Nigerian Woman Laments After BUA Slashed Cement Price, Faces Many Bags in Her Store: “I No Pity Una”
- A cement distributor complained after she heard that BUA slashed its price despite having old stock in her shop
- The woman wondered if the company did not consider distributors like her before the price slash was determined
- A construction expert, Murtala Gbenga, said that the price slash is yet to be reflected in how retailers sell
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A cement distributor lamented bitterly following BUA group slashing the price of its building material product to N3,500.
The woman said ever since the price slash was announced, she had not sold any of the bags of cement she had in her shop.
Price of cement slashed
Facing the bags of cement, the distributor wondered if she would eat them if nobody came to patronise her.
She said prospective buyers even came after the price slash to negotiate for N2,000 per bag. She sarcastically told them to bring N1,000 instead.
The woman begged the government and the company to review their price-slash decision, saying it has affected her business. @jid_olams shared her video.
Speaking with a construction expert, Murtala Gbenga, he said that the price slash has not affected the cement retail price.
"Distributors are still selling for over N5,000 as they still have old stock. Everyone is waiting to see if things would change at the end of the month when new loads come in."
Watch the video below:
Legit.ng compiled some of the reactions below:
Sir_Shizzy said:
"When dem dey increase am uns no dey complain but well I understand your pain."
iykefelix170 said:
"Abeg make she keep quiet. If cement increased to 9000 will she be here ranting. Is business for you."
Oba67 said:
"Painful but when the price was increased were you pre-informed?"
JOSHMAN BTC said:
"Oga I don’t pity una at all because business is bitcoins when e increases you gain and when e fall you lose."
Olaniyi said:
"But we all praying for good economy."
beoboy998 wondered:
"Who knows when you dey cash out"
vickyminaj88 said:
"But if them increased am u wont talk like this."
Dada Dele said:
"Madam reduce the price dey will refund ur money at the factory."
Building in time of cement price slash
Meanwhile, Legit.ng earlier reported that a young Nigerian man rejoiced as he and his brother built their houses at the same time on a piece of land.
One of the houses was already roofed, with the other at the "level" stage, awaiting carpenters to work on its roofing.
Source: Legit.ng