Mr. Edwin Devakumar |
Dangote Cement Plc yesterday announced that it had reviewed the price
of cement in the country downwards with about N100 slashed off the
original price of each 50 kilogramme bag of cement.
According to the Managing Director of the company, Mr. Edwin
Devakumar, who spoke to journalists in Lagos, beginning from today,
distributors lifting cement from the various Dangote cement plants
across the country, will pay N100 less per 50 kilogramme bag of cement.
Devakumar also stated that to further comply with the ongoing Standards
Organisation of Nigeria (SON) directive and regulation on the various
classes of cement and their prescribed uses, “Dangote Cement Plc has
announced plans to launch its brand of the premium 32.5 cement grade,
selling for N200 lower per bag than the price of the higher strength
42.5 grade.”
The managing director said the 32.5 cement grade from the stable of
Dangote Cement was also to ensure consumers pay the right price for the
right value so that consumers would not be paying more for lower grade
as is presently the case.
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