• Okada Riders Abandon Their Motorcycles to Steal Cement After Fatal Truck Accident (Photos)

    Okada Riders Abandon Their Motorcycles to Steal Cement After Fatal Truck Accident (Photos)

    Shameless okada riders have been caught on camera stealing bags of cement after a truck had a fatal accident.

    A fatal road accident has occurred along the Jinja-Iganga highway in Uganda involving a cement truck carrying about 600 bags of cement.

    A cyclist died and two others were seriously injured in the fatal accident. However, things took a bleak form as some Okada riders were seen rushing to the scene of the accident to cart away bags of cement.

    Many of […]

  • Block moulders begin strike over cement, granite price hike

    Block moulders begin strike over cement, granite price hike

    Block moulders in the country on Monday commenced strike over the latest increase in the prices of cement, granite and other construction materials.

    The moulders also hinted about plans to raise the prices of their products unless the prices of cement and other moulding materials were immediately reversed.

    The President, National Association of Block moulders of Nigeria, Alhaji Rasco Adebowale, who confirmed the development, said the strike would last for five days.

    This, he added, was to enable members of the association to […]

  • Forex: Cement price skyrockets nationwide

    Forex: Cement price skyrockets nationwide

    A bag which hitherto sold for about N1, 600, now sells for N2,200 and above.

    2nd Vice President, Nigeria Institute of Building (NIOB), Mr. Kunle Awobodu attributed the increase to the cost of production and the devaluation of the naira.

    He noted that the cost of construction would increase, while many would avoid embarking on new projects.

    Awobodu said: “Clients, contractors and quantity surveyors may have disagreements due to price variations. New price on old contracts in a competitive bidding may eventually lead […]

  • Dangote Cement revenue increases by 20 percent, rises to N292bn

    Dangote Cement revenue increases by 20 percent, rises to N292bn

    Dangote Cement Plc has reported a revenue of N292 billion in the second quarter of 2016, indicating an increase of 20 percent over N242 billion posted in the corresponding period in 2015.

    According to the reports filed with the Nigerian Stock Exchange (NSE), the company’s profit for period stands at N106.3 billion representing a decline by three percent from N123.1 billion declared a year earlier.

    In a statement on Friday, Onne Van der Weijde, chief executive officer of the cement company, said: […]

  • Weird!!! Construction worker using teeth to lift bag of cement … see photos

    Weird!!! Construction worker using teeth to lift bag of cement … see photos

    First of all, do you know how much a bag of cement weighs? This worker at a construction site carried a bag of cement with his teeth..I bow my cap oo Mr Hulk Smash! Lol

    Checkout his steps, how he first lifted the cement in the first photo, then check the second photo and finally the third one. I’m still left speechless here. Nice try