Cement manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide. However, the manufacturers stated that the price drop from the current market price would depend on the fulfilment of certain government interventions to ameliorate critical challenges faced in the indust...
•Bags of cement In a bid to stem the rising cost of cement and other building materials and enhance the delivery of affordable housing in Nigeria, the Minister of Housing and Urban Development, Ahmed Dangiwa has called for a meeting with manufacturers of Cement and other building materials in the country. The move is aimed […]
•Segun Ajayi-Kadir The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has regretted the exit of multinational consumer goods manufacturer, Procter & Gamble from Nigeria, saying that more manufacturers may follow suit. He said until the federal government takes clear redefined measures to address chal...
•Dr Doris Uzoka-Anite All is set for the disbursement of the N275 billion palliative support funds announced in July by President Bola Ahmed Tinubu, to mitigate the pains arising from the removal of petrol subsidy. Minister for Industry, Trade and Investment, Dr Doris Uzoka-Anite, yesterday said that two programmes under the multi-layered inte...
Manufacturers have expressed concerns as the price of diesel has risen to N1,275 per litre in Lagos and above N1,300 outside the state. The product is selling for N1, 270 per litre in Kano State and above that outside the metropolis, reports Daily Trust. This implies a 26 percent increase in the price of the […]
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