Primate Ayodele Reveals Why Price of Dangote, BUA Cement Cannot Come Down to N2000
- Primate Elijah Ayodele the high cost of cement in Nigeria will continue and will never reduce to N2,000
- The leader of INRI Evangelical Spiritual Church said Dangote and BUA cannot reduce the price of cement to N2000
- The clergyman said even the federal government of Nigeria can't reduce the price of cement to N2000
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Lagos state - The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has reacted to the high cost of cement in Nigeria.
Primate Ayodele said Dangote and BUA cannot reduce the price of cement to N2,000.a
Source: Facebook
"Dangote, BUA cement prices can never come down to N2000."
He stated this in a video shared on his X (formerly known as Twitter) page @primate_ayodele, on Wednesday, September 13.
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The clergyman said Nigerians should only pray for a better economy
“When we talk about cement, I don’t see how they will bring cement down or what will bring cement down to N2,000 or N1,500. Forget it. Cement, the price will continue (raising his hand to suggest an increase)
“BUA and Dangote, they don’t have the capacity to bring cement to N2000 or N2,500, even the government doesn’t have the capacity.”
Investigation Reveals Price of Dangote Cement in Benin Republic
Meanwhile, Legit.ng reported that the allegation that went viral a fortnight ago on social media that Dangote Cement was selling a bag of 50kg cement in Nigeria at an excessive rate of N5,200, while it sells the quantity in Benin Republic at N1,500 is untrue.
While the company does not export the product to Benin Republic, the country serves as a transit route to Togo.
BUA announces plan to drop cement price in Nigeria
Abdulsamad Rabiu, the chairman of BUA Cement Plc, has expressed confidence that a drop in cement prices would result from the completion of the company's two new factories by the end of the year.
Rabiu said this during a press conference that was held alongside the company's seventh annual general meeting on Thursday, August 31, 2023, in Abuja.
Imo guber election 2023: Primate Ayodele predicts winner
In the build-up to the upcoming governorship election in Imo State, renowned cleric Primate Elijah Ayodele has predicted who will win.
The Imo State governorship polls will be held on Saturday, November 11, as stipulated by the Independent National Electoral Commission (INEC).
The election is looking to be a three-horse race that would be contested between the Peoples Democratic Party (PDP), the Labour Party (LP) and the All Progressives Congress (APC).
Source: Legit.ng
