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.
Stakeholders re-echo FG’s concern on high cement prices
To forestall abuse and practices that cause building collapse as well as encourage adoption of cement for road construction, stakeholders in the built sector have asked cement manufacturers to reduce the price of the commodity.
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
Raising Cement price as buffer to Forex, production cost
Except for a modest improvement in March this year, Nigeria’s Purchasing Managers Index – which measures the health of the manufacturing sector – has fallen consistently since December 2015.
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.
Local content: Cement manufacturers seek policy framework on concrete pavements
The cement manufacturers, mainly Lafarge Africa Plc and Dangote Cement Plc, noted that adopting new solutions for road constructions can save the nation at least over $1 billion yearly on failed road projects.