BUA Cement’s leadership says the high price of cement in Nigeria is mainly driven by rising energy and transportation costs, alongside other operating expenses linked to foreign exchange. In statements covered by both Premium Times and Vanguard, BUA’s chairman, Abdul Samad Rabiu, points to escalating costs as constraints on manufacturing and pricing. The company also indicates that fluctuations in foreign exchange contribute to overall cost pressures for cement producers. However, both outlets note that improving exchange-rate stability is beginning to ease some of these manufacturing and input-related pressures, even as other cost factors continue to affect pricing. Overall, the reports present BUA’s position that cement prices remain elevated because production and logistics costs increase faster than pricing can adjust, and currency-related costs continue to influence costs for inputs and business operations. The coverage does not provide alternative causes or countervailing views from regulators or competitors, focusing instead on BUA’s explanation for the current pricing level.