• Cement price rises to N2,300

    Cement price rises to N2,300

    The price of cement yesterday rose to between N1,200 and N1,300 in Lagos and other parts of the country.

    Before the hike, a bag of cement costs about N1, 600 marking over 35 per cent rise in the cost of the raw material used in the building and construction industry.

    Reacting to the development, 2nd Vice President Vice President, Nigeria Institute of Building (NIOB), Mr. Kunle Awobodu said the increase may have been as a result of cost of production and the […]