REDAN (Real Estate Developers Association of Nigeria) applauds BUA Cement for its recent price reduction and calls for a positive impact on the market. This is an amazing Development as Tinubu’s Aide Reacts as BUA Cement Slashes Price to N3,500 Per Bag.
The Real Estate Developers Association of Nigeria (REDAN) has praised BUA Cement for its decision to reduce cement prices from N5,200 to N3,500 in the country. REDAN President, Dr. Aliyu Wamakko, stated that this reduction is a welcomed development that is expected to have a positive impact on the lives of many Nigerians.
He noted that high cement and building material costs have been major obstacles in the housing sector, and REDAN and cement dealers are anticipating a quick market price adjustment.
Wamakko emphasized the importance of affordable building materials in providing accessible housing solutions and commended BUA’s CEO, Abdul Samad Rabiu, for the initiative. He also encouraged other industry leaders to follow BUA’s example.
REDAN President, Dr. Aliyu Wamakko, praised Abdul Samad Rabiu, the CEO of BUA, for his integrity, determination, and fair business practices. He called on other influential stakeholders in the construction sector and building materials production to follow BUA’s example. Wamakko expressed appreciation for BUA’s commitment to the cause, as conveyed to President Bola Ahmed Tinubu.
Regarding the housing deficit in Nigeria, Wamakko acknowledged that various factors, including banditry, floods, and natural disasters, have contributed to the shortage of housing in the country. He emphasized the critical role of cement as a primary building material in the construction sector. Wamakko expressed gratitude for BUA’s decision, highlighting its potential to create employment opportunities for many Nigerians.
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