Business UNICEM Nigeria Slashes Price of Cement by N125



Technical Service Engineer of the management of United Cement Company of Nigeria, Bukola Adebisi has said that the company has decided to slash the price of its 32.5 cement grade downward by N125, against the backdrop of the recent reduction of prices of cement products by the top manufacturers in the country.

The management explained that the decision was aimed at retaining patronage and deepening its penetration into the cement production sector market, PUNCH reported.

“Incentives are on ground currently for the dealers and with the current atmosphere of cement prices, UNICEM management has adequately responded by reducing the price of its 32.5 cement grade by N125.00 per bag. There are other incentives for the customers.

“But for the 42.5 grade (jumbo) we are yet to have it in 50kg bag and very soon it will be introduced into 50kg. There are also plans to slash the price for the benefit of dealers and the end users,” he said.

Dangote Cement plc had last week reduced the prices of its 42.5 cement grade products by N100 per bag last, while the 32.5 grade, which is yet to be introduced into the cement market, would be sold at N200, lower that the 42.5 cement grade.

#Punch #UNICEM #Cement #Nigeria



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