By Sabiu Abdullahi
The BUA Group, despite recently slashing cement prices, has quietly increased the prices of sugar, flour, and spaghetti products, according to a recent market survey conducted in Kano.
Previously, a bag of sugar was sold at N44,000, spaghetti at N8,100 per carton, and flour at N32,500 per bag.
These prices have surged to N47,500, N9,000, and N34,500, respectively.
Local shop owners confirmed the sudden price hikes, indicating that the increases followed the company’s announcement of reduced cement prices.
A BUA Foods dealer revealed, “They notified us about the increase this week. All these prices are company prices.”
This unexpected shift has left consumers puzzled, as they had anticipated lower living costs after the cement price cut.
The BUA Group has not commented on the situation, leaving many awaiting an official response to understand the reasoning behind these price adjustments.