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‘Revert to old price’ – Tinubu directs Dangote, BUA, other cement manufacturers

Credible News by Credible News
February 29, 2024
in Development, Economy, Human Interest, News
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‘Revert to old price’ – Tinubu directs Dangote, BUA, other cement manufacturers
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The BUA Group, Lafarge, the Dangote Group, and other cement producers have been instructed by President Bola Ahmed Tinubu to return to the previous pricing of the material, which has increased by almost 100 percent

Minister of Works, Senator David Umahi, disclosed this to reporters shortly after inspecting the BUA cement factory in Sokoto on Thursday. He stated that during a meeting with the manufacturers, the president instructed them to revert to the previous price of cement.

“I want to encourage them to abide by the directive of Mr. President so that we can achieve massive housing programme and the renewed hope agenda of concrete roads,” he said

Umahi commended the company for completing its fifth line.

“When the chairman of the company visited Mr. President last week, he assured me that the 5th line will soon commence operation and with my visit here, I can confirm the 5th line, though waiting to be commissioned, has already commenced operation,” he testified

He, however, commended the management of the company for ensuring cleanliness within the entire premises of the company.

The Senate committee chairman on housing, Senator Aminu Tambuwal, said the federal government was embarking on 372 kilometers of dual carriageway from Zaria to Sokoto State.

“I am here to see things for myself, as you are aware, the federal government is currently embarking on 372 dual kilometers of road, of which the first phase will be done with asphalt and the step down will be done with concrete.

“If you calculate the 372 kilometers, because it is dual carriageway into two will give us a total of 744 kilometers.

READ ALSO: Troops recover over 23,000 arms, apprehend 621 suspects, rescue 466 hostages in one month – DHQ

“The second 372 kilometers will be conducted with pure concrete in line with the renewed hope agenda of Mr. President.

Senator Aminu Tambuwal also commended BUA management for living up to expectations in the discharge of its responsibilities and appealed to the management of the company to in addition to improved capacity in its production, also ensure the availability of the product to the masses at affordable prices to meet up with the current administration of housing for all.

Tags: BUA GroupBusiness NewsCredible NewsDangote GroupLafargeNewsPresident Bola Ahmed Tinubu
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