Prices for Federal Government: In a significant step to back President Bola Tinubu’s economic recovery plan, BUA Group Chairman, Abdul Samad Rabiu, announced on Thursday, May 15, that both BUA and Dangote Cement have agreed to maintain current cement prices for all contractors working on Federal Government projects under the Renewed Hope initiative.
Still on Prices for Federal Government
This development came after a meeting between Rabiu and President Tinubu at the Presidential Villa in Abuja, during which they also discussed BUA Foods’ role in helping to reduce food prices across the country. Speaking to journalists after the meeting, Rabiu revealed that the cement price freeze was part of a joint agreement with Alhaji Aliko Dangote, Chairman of Dangote Cement, aimed at preventing cost overruns on key infrastructure projects nationwide.
“We have agreed to freeze the price of cement for any contractor working on the Renewed Hope projects,” Rabiu stated. “There will be no price increase for the foreseeable future. This is our way of supporting Mr. President’s Renewed Hope Initiative.”
Insecurity: President Tinubu holds meeting with Security Chiefs
Would you like to Earn Money Online with just your mobile device?
If yes then click on the link below:
https://earnbean.ng/
