The Minister of Housing and Urban Development, Ahmed Dangiwa, says BUA Plc’s decision to reduce the price of cement to N3,500 per bag is a demonstration of the company’s commitment to improving lives.
This is contained in a statement issued on Tuesday on Abuja by the Deputy Director of Information in the ministry, Salisu Badamasi.
Mr Badamosi said that Dangiwa made the remark in response to the announcement made on Oct. 1 by the firm reducing the price of cement to N3,500 per bag.
“I commend BUA Cement Plc. for its socially responsible decision to reduce the price of cement.
“Accessible and affordable housing is a fundamental right.
“This move by BUA Cement Plc. will undoubtedly alleviate the challenges faced by our citizens.
“It demonstrates a shared commitment to improving the lives of our people and furthering the goals of sustainable urban development,” he said.
Mr Dangiwa said that the proactive gesture would reduce the cost of cement, which was a major component of housing construction.
He also said that the firm’s action was in support of the Renewed Hope Agenda of President Bola Tinubu to provide affordable housing to Nigerians.
According to him, the soaring cost of cement has led to a drastic increase in the cost of building houses, thus making them unaffordable for the average Nigerian
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