Daily Trust - Cement price hike unsettles contractors, masses
A bag sells for N3,700 in Abuja, N4,500 in other places Checks by Daily Trust shows that a bag of cement sells for N3,700 in Abuja and N4,500 in other parts of the country. This is even as the raw materials used in its production are available in the country. Nigeria is said to be the largest manufacturer of cement in West Africa, and arguably in Africa, yet the price of this essential commodity in the construction and building industry has continued to rise, especially this year. A recent market survey by Daily Trust in Abuja, Nasarawa, Kaduna and Niger states revealed that a 50kg bag of cem...
Source: dailytrust.com