•Cooking gas cylinders A newly released report by the Nigerian Bureau of Statistics (NBS) has said the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas increased by 12 per cent from N4,589 in one year. The report titled ‘Liquefied Petroleum Gas (Cooking Gas) Price Watch (January 2024)’, said while the price […]...
•Bags of cement The rising cost of building materials is triggering abandoned projects, posing significant threats to the construction sector, and exacerbating the existing housing deficit gap, reports Sunday PUNCH. The recent surge in cement prices has reverberated throughout the real estate market, sparking an unexpected increase in property...
•Bags of cement Developers in the built industry have rejected the agreement reached between the federal government and cement manufacturers. At the meeting, it was resolved that prices of cement will be reduced to between N7,000 and N8,000. In an exclusive interview with our correspondent, the President of the Real Estate Developers Associati...
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...
•A queue at a gas refilling station in Abuja Nigerians in some parts of the country have resorted to using charcoal as the cost of Liquefied Petroleum Gas, otherwise known as cooking gas, has continued to skyrocket. This is just as the cost of charcoal has also risen owing to high demand, with some people […]
•Sunny Onuesoke Peoples Democratic Party (PDP) chieftain and former Delta State governorship candidate, Chief Sunny Onuesoke, has expressed anger over the astronomical hike in cement prices across the country. Consequently, he has appealed to builders to suspend whatever projects they are undertaking temporarily until the price of cement retur...
•Hilda Dokubo Nollywood diva cum politician, Hilda Dokubo, has called on Nigerians to be ready for a new way of life characterised by prolonged fasting and extensive trekking. In a video shared on her Instagram account on Thursday, accompanied by the caption, “Whilst we celebrate our victory, let us prepare for a new lifestyle of […]...
•El Al Israel Airlines Airline Operators of Nigeria, AON, has lamented what it termed existential threats, saying scarcity of Forex, skyrocketing price of Jet-A1, now N1,300 per litre and difficulty in acquiring aircraft due to country risk, among others, are some of the challenges faced by members. The operators, who called for urgent interve...
Consumers of bread in Rivers State may have to pay more, as the prices of the staple food will increase from February 7, 2024. Chairman of the Rivers State chapter of the Master Bakers Association of Nigeria, Dr Chidi Emmanuel, confirmed the price increase while speaking to newsmen after an emergency meeting of the association […]
•Tinubu and Court A Federal High Court, sitting at Ikoyi, Lagos today, Wednesday, February 7, ordered the federal government to fix the prices of goods and petroleum products within seven days. Justice Ambose Lewis-Allagoa granted the order sequel to an originating motion filed and argued by the applicant and human rights activist, Femi Falana...