Billionaire Abdul Samad Rabiu says BUA Cement prices will fall as naira stability eases costs
Billionaires Africa | 22.05.2026 23:42
Abdul Samad Rabiu has a message for Nigerian builders frustrated by soaring cement costs: relief is coming. The billionaire chairman of BUA Cement told shareholders at the company's 10th annual general meeting in Abuja that prices will ease as production and logistics costs fall, and he pinned much of the recent pain on a weaker naira rather than profiteering.
