Dangote, BUA and Lafarge have agreed on a new price for a bag of cement, bringing succour to builders and real estate companies after the hike to as high as N15,000.
The Association of Cement Producers in Nigeria (CEPA) has given the Nigerian government the condition on which the price of the product could reduce.
The $20 billion Dangote Refinery reportedly plans to export its first fuel cargo after months of preparation as the Port Harcourt Refinery has begun production
Cement producers have been invited to a meeting on Monday by the minister of works, David Umahi, to discuss the concerns raised by the startling rise in cement costs
The price of cement has skyrocketed from N6,500 to about N10,000 in parts of Nigeria following the general hike in the price of the building material.
FG has made available a range of tax breaks and incentives to businesses building new refineries within the country to increase domestic refining capacity.
Unresolved issues with regulatory permissions have caused the Dangote Petrochemical Refinery to postpone its plan to introduce fuel to the Nigerian market in January
Luck smiled on a Nigerian man as fellow countrymen have come to his aide. The man, who moulds blocks, now has a cement business with a stocked shop.
A private company is set to launch its cement factory in Ethiopia to rival Dangote Cement which has been a dominant choice in the East African country.