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, “...
The African Democratic Party (ADC) has expressed opposition to the plans by the Independent National Electoral Commission (INEC) to create additional polling units ahead of 2023. The National Chairman of the party, Okey Nwosu, addressed the media in Onitsha on Wednesday. He said that establishing more units in addition to the existing 120,000 was bad timing, considering the current economic challenges. The chairman said America, with more population and landmass, has only about 240,000 polling places. “How do we justify this with INEC’s call for additional polling units? Is it because INEC is spending from government coffers?” he quipped. The ADC leader advised the electoral umpire to be judicious with public money. Nwosu added that elections should not continue to drain funds that could b...
Paris Saint-Germain manager Mauricio Pochettino has revealed his delight to work with Idrissa Gueye and praised him for his contribution to his side. The midfielder is currently spending his second season at Parc des Princes, having teamed up with the club from Premier League side Everton in the summer of 2019. Gueye has featured in more than 60 games since joining the side and in the current campaign, he has made 42 appearances, scoring two goals and providing one assist across all competitions. His performances ensured the Parisians to their second spot on the Ligue 1 table and their progression into the semi-finals of the Champions League. Pochettino has lauded the impact of the Senegal international to his side ahead of their encounter with the Maroons. “He’s a player with experience, ...