FG Summons Cement Manufacturers Over Price Surge
Among those summoned by the Federal Government are prominent cement manufacturers such as Dangote, BUA, Lafarge, and others.
Read also:
Navigating The Booming Real Estate Market In Port Harcourt, Nigeria
Disadvantages Of Purchasing Off-Plan Projects
7 Reasons To Prioritize Home Inspections Before Purchase
Can A Boyfriend Reclaim Land Bought For Girlfriend After Breakup?
Key Points to Note
Recent reports indicate a steep rise in cement prices, with a bag costing between N8,000 and N10,000, compared to the previous range of N4,000 to N5,000.
In Abuja, prices have surged even further, reaching between N10,000 and N15,000 per bag amidst the current economic crisis.
Minister of Housing and Urban Development, Arc. Musa Dangiwa, has also expressed concern over the unprecedented increase in cement and other building material prices nationwide.
Dangiwa emphasized that blaming exchange rate fluctuations alone for the situation in the sector is inadequate and unacceptable.
Quick Links:
- Residential and commercial plots of lands
- 4-bedroom fully detached duplex with a room BQ
- Whiterose Cullinan Garden 4-Bedroom Apartment
- WELL DETAILED BRAND NEW 4 BEDROOM TERRACE DUPLEX
- 4 BEDROOM TERRACE WITH BQ, 3 & 2 APARTMENTS
- 3bedroom furnished and serviced terrace duplex
- Tastefully furnished and serviced 3bedroom apartment
- A Tastefully Finished 10 units Of 4bedroom Terrace Apartment
- 21.29 hectars of land with R of O at Idu Abuja
Similar Topics
US Election Race Intensifies: How Results Could Impact Nigeria’s Real Estate Market As the...
15 days ago Read MoreEquatorial Guinea Official Baltasar Engonga Ebang’s Video Sparks Controversy In recent days,...
15 days ago Read More
Nigeria’s digital real estate company, Sytemap, has raised concerns over the ongoing trust...
a month ago Read More
Governor Babajide Sanwo-Olu of Lagos State has urged for more investment to address the persistent...
a month ago Read More
Housing sector stakeholders have raised concerns that the rising interest rates in the country are...
a month ago Read More
Lagos State Governor, Babajide Sanwo-Olu, has emphasized the significance of innovation,...
a month ago Read More
The Association of Private Practicing Surveyors of Nigeria (APPSN), a subgroup of the Nigerian...
a month ago Read More
Nigeria has been admitted into WorldSkills International, marking a historic milestone in the...
2 months ago Read More
The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment...
2 months ago Read More
The National Board for Technical Education has inaugurated the Sector Skill Council for...
2 months ago Read More
The Environmental Defense Fund has partnered with Africa Practice to combat climate change in...
2 months ago Read More
The Minister of Housing and Urban Development, Ahmed Dangiwa, has reiterated the crucial role of...
2 months ago Read More
The Real Estate Developers Association of Nigeria has announced initiatives aimed at enhancing...
2 months ago Read More
The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under...
2 months ago Read More
The commercial real estate market is currently grappling with several major challenges, including...
2 months ago Read More
Real estate development is a key driver of economic growth in any region, and Africa is no...
2 months ago Read More
The Federal Government has signed a Memorandum of Understanding with Shelter Afrique...
2 months ago Read More
The Federal Government has issued a 90-day deadline for subscribers of the National Housing...
2 months ago Read More
The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway...
3 months ago Read More
A real estate firm, Gestpoint Nigeria Limited, has implored the Federal Government to simplify the...
3 months ago Read More