The Chairman of BUA Cement Plc, Abdul Samad Rabiu, has blamed the skyrocketing prices of cement in Nigeria on energy and transport costs.
May 22, 2026
Rabiu
By Emma Ujah, Abuja Bureau Chief
The Chairman of BUA Cement Plc, Abdul Samad Rabiu, has blamed the skyrocketing prices of cement in Nigeria on energy and transport costs.
He spoke at the 10th Annual General Meeting of BUA Cement in Abuja yesterday.
BUA blames energy and transport costs for high cement prices
Cement prices will fall when input costs ease – BUA
BUA Cement reports over 380% jump in profit, as earnings top N1trn - Businessday NG
BUA Cement excites shareholders with strong 2025 performance, approves N10 dividend per share
Cement demand recovery, price hikes eyed in June as costs weigh on margins: Report
Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA
How economic reforms muted Middle East pressures, energy price surge in Nigeria - CBN
Africa's second-richest man, Rabiu, is now just $300 million shy of the $20 billion mark
Manufacturers’ cost burden eased in Q1, but renewed price pressures raise concerns - Businessday NG
Cement makers expect 7-8% growth in FY27 despite West Asia headwinds
