Dangote Cement refutes Claims of Cement Price Slash from N5500 to N2700 – moneyamebo

Date:

Dangote Group has vehemently denied recent reports suggesting a reduction in the price of its cement products. Contrary to the widely circulated claim that Dangote Cement had slashed its prices from N5500 to N2700 per bag, the company has stated that such information is entirely false and misleading.

The news of the alleged price reduction sent shockwaves through the construction and real estate industries in Nigeria, with many anticipating a significant economic impact if it were true. Social media platforms were flooded with discussions and speculations about the sudden drop in cement prices.

However, the Dangote Group, through its spokesperson, issued a press release today, categorically refuting these reports. The statement emphasized that Dangote Cement has not made any such price adjustments and that the company remains committed to providing quality cement products at competitive prices.

“We want to make it absolutely clear that the reports of a price reduction from N5500 to N2700 per bag are entirely false. Dangote Cement has not altered its pricing structure, and we continue to operate in line with established market rates,” the spokesperson stated.

 

 

 

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

Latest Updates

More like this
Related

W.African bloc lifts sanctions against Guinea, Mali

West Africa's regional bloc ECOWAS said Sunday it was...

FG eyes 1,268MW from new eight power plants

The Federal Government is expecting 1,268 megawatts of power...

45,000km longest subsea cable lands in Nigeria

To broaden Nigeria’s Internet ecosystem, Bayobab, a pan-African digital...

Banks sell $172m as CBN, EFCC battle currency speculators

Experts fault NAFEM intra-day rates, demand full...
bitcoin
Bitcoin (BTC) $ 51,100.69 1.01%
ethereum
Ethereum (ETH) $ 3,051.96 0.78%
tether
Tether (USDT) $ 0.999435 0.12%
bnb
BNB (BNB) $ 387.24 1.86%
solana
Solana (SOL) $ 101.60 0.96%
staked-ether
Lido Staked Ether (STETH) $ 3,048.44 0.73%
xrp
XRP (XRP) $ 0.533037 2.25%
usd-coin
USDC (USDC) $ 0.999109 0.13%
cardano
Cardano (ADA) $ 0.576791 2.15%
avalanche-2
Avalanche (AVAX) $ 36.60 0.15%