Abdul Samad Rabiu, Chairman of BUA Cement, has disclosed that the company’s initial plan to reduce cement prices to ₦3,500 per bag was thwarted by greedy middlemen, or ‘dealers.’ BUA Cement’s plan to reduce cement prices to ₦3,500 per bag was thwarted by profiteering dealers and lack of industry cooperation.Naira devaluation and fuel subsidy removal made the price reduction policy unsustainable.BUA Cement is now selling for about N6,000 to N6,500 per bag as the price reduction could not be sustained.Abdul Samad Rabiu, Chairman of BUA Cement, has disclosed that the company’s initial plan to red…