• About us
  • Advertise with us
  • Privacy Policy
  • Contact us
Monday, September 8, 2025
  • Login
Envision Nigeria
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    FCT Police command confirms suspected suicide case in Abuja

    FCT Police command confirms suspected suicide case in Abuja

    Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

    Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

    Bank customers complain over incessant charges, want action from BCAN 

    Bank customers complain over incessant charges, want action from BCAN 

    Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

    Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

    No subsidy in oil, gas sector – NMDPRA

    No subsidy in oil, gas sector – NMDPRA

    Nigeria’s new passport fees spark outcry, mixed experiences

    Nigeria’s new passport fees spark outcry, mixed experiences

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Bayern Munich agree £70.5m deal to sign Chelsea’s Jackson

    Bayern Munich agree £70.5m deal to sign Chelsea’s Jackson

    World Championship: Team Nigeria Athletes complete Gene Test

    World Championship: Team Nigeria Athletes complete Gene Test

    Yusuf Alli gives reasons why 15 athletes will represent Nigeria at Tokyo 2025 World Championships

    Yusuf Alli gives reasons why 15 athletes will represent Nigeria at Tokyo 2025 World Championships

    South Africa coach condemns Toyota Stadium in Bloemfontein for World Cup qualifier  against Super Eagles

    South Africa coach condemns Toyota Stadium in Bloemfontein for World Cup qualifier  against Super Eagles

    Super Eagles kick off Uyo Camp ahead of 2026 World Cup qualifier against Rwanda

    Super Eagles kick off Uyo Camp ahead of 2026 World Cup qualifier against Rwanda

    Djokovic beats Jan-Lennard Struff to reach US Open quarter-finals

    Djokovic beats Jan-Lennard Struff to reach US Open quarter-finals

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    FG unveils genomic strategy, prepares for AMR 2026

    FG unveils genomic strategy, prepares for AMR 2026

    How malaria affects human development

    How malaria affects human development

    Steps towards a successful career in events planning without breaking the bank

    Steps towards a successful career in events planning without breaking the bank

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    FCT Police command confirms suspected suicide case in Abuja

    FCT Police command confirms suspected suicide case in Abuja

    Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

    Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

    Bank customers complain over incessant charges, want action from BCAN 

    Bank customers complain over incessant charges, want action from BCAN 

    Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

    Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

    No subsidy in oil, gas sector – NMDPRA

    No subsidy in oil, gas sector – NMDPRA

    Nigeria’s new passport fees spark outcry, mixed experiences

    Nigeria’s new passport fees spark outcry, mixed experiences

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Bayern Munich agree £70.5m deal to sign Chelsea’s Jackson

    Bayern Munich agree £70.5m deal to sign Chelsea’s Jackson

    World Championship: Team Nigeria Athletes complete Gene Test

    World Championship: Team Nigeria Athletes complete Gene Test

    Yusuf Alli gives reasons why 15 athletes will represent Nigeria at Tokyo 2025 World Championships

    Yusuf Alli gives reasons why 15 athletes will represent Nigeria at Tokyo 2025 World Championships

    South Africa coach condemns Toyota Stadium in Bloemfontein for World Cup qualifier  against Super Eagles

    South Africa coach condemns Toyota Stadium in Bloemfontein for World Cup qualifier  against Super Eagles

    Super Eagles kick off Uyo Camp ahead of 2026 World Cup qualifier against Rwanda

    Super Eagles kick off Uyo Camp ahead of 2026 World Cup qualifier against Rwanda

    Djokovic beats Jan-Lennard Struff to reach US Open quarter-finals

    Djokovic beats Jan-Lennard Struff to reach US Open quarter-finals

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    FG unveils genomic strategy, prepares for AMR 2026

    FG unveils genomic strategy, prepares for AMR 2026

    How malaria affects human development

    How malaria affects human development

    Steps towards a successful career in events planning without breaking the bank

    Steps towards a successful career in events planning without breaking the bank

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
Envision Nigeria
No Result
View All Result
Home In the News

Developers reject N8,000 cement price

Ademola Damilola by Ademola Damilola
February 21, 2024
in In the News, News
0
Developers reject N8,000 cement price
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Developers in the construction industry have rejected the agreement reached between the Federal Government and cement manufacturers to reduce the prices of cement to between N7,000 and N8,000. The President of the Real Estate Developers Association of Nigeria, Dr. Aliyu Wamakko, expressed dissatisfaction with the reduction, stating that it is not beneficial for the economy. He argued that the CEO of BUA Cement, Abdul Samad Rabiu, had promised a reduction to N3,500 by January 1, 2024, and questioned the necessity of a higher price.

