BUA Group has assured Nigerians their readiness to flood the markets with standard quality cement at the cost of 3,000 Naira per bag.
The government are expected to caution every other cement dealer to go down to 3,000 per bag for the reason of uniformity of market price and regulation, 9News Nigeria reports.
Same reduction in price is expected to be enforced not only on cement reduction from 5,000 Naira to 3,000 Naira but to pass a bill for immediate reduction of all market commodities, building materials, petroleum products, fuel pump price, electricity tariff, transportation fare, air tickets, house rents and most importantly exchange rates, export and import duty.
The All Progressives Congress APC administration under President Bola Ahmed Tinubu GCFR has promised Nigerians of radical economical change and developmental transformation across the states of the Federation.
Nigerians are looking up to President Tinubu’s government to cross the teeth on his unwavering efforts to improve the country as our Newsmen reports.
It is evidential that the economy is bad at the moment but the policy board of the APC administration under President Tinubu is expected to bring smiles on the faces of fellow Nigerians.
9News Nigeria research team on economy reports that there’s a little push up on the state of Nigeria’s economical graph which implies that hopefully within the next 14 months of Tinubu’s administration, if the administration is keen to improving the country, Nigeria will establish radical developments and enviable progress.
In Nigeria, since Abdussamad Rabiu CEO BUA Group announced to reduce the BUA cement price from N5,000 to N3,000, the people have expressed happiness and and renewed hope.
However, the reduction will be a boost to more infrastructural development and reduction on house rents across the states of the Federation, BUA Group hinted.
No doubt Nigerians will be happy to see more reductions in every other sector of economy while calling on government to also do everything necessary to reduce fuel pump price to a barest minimum.
Research has it that the country will immediately witness rapid growth once , fuel pump price, power supply and building materials are stabilized in the same time with the recent reduction of cement in Nigerian markets.
Abdussamad Rabiu CEO BUA Group, is presumed the richest man in Nigeria following his cross section of investments hoisted across the global economy.
During Covid19 Pandemic, Abdussamad BUA was the first person to donate N1 billion to support Covid19 response.
On March 2021, BUA Group donated N1 billion to Ahmadu Bello University Zaria.
On October 2021, BUA Group donated N1 billion to Nnamdi Azikwe University.
On December 2022, BUA Group donated $12.3 million (N5.5 billion) to 22 Nigerian universities.
It is therefore a clarion call on Nigerian business masters to toe same line with BUA GROUP, and reduce costs generally to cushion the effects of hardship and alleviate bad economy.
Restrictions and stiffer penalties have to be in place by government to shutdown all business agencies whose cost of products goes higher than government approved prices and standards.
-Princely Onyenwe reporting
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