ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home National

Residents express concern over high cost of cement, blame manufacturers

15th April 2021
in National
0
Cement price drops in Enugu
Share on FacebookShare on Twitter

 Some residents of Kano and Katsina States have blamed cement manufacturers over the prevailing scarcity and high cost of cement nationwide.

Some of the residents told the News Agency of Nigeria (NAN) that the situation had affected building projects and left bricklayers redundant.

Alhaji Kabiru Idi, a building contractor, said he had delayed some of his projects due to high cost of building materials.

“I want to continue but I had to stop because of the high cost of building materials, including cement, ” he explained.

According to him, a bag of cement which cost between N2,650 and N2,750 in 2020 is now sold for N3,650 and N3, 750.

Idi added that the situation had forced many people to change their construction plans or suspend the project.

Another contractor, Suraj Najeem, said said that he had to review a contract he had with a company because of the high cost of materials particularly cement.

Najeem explained that some block industries had since reduced the quality of their blocks in an attempt to make profit.

Ado Bala, who is building his personal house at Medile area of Kano, said he had taken a break due to high cost of cement and other building materials.

“The government needs to find a way to help us, so that the poor can own their houses,” he said.

Bala said a six-inch block, which was sold between N110 and N120 is now sold for N130 and N140 while a nine-inch block is sold at N180 and N190, as against N160.

Musa Saleh, a cement dealer, attributed the rise in the price of cement to scarcity of the product.

“Some shops were without a single bag of cement due to the fluctuation in price and scarcity of the product,” he said

Sale also accused some of the cement companies of creating artificial scarcity, alleging that the products are being diverted to neighboring countries.

In Katsina, retailers selling a bag of cement at N2,600 before the outbreak of COVID-19 pandemic, now sell it at between N3,500 and N3,700.

The retailers blamed the situation to the scarcity of the product, alleging that major cement manufacturers had reduced their production.

According to them, major manufacturers involved are Dangote, BUA and Sokoto cement.

Alhaji Abubakar Aminu, a cement dealer in Katsina, claimed that the companies had cut down their production during the COVID-19 lockdown and since then, the supply and price have remained unstable.

Aminu said that some of the companies had adopted new policies that made access to the product difficult for most cement dealers.

According to him, Dangote, which is the major cement producer in Nigeria, now sell cement only to major dealers, unlike before when the company deal with both major and small dealers.

“In the past, what you need to do is to open an account with the company and deposit money for few trucks of cement depending on your capacity.

“Before the outbreak of the COVID-19 pandemic, the price was stable and the product was available almost everywhere in the country.

“As a result of that policy, small dealers no longer have access to buying cement directly from the manufacturer.

“If you want to remain in business, you have to buy from major dealers who determine the market price.

“The major dealers sell it to small dealers above the original company price, while the small dealers sell it to consumers at a price higher than what was obtainable before,” he said.

He said that the manufacturers have not increased the price of the products in reality, but their new policies led to the present increase in the price of cement nationwide.

Aminu said that unless the companies reverse the policy, Nigerians would continue to buy cement at a high price.(NAN)

Tags: blame manufacturerscementconcern overexpresshigh costresidents
Cyril

Cyril

Related Posts

Police uncovers corpse of missing person in shallow grave
National

Police yet to react to alleged shooting at APC rally ground

31st January 2023
NNPC warns disabled protesters over siege on premises
National

NNPCL GGM assures INEC of fuel supply on election days

31st January 2023
Presidency mourns Yusuf, aide to State House perm sec
National

PDP’s celebration of fake news on Kano stone pelting of helicopter, sad – Presidency 

31st January 2023
Next Post
DG tasks newly appointed copyright ambassadors

DG tasks newly appointed copyright ambassadors

Jaiz Bank customer deposit hits N85bn

Jaiz Bank deploys NQR code flexible payment solutions 

JUST IN; IGP meets with strategic police commanders from south east over attacks on police formations, others

Breaking:IGP orders closure of Police  Monitoring Units offices in Lagos, Port Harcourt

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Delta invests N20 billion in gas project

Plateau: PPBA partners with media, creative industry on peaceful co-existence

INEC begins distributing non-sensitive election materials in Nasarawa

Ogun 2023: Abiodun campaigns in Ifo, commissions fire station

Ex-governor Makarfi vows to send APC packing from Kaduna

Emir of Dutse dies

Trending

Police uncovers corpse of missing person in shallow grave
National

Police yet to react to alleged shooting at APC rally ground

31st January 2023
0

From TONY JOHN, Port Harcourt Rivers State Police Command has not officially reacted to the alleged shooting...

NNPC warns disabled protesters over siege on premises

NNPCL GGM assures INEC of fuel supply on election days

31st January 2023
Presidency mourns Yusuf, aide to State House perm sec

PDP’s celebration of fake news on Kano stone pelting of helicopter, sad – Presidency 

31st January 2023
Delta invests N20 billion in gas project

Delta invests N20 billion in gas project

31st January 2023
Plateau: PPBA partners with media, creative industry on peaceful co-existence

Plateau: PPBA partners with media, creative industry on peaceful co-existence

31st January 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • Police yet to react to alleged shooting at APC rally ground
  • NNPCL GGM assures INEC of fuel supply on election days
  • PDP’s celebration of fake news on Kano stone pelting of helicopter, sad – Presidency 
  • Delta invests N20 billion in gas project
  • Plateau: PPBA partners with media, creative industry on peaceful co-existence
  • INEC begins distributing non-sensitive election materials in Nasarawa
  • Ogun 2023: Abiodun campaigns in Ifo, commissions fire station
  • Ex-governor Makarfi vows to send APC packing from Kaduna
  • Emir of Dutse dies
  • Delta: INEC schedules Feb 4 for mock BVAS testing
  • Igbo drama, Nwaanyi Ike, debuts on Africa Magic
  • Assets declaration key to public office accountability – FG
  • Old naira notes no legal tender status after Feb 10, CBN clarifies 
  • Fuel price hike: IPMAN gives dealers deadline to sell off old stock
  • Igbo drama, Nwaanyi Ike, debuts on Africa Magic
  • Rivers’ll punish PDP – Wike
  • Lagos auto dealer remanded in prison over wife’s death
  • Buhari appoints Awolowo, scribe of national action committee on AFCFTA
  • Benue 2023: Group flays media campaigns against APC governorship rerun
  • Nigeria ranks 150, maintains 24 points on corruption index 

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.