ABUJA Chairman of BUA Group, Abdul Samad Rabiu, on Thursday announced that the company has agreed to freeze the price of cement for all contractors engaged in projects under the Federal Governments Renewed Hope agenda, as part of efforts to support President Bola Tinubus economic recovery strategy.
This is as President Bola Tinubu and Rabiu met at the Presidential Villa, Abuja, on efforts by the BUA Foods to crash the prices of food in the country.
Briefing journalists after the meeting, Rabiu expressed happiness that the prices of food have come down compared to what they were last year.
He also explained why the price of BUA cement is relatively high, attributing it to the flotation of the naira.