Cement dealers worry about scarcity, marginal increase in prices
Despite the lockdown announced by President Muhammadu Buhari recently to curtail the spread of dreaded coronavirus, COVID-19 in Abuja, Lagos and Ogun state, the price of cement
New coalition aims at zero emission
The World Economic Forum, the Global Maritime Forum, and Friends of Ocean Action has launched the ”Getting to Zero Coalition” with the goal of decarbonizing the international maritime shipping sector by 2030.
Slug slime may be better than stitches
Slug slime could create stronger glue to prevent scarring and infection in surgery, suggest scientists. The defensive slime is produced by a common garden slug. The Dusky Arion slug, which can grow up to seven centimeters long can be found in gardens across Britain - but it also produces a slime that can be used…
Cement, iron rod prices skyrockets in building markets
Again, the hope of better days ahead for would-be homeowners and developers in the construction sector, may have been dashed following another rounds of increase in prices of cement and iron rods in the country. The latest increase in prices of the products has sent shivers on the shoulders of buyers, leading to low patronage…
FG pushes for lower cement price, adoption of concrete roads
The Federal Government has called on cement manufacturers to consider reducing the price of the commodity in order to improve local consumption for various infrastructural projects, even as they continue to build their export capacity. Nigeria’s Vice President, Prof. Yemi Osinbajo, argued that cement price can be cheaper if per capita consumption increases through adoption…
SON, stakeholders begin review of cement standard
Four-years after the Federal government approved new cement standard for the producers, the Technical Committee set by the Governing Board of the Standard Organization of Nigeria (SON) is again reviewing the quality of the products. The grade-strengths of cement production existing in Nigeria have been NlS 444-1, which was adopted as composition and conformity criteria…
Developers, firms in dilemma over rising building materials’ cost
For instance, cement price, which increased from N1500 to N2,350, has now gone up to N2,600 in Lagos area; the cost of rod has skyrocketed from N170, 000 per ton to N300, 000 and
Hike in cement price will compound housing deficit - dealers
Two cement dealers in Umuahia have expressed concern over Monday's sharp increase in the retail price of cement, saying that it would compound the housing deficit in the country, if not checked.
Cement market stability
This massive investment by Dangote Cement and a few others may have been responsible for the relative price stability and availability in the last two years, despite the spiraling inflation.