Nigerians call for price control policies in construction sector as Cement Price spikes 67% in South Eastern states

Enugu, April 19, 2021 Prices of cement has increased by 67 per cent in the South East states of Abia, Anambra, Ebonyi, Enugu and Imo, the News Agency of Nigeria (NAN) reports.
A market survey conducted by NAN at various wholesale and retail shops in the zone shows that the price of the product has increased almost by double when compared