Wamakko emphasized the local sourcing of most cement components and advocated for a reduction to N5,000 for any meaningful impact on addressing the country’s housing deficit. He warned that prices above N5,000 would lead to incomplete building projects across the country.

Other industry experts also criticized the negotiated price reduction. Toye Eniola, the Executive Secretary of the Association of Housing Corporation in Nigeria, condemned the negotiation, stating that the proposed prices are not affordable for the poor, widening the housing deficit gap. He urged a return to local building materials and the exploration of alternative materials researched by the Nigerian Building and Road Research Institute.

Sola Enitan, CEO of Cromwell Professional Services International Limited, expressed dissatisfaction with the reduction, predicting potential adverse effects on the rental market in the later part of 2024 and 2025. He suggested that the government should build without using cement or use it sparingly to make cement manufacturers feel the pinch.

Jide Odusolu, CEO of Octo5 Holdings, questioned the earlier promise made by BUA Cement to sell cement at N3,500 per bag. He called for a mechanism to benchmark gas for local use in naira, emphasizing the need to move from reliance on bagged cement to producing concrete.

On Monday, cement manufacturers agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide.

Previous Post

Shelve your planned protests, DSS urges labour leaders

Next Post

JUST IN: Tinubu appoints Nandap as new Immigration CG

Ademola Damilola

Ademola Damilola

Next Post
JUST IN: Tinubu appoints Nandap as new Immigration CG

JUST IN: Tinubu appoints Nandap as new Immigration CG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
FG commences electronic verification for military veterans February 19

FG commences electronic verification for military veterans February 19

February 15, 2024
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

February 20, 2024
BREAKING: FCT Minister’s residence gutted by Fire

BREAKING: FCT Minister’s residence gutted by Fire

February 25, 2024
Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

February 11, 2025
Culture making Africans intolerant of blessings for same-sex couples – Pope

Culture making Africans intolerant of blessings for same-sex couples – Pope

1
CBN lacks power to receive NNPCL crude sales – Atiku

CBN lacks power to receive NNPCL crude sales – Atiku

1
Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

1
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

1
FCT Police command confirms suspected suicide case in Abuja

FCT Police command confirms suspected suicide case in Abuja

September 8, 2025
Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

September 8, 2025
Bank customers complain over incessant charges, want action from BCAN 

Bank customers complain over incessant charges, want action from BCAN 

September 8, 2025
Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

September 8, 2025

Recent News

FCT Police command confirms suspected suicide case in Abuja

FCT Police command confirms suspected suicide case in Abuja

September 8, 2025
Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

September 8, 2025
Bank customers complain over incessant charges, want action from BCAN 

Bank customers complain over incessant charges, want action from BCAN 

September 8, 2025
Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

Afrinvest at 30: Unveils 20th banking report to boost $1trn economy

September 8, 2025
Envision Nigeria

Envisionnigeria. com.ng is an on-line publication established to give expression to Article 19 of the Universal Declaration of Human Right. It is an apolitical community of Journalist and Global citizens committed to making the World a better place.

Follow Us

Browse by Category

  • Apps
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Evironment
  • Fashion
  • Feature
  • Food
  • Foreign News
  • Gadget
  • Gaming
  • Health
  • In the News
  • Interview
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • Politics
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • World

Recent News

FCT Police command confirms suspected suicide case in Abuja

FCT Police command confirms suspected suicide case in Abuja

September 8, 2025
Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

Security: Gov Mbah moves to strengthen forest guard, raises minimum pay to N80,000

September 8, 2025
  • About us
  • Advertise with us
  • Privacy Policy
  • Contact us

© 2024 Envision Nigeria Publications & Communication Limited

No Result
View All Result

© 2024 Envision Nigeria Publications & Communication Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In