives Dangote Cement, BUA, IBETO and other stakeholders have been given a 14-day ultimatum to appear before the House of Representatives Joint Committee to clear the air over the increase in cement price in the country. This followed the failure of the companies and others to appear at its investigative hearing today, repor...
•Bags of cement Dangote, BUA, Lafarge and other cement major manufacturers agreed to reduce the price of cement after a meeting with the federal government. The meeting initiated by the minister of Works, David Umahi was also attended by the minister of Industry, Trade, and Investment, Uzoka-Anite, in Abuja on Monday, February 19, 2024, report...
Alhaji Abdul-Samad Rabiu, Chairman of the BUA Group, said that the company would maintain its promise of selling cement at the price of N3,500 from January 2024. He said this while speaking with State House Correspondents after a visit to President Bola Tinubu today in Lagos. He said the company would also make the product […]
•Abdul Samad Rabiu The BUA Group has declined the recent purported appointÂment of its chairman, Abdul Samad Rabiu, to a standing committee of a political party – the All Progressives Congress, APC. The group, in a statement made available to this paper, stated that its chairman has consistentÂly adopted an apolitical stance over the yea...
The Nigerian National Petroleum Company Limited (NNPCL) may begin importation of 110, 000 barrels of crude oil per day from Venezuela or Saudi Arabia to operate the Kaduna Refinery due to come on stream next year. Also, the Dangote, Bua and other refineries may be forced to import about 1.322 million barrels of crude oil […]