•Tinubu The federal government has released an updated schedule of prohibited trade items, signalling a firm stance on protecting domestic industries and managing foreign exchange. The revised import prohibition list, dated April 1, 2026, details seventeen major categories of goods strictly barred from entering the country through any port of ...
•Tinubu and Dangote Refinery The founder and president of Chief Emeka Agba Foundation, Chief Emeka Agba, has called on President Bola Tinubu to takeover Dangote Cement and Dangote Refinery, saying the companies were financed by Nigeria’s funds. Reacting to the disclosure made by former President Olusegun Obasanjo that he advised and supported ...
BUA Cement Plc has stated that a significant decline in commodity prices, driven by improvements in the naira exchange rate and decision to generate its own electricity to power production plants would reduce prices of its cement product in the market. Abdul Samad Rabiu, Chairman, Board of Directors, BUA Group Plc, at the company’s 9th [&helli...
Block manufacturers under the auspices of the National Association of Blockmoulders of Nigeria ( NABMON) have called on the federal government to roll out practical steps to address the rising prices of cement. The association’s president, Adesegun Banjoko, in an Easter Message on Sunday, said that the group is still waiting for that pragmatic...
•David Umahi Citing strengthened naira and declining petrol prices Works Minister David Umahi yesterday called on cement manufacturers to slash the price of their product to N7,000. He attributed the appreciating value of the naira and reduction in petroleum product costs to responses to the economic policies introduced by President Bola Ahmed...
The Nigerian Association of Road Transport Owners, Ashaka branch, has called on Gombe State governor, Muhammadu Yahaya, to intervene in securing a 50% increase in cement freight charges from Ashaka Cement Plc and Lafarge Holcim. The association, expressing concerns over rising operational costs amid the country’s economic downturn, said the st...
•Joe Biden and Donald Trump Behind the smiles, as Joe Biden bids farewell to world leaders at the UN General Assembly this week, will be one goal — shoring up his legacy against a possible White House comeback by Donald Trump. Countries around the world are nervously watching November’s US presidential election amid fears that […]
The Chairman of BUA Cement, Alhaji Abdul Samad Rabiu, yesterday recounted how cement dealers frustrated his company’s N3, 500/bag policy, last year. He spoke at the 8th Annual General Meeting of the company in Abuja, reports Vanguard. He said that while his company sold over a million tones of cement to dealers at N3, 500, […]
•Dangote and President Nguema Gabon’s President, Brice Oligui Nguema, has extended an invitation to Aliko Dangote, Chairman of Dangote Industries Limited, to invest in cement and fertiliser production within the country. This invitation comes shortly after Dangote announced a halt in investment in Nigeria’s steel industry. A statement from the...
•Bags of cement The joint committee of the House of Representatives investigating arbitrary rise of cement price in the country, has asked major producers in the industry to tender documents on cost production to justify the price of cement in the market. The committee resolved to visit production plants of the companies after going though [&h...

