Business
New Cement Enters Market, Crashes Price Below N7,000
The introduction of Mangal cement has crashed price of it product which now give building and construction manager a relief.
Blaze Newz gathered that until Mangal cement broke into the market, Dangote, Lafage, BUA Cement are all selling around N7,500 to N8,000 depending on area.
The newly completed $1.5 billion plant in Kogi State is owned by Katsina-born billionaire Dahiru Mangal.
Introducing the new cement to Nigerians, Mangal Cement Company Limited, said it has started selling cement produced.
In a post he made on X, a man, Maleek Ana, displayed two bags, claiming he bought a bag at the cost of N6,000.
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