Dangote Cement Speaks On Reducing Price From N5,500 To N2,700

Dangote Group, the parent company of Dangote Cement, has spoken concerning reports that it plans to reduce cement prices by 50.9% on October 1, 2023.

Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Industries Limited dismissed the reports of a price reduction on October 1, describing it as fake.

Contents

Dangote Group, the parent company of Dangote Cement, has spoken concerning reports that it plans to reduce cement prices by 50.9% on October 1, 2023.MORE NIGERIA NEWS Tribunal Affirms Sanwo-Olu Victory as Lagos State Governor Customs Intercepts Bomb Production Materials in Edo Fire Razes Supreme Court Building (PHOTOS)Taraba Announces N85,000 Allowance For NYSC Members Atiku Lists 10 Lies Told by Tinubu’s Administration in 117 Days SERAP Urges Tinubu to Probe NNPC, NPDCL Over Missing $13.5m, $8.2b Why US Court is Delaying To Release of Tinubu’s Academic Record Mohbad, Dagrin, MC Loph, Sound Sultan and 8 Musicians Whose Deaths Shook Nigeria 34 Die as Illegal Fuel Depot Explodes in Benin Nollywood Actor Charles Granville is Dead Ghana To Export Electricity to Nigeria

Chiejina then advised the public to ignore any statement that did not come from the Dangote group.

Bashir Ahmad, the ex-presidential aide to former President Muhammadu Buhari also confirmed X on Sunday evening.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Ahmed said:

“The Dangote Group has denied the trending reports that it has reduced the price of cement from N5500 to N2700 effective October 1st.”

However, there were reports that the federal government’s plan to build concrete roads will increase the cost of cement from N5,000 per bag price to N9,000 according to cement producers.