Dangote, BUA Announce New Cement Price As FG Reacts

The Federal Competition and Consumer Protection Commission (FCCPC) has placed Nigeria’s cement giants under formal investigation, summoning them to explain why a 50kg bag now sells for as high as N15,000 despite the country’s huge limestone deposits and excess production capacity. The move follows a three-month, cross-border probe by the Commission’s Anti-Competitive Practices Department,…