Monday, November 03, 2014

Hurray! Dangote Slashes Cement Price by 40%. A Bag Now N1,000.




     
        Hurray! Guess what? Dangote Cement Plc. has announced the corporation’s decision to cut down the price of its cement as it has cut down 40% on the price of the product.
The decision was announced by the Group Managing Director of Dangote Cement, Mr. Devakumar Edwin, who said the Dangote 32.5 cement grade will now sell for N1,000 per 50 kg bag, while the higher 42.5 grade will sell for N1,150 per bag. His words.......


“We recognize the need for an increase rapid 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 within our own control as part of our own contribution to the transformation agenda of the Goodluck Jonathan administration and the attainment of key milestones in the Millennium Development Goals (MDGs),” he said.

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