By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Cement Price 69% Higher in Nigeria Than India – House of Reps
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > Cement Price 69% Higher in Nigeria Than India – House of Reps
News

Cement Price 69% Higher in Nigeria Than India – House of Reps

Godson
Last updated: May 8, 2024 4:51 am
Godson
Published: May 8, 2024
Share
SHARE

The House of Representatives Joint Committee investigating the arbitrary increase in the price of cement in Nigeria says the cost of the commodity is higher in Nigeria compared to what obtains in India and other African countries.

On March 13, 2024, the House resolved to investigate the incessant increase in the price of cement following the adoption of the motion co-sponsored by Gaza Gbefwi (SDP, Nasarawa) and Ademorin Kuye (APC, Lagos).

On February 13, the Federal Government and cement manufacturers agreed to peg the price of a 50kg bag of cement between N7,000 and N8,000.

At the public hearing on the subject matter on Tuesday, May 7 organized by the House Joint Committee in Abuja, the Chairman, House Committee on Solid Minerals, Gaza Gbefwi said;

“Our findings showed that the price of cement is 69 per cent higher in Nigeria than in India, 39 per cent higher in Nigeria than in Zambia and 29 per cent higher than in Kenya given the official exchange rate.”

You Might Also Like

Reactions As Peter Obi Shakes Hands With Tinubu At Peace Accord Signing (Photo)
Dayo Israel canvasses grassroots engagement, communication
Appeal court affirms Bello’s election as Kogi governor
Niger Junta leaders reportedly evacuate their Families to Dubai, Burkina Faso ahead of imminent ECOWAS intervention
Desmond Elliots re-elected as Lagos lawmaker

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • Singer Bella Thorne claims colleague Charlie Puth turned on her for not sl33ping with him
  • Aston Villa squad value: Where do Villans rank as Premier League rivals spend big?
  • I have turned to a single mother because I foolishly married a man that has sworn to spend his life abroad – Nigerian woman laments
  • Diogo Jota: Liverpool officially retire No. 20 shirt
  • Court sentences three to d3ath and life imprisonment for ritual k!lling of 16-year-old in Ogun

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?