The Minister of Housing and Urban Development, Arc Ahmed Dangiwa, expressed concern over the manufacturers’ decision to raise the price of a bag of cement from about N5000 to N10,000 within two weeks. The manufacturers proposed to reduce the price to N7000 if the government addressed their concerns, which include the poor state of roads across the country and the increasing cost of gas.
However, the Minister dismissed these arguments, pointing out that the raw materials for cement production, such as limestone, clay, silica sand, and gypsum, are sourced within the country and should not be dollar-rated. He also noted that the increase in the price of cement is unacceptable and unreasonable.
The Minister stated that if the government decides to open the border for mass importation of cement, the price would crash, but local manufacturers would be gravely affected.
Anything to alleviate the suffering of the masses
ReplyDeleteMisplaced priority. Mtcheeeew
DeleteGood reasoning should prevail here. I'm not in support of cement importation. Manufacturers should know what to do and do it accordingly.
ReplyDelete© TEEJAY
Solving problems with more problems is not the way to go. We're complaining of excess import, you're looking for ways to import more. Why not take the necessary measures so that our own cement prices will come down.
ReplyDeleteThank you. When cos bof product is now x5, they expect the price to remain the same? How much is dollar to Naira against? How much is fuel to transport the cement from factory to customers against? Yeye dey smell. People are hungry, you guys are shouting cement, na cement dem go chop?
DeletePrice of gas is global and Togo and Benin have far worse roads. The manufacturers and government need to sit down once again. Nigeria cannot afford to continue to subsidize profits in the region.
DeleteSo how will the imported ones be cheaper? cement should be one of the cheapest things in this country, all of the raw materials are locally sourced, nothing is imported. Dangote lease in obajana where they're getting limestone is 100 years and I heard they are yet to mine a percentage of the limestone there. Ina lo ma jo gbogbo yin
ReplyDeleteImporting the cement, will this be good move? Their concerns should be looked into and solution proffered.
ReplyDeleteThey should rather open the border for rice importation
ReplyDeleteIf they go that route they must test quality because the last thing the building industry needs is substandard cement circulating in the market.
ReplyDeleteLet's wait and see.
ReplyDeleteWe have always known you leaders to be a toothless dog
Its all talk man
DeleteImport cement with which dollars? But to be frank what dangote and co are doing is just pure wickedness. Nothing justifies the cement price increase. Nothing.
ReplyDeleteI don't even know why we can't just get it right
ReplyDelete🤔🤔🤔🤔🤔
ReplyDeleteDangote is taking his money to heaven, very greedy human being. Cement should not be this expensive.
ReplyDeleteBetter.
ReplyDeleteThe local manufacturers have been playing with our intelligence for a long time. We were urged to buy indigenous products to help the naira, however it appears that our producers are selfish and using the falling currency as an excuse. For heaven's sake, lime stone is not imported!
ReplyDeleteA bunch of evil people.
Na we dey do ourselves for this Naija.
We don't want substandard cement and we don't want a situation where jobs and internally generated wealth disappears. We also cannot afford to continue to bear costs of other nations where the price of cement is cheaper. They need to go back and have another discussion.
ReplyDelete