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Dangote group denies reducing cement price 

By Chinyere Treasure Mbadiwe
1 Min. Read

Dangote Group, the parent company of Dangote Cement has debunked claims making around of reducing price of cement from N5,500 to N2,700.

There are speculation that the Dangote group slash the cement price by 50 per cent with effect from October 1, 2023.

Reacting to the report circulating on various social media, Bahir Ahmad, media aide to former president Muhammadu Buhari, described the news as false through his X page on Sunday.

“The Dangote Group has denied the trending reports that it has reduced the price of cement from N5,500 to N2,700 effective October 1st”, he stated.

Also, Anthony Chiejine, spokesperson for Dangote Group, denied the claim on Monday morning.

“It is fake news”, Chiejine said in a terse message sent to newsmen.

A price of 50kg bag of cement is sold between N4,600 to N6,000 in Lagos, Ogun, Ondo and Abuja.

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.
Reading time: Less than 1 min.

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