The new price
structure was announced by the Group MD, Dangote Cement, Mr. Devakumar Edwin,
who said “We recognise the need for a dramatic increase in the response
to the huge infrastructure and housing deficit in the country, and one of the
ways of addressing the issue is bringing the price of building materials down
to much more affordable levels, especially cement, which is within our own
control as part of our contribution to the transformation agenda of the
President Goodluck Jonathan administration and the attainment of key milestones
in the Millennium Development Goals.”
Meanwhile
For those of you who the price of cement has been stopping you from building,
Dangote Cement Plc has announced a 41% reduction in the prices of cement, with
the different grades now selling for between N1,000 and N1,150, exclusive of
Value Added Tax. Now, 50kg of the 32.5 cement grade sells for N1,000, while the
higher 42.5 grade will go for N1,150 per bag instead of the current N1,700 that
both grades were sold for.
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