Jonathan Nwokpor
Ahmed Dangiwa, the Minister of Housing and Urban Development, has lamented the nation’s escalating building material prices.
The Minister stated that he plans to speak with producers of cement and other national suppliers of construction supplies.
He asserts that the problem must be addressed.
The Minister made these remarks when a team from the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), the Nigeria Employers Consultative Association (NECA), and the Federal Mortgage Bank of Nigeria (FMBN) paid him a courtesy call at his Abuja office.
“It is disheartening to see how much Nigerians have to pay for essential building commodities like cement, with the prices rising almost on a daily basis.
“I don’t understand the reason for this increase, and it is not acceptable.
“I am going to be meeting with these manufacturers soon, so that they can explain to Nigerians their reasons for such incessant hikes. I know that the cement producers source their raw materials in Nigeria.
“The limestone, clay, silica sand, gypsum, iron ore, and the rest. These minerals abound in Nigeria and these manufacturers get them here, so there is no justification to try and blame it all on the rise of dollar,” he argued.
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