BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend. The price increase by BUA is contrary to what he has repeatedly asserted that his company does not have any justification to increase the price of cement as it is currently making enough returns. It would be recalled that BUA Cement, in various statements issued between April 24 and June 18 this year, had refuted any claims of increase in the ex-factory price of its cement products by N300 per bag, stating that, “the company had no plans to increase prices of its cement now or in the near future.” According to a statement issued on April 24, 2021, the company stated that, “...
File Photo Speakers of Southern States Legislatures, weekend, threw their weight the Southern Governors resolutions, banning open grazing of cattle, call for national dialogue, restructuring of the country and respect for Federal Character. The Speakers in a statement, commended the Southern Governors for coming together to speak with one voice, saying the resolutions of the Southern Governors were pathways to resolving the problems facing the country. The Speakers, said: “We the Speakers of State Legislatures in Southern Nigeria commend the Governors of the Southern States for their patriotism and firm belief in the unity of the country. “We salute the Governors for their initiative and restate our support for the positions of the Governors. We wish to state unequivocally that the issues ...