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Housing revolution: BUA’s cement price slash unleashes a new era

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In a groundbreaking move that’s set to revolutionize the housing sector, BUA Plc has slashed the price of cement to a jaw-dropping N3,500 per bag, sending shockwaves of affordability across Nigeria.

The Minister of Housing and Urban Development, Mr. Ahmed Dangiwa, hailed this seismic decision as a testament to BUA’s unwavering commitment to uplift the lives of Nigerians.

In a sensational statement that reverberated through the nation’s capital, Deputy Director of Information in the ministry, Mr. Salisu Badamasi, revealed Dangiwa’s enthusiastic endorsement of BUA’s game-changing move. He declared, “I commend BUA Cement Plc. for its socially-responsible decision to reduce the price of cement. Accessible and affordable housing is a fundamental right.”

This monumental gesture by BUA Cement Plc. is not just a price cut; it’s a lifeline to ordinary Nigerians striving to own a home. With the cost of cement being a monumental hurdle in housing construction, BUA’s audacious move aligns seamlessly with President Bola Tinubu’s Renewed Hope Agenda to provide affordable housing to every Nigerian.

Dangiwa, whose passion for affordable housing is unwavering, spotlighted the soaring cost of cement, a formidable obstacle standing between many Nigerians and their dream homes. He championed BUA Cement Plc.’s decision as a colossal stride towards lightening the financial load on aspiring homeowners.

With his sights firmly set on delivering affordable housing, Dangiwa affirmed that BUA’s bold move would benefit not only individuals but also catalyze economic growth, generate employment, and hoist countless Nigerians out of poverty. This momentous decision paves the way for more affordable housing and vital infrastructure development.

The minister issued a rallying cry to other industry giants, urging them to follow BUA’s socially-conscious example. He highlighted the profound impact such decisions could have on society, emphasizing the crucial role of government-private sector collaborations in surmounting housing affordability hurdles and ensuring that every citizen enjoys decent living conditions.

As BUA’s price cut reverberates throughout the nation, it heralds a new era where owning a home is within reach for every Nigerian. A seismic shift towards housing accessibility and affordability has been ignited, and the nation watches in awe as this transformative wave sweeps across the land.

Bolaji Farinloye

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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