Friday, July 10, 2026

Cement Price Hike: Umahi, Tambuwal inspect BUA plant

The minister expressed President Bola Tinubu’s concern about escalating commodity prices, including cement.

• March 1, 2024
BUA cement plant (Credit: BUA)
BUA cement plant (Credit: BUA)

Works minister David Umahi and Aminu Tambuwal, chairman of the Senate Committee on Housing, inspected the newly constructed BUA Cement’s fifth plant in Sokoto on Thursday.

Mr Umahi, who was in Sokoto to inspect the reconstruction of a 372km dual road from Sokoto to Zaria in Kaduna, urged BUA cement’s management to reduce cement prices.

He emphasised the government’s commitment to stabilising the Naira’s value and assured the public that efforts were underway to address the rising costs of commodities.

The minister disclosed that President Bola Tinubu was deeply concerned with escalating commodity prices, including cement.

During a meeting with the manufacturers, he revealed that the president had directed cement companies to revert to the previous prices.

“I encourage them to comply with the president’s directive, facilitating a massive housing programme and the national agenda for concrete roads,” he stated.

Regarding the fifth plant, Umahi commended the company’s commitment and expressed confidence in the product’s quality, aligning with the government’s objectives.

In his remarks, Mr Tambuwal emphasised the importance of cement production in the housing sector, praising the collaboration between the government and BUA cement.

“I believe this partnership will greatly support the Federal Government’s initiative to provide affordable housing, addressing the significant housing gap in the country,” he said.

Mr Tambuwal congratulated BUA for its steadfastness, saying it will contribute significantly to the government’s initiative.

The BUA managing director, Yusuf Binji, assured us that the fifth plant would significantly increase daily cement production, contributing to lower market prices.

“The new plant will add 165 trucks to our daily production capacity, further driving down the product’s price in the market,” Mr Binji affirmed.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Governor Ahmadu Fintri of Adamawa

States

Adamawa govt warns against defacing public infrastructure with campaign posters

The Adamawa government says the conviction and N3 million fine imposed on an ADC governorship aspirant signal stricter enforcement of laws against defacing public infrastructure.

Nigeria Oil and Gas Energy Week in Abuja

Economy

Oil, gas operators push technology adoption, skills development to boost growth

Stakeholders in Nigeria’s oil and gas industry have called for increased adoption of new technologies and sustained investment.

FCT

Abuja

Julius Berger to maintain remodelled Abuja City Gate for sustainability: Wike

FCT minister Nyesom Wike says the FCT Administration would sign a memorandum of understanding with Julius Berger for the maintenance of the remodelled Abuja City Gate.

Education minister Tunji Alausa and director-general of NIMC, Bisoye Coker-Odusote

Education

Education ministry, NIMC to provide digital identity to 80 million Nigerian learners

Mr Alausa said a credible national identity system was essential for effective governance, quality education and sustainable economic growth.

TRAIN

Abuja

NRC targets better rail services through reviewed SOP

NRC has reaffirmed its commitment to enhancing efficiency and delivering improved services by institutionalising robust standard operating procedures.

France vs Morocco

Sport

Mbappe, Dembele score as France beat Morocco 2-0 to reach World Cup semi-finals

Speaking after the match, Mbappe said, “There’s still a long way to go. We know that what’s coming is tougher than what we went through. We are ready for what’s next.”