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Cement: Developers Reject New Proposed N8,000 Price

Alex Ogbonnaya2 years ago2 years ago03 mins

Developers in the building industry have rejected the agreement reached between the Federal Government and cement manufacturers. At the meeting, it was resolved that prices of cement will be reduced to betweenN7,000 and N8,000. President of the Real Estate Developers Association of Nigeria, Dr. Aliyu Wamakko, said the reduction was not good for the economy….

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FG Threatens To Open Borders If Cement Manufacturers Do Not Adjust Price

Alex Ogbonnaya2 years ago2 years ago07 mins

The Federal Government has described the rising cost of cement in Nigeria as unacceptable and threatened to open the borders in order to force down the price of the product. The Minister of Housing and Urban Development, Ahmed Dangiwa, who issued the warning on Tuesday, said key components of cement manufacturing were locally sourced and…

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