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The Ebonyi government has directed immediate deployment of more security personnel to quell the renewed intra-communal crisis between Effium and Ezza-Effium indigenes of Ohaukwu Local Government Area of the state.
Dangote Says pricing power is weaker overseas than at home in Nigeria. With Nigeria’s cement industry is a market controlled by 3 major players. Dangote Cement, Lafarge Africa and BUA Cement, Africa’s largest economy is producing at less than any country in Africa apart from maybe Niger Republic. That then means that we do not have enough capacity,” Rabiu said. To help address this and thus be able to effectively compete against the dominant player in the sector, BUA cement is pouring money into building new plants across different geographic locations in the country. The Nigerian con...
The price cement in Nigeria currently hovering at about N3,500 per bag can fall by some 40 percent to N2,200 if there is an increase in capacity and production, stronger competition, and an opening up of the sector to more players as well as imports, according to Abdul Samad Rabiu, Chairman of BUA Group. Two of those factors (increased production and competition) are directly under the control of BUA which is working actively to achieve them so prices can begin to fall, Rabiu told MoneyCentral in an interview at his home in Lagos. “The price of Cement is high in Nigeria simply because we do...
The All Progressives Grand Alliance (APGA) recorded its first major victory in Niger State weekend as its won its first legislative election in the state on Saturday.
Allegations of Ballot box snatching, thuggery and violence have marred the Saturday's by-election for Magama/ Rijau House of Representatives election in