The management of ?angote Cement Plc has debunked reports that the company has reduced the price of cement from N5, 500 to N2, 700 effective from October 1st.
Speaking with newsmen, Group Head, Corporate Communications, ?angote Group, Anthony Chiejina, said the report was lie being spread by some people on social media in order to trend, generate traffic and make money.
He further urged members of the public to disregard any statement that did not originate from ?angote Group.
Also, the ex-presidential aide to former President Muhammadu Buhari, Bashir Ahmad, confirmed this in a tweet on X (formerly Twitter) on Sunday evening. He said, “The ?angote Group has denied the trending reports that it has reduced the price of cement from N5500 to N2700 effective October 1st”.
A check on the website of ?angote Cement to verify the news revealed that no reduction has been made for the cement price.
