Some youths in Benue State have been caught on camera as they loot a cement truck engulfed by fire. The youths were seen carrying bags of cement on their heads and moving them into a nearby bush. A viral video captured the moment when flames engulfed the vehicle while bystanders scrambled to loot its contents. […]
We will introduce legislation to check high cost of cement – Reps
The House of Representatives has assured that it would put legislation in place to checkmate the excessive hike in the price of cement. The Speaker of the House Tajudeen Abass stated this on Tuesday in Abuja at a public hearing on the investigation of the unabated rising cost of cement in Nigeria. He noted that […]
Probe diversion of N20bn intervention fund in Cement Technology Institute – Students tell EFCC
The National Association of Polytechnic Students, NAPS has called on the Nigerian federal government to investigate the management and Board of Trustees of the Cement Technology Institute of Nigeria, CTIN over the alleged diversion of N20 billion intervention fund meant for training of students and development of CTIN. NAPS national president, Muniru Opeyemi, made the […]
Cement prices decrease by 26% in Abuja
The price of cement decreased between 22 per cent and 26 per cent for a 50kg bag in the Federal Capital Territory within the last five weeks. A market survey conducted on Thursday by DAILY POST in Jabi, Area 10, Kubwa, Lugbe, Utako, Lifecamp and Gwarimpa showed the price of Dangote and BUA cement dropped […]
Cement Price: Nigerian lawmakers summon Dangote, BUA, others
Man in court for allegedly stealing 200 bags of cement
A 28-year-old man, Hammed Waheed, was on Thursday docked in an Iyaganku Magistrates’ Court, Ibadan, for allegedly stealing 200 bags of cement. Waheed of no fixed residential address is charged with conspiracy and theft. Earlier, the Prosecutor, Mr Philip Amusan, informed the court that Waheed and others, at large, committed the offense on February 21, […]
Senate to probe high cement prices
Senate to probe hike in cement, building materials prices
The Senate on Wednesday resolved to probe the increase in the prices of cement and other building materials in the country, just as it urged the Federal Government to allow the importation of the commodity as a stop-gap measure. Consequently, the Red Chamber directed its Committee on Industries, chaired by Senator Francis Fadahunsi (APC, Osun […]
Nigerian govt, major manufacturers agree on cement price
“Certain issues including smuggling, bad roads, high energy costs, and the forex crisis caused the high price but manufacturers have expressed their readiness to bring down the prices in future,” an official said. The post Nigerian govt, major manufacturers agree on cement price appeared first on Premium Times Nigeria. Powered by WPeMatico
BREAKING: Nigerian Govt threatens to open border for cement importation
The Federal Government has threatened to open the borders to enable cement importation if Nigeria’s cement manufacturers refuse to reduce the price of the commodity in the country. The Minister of Housing and Urban Development, Ahmed Dangiwa, who issued the threat on Tuesday, said key input materials for cement production such as limestone, clay, silica […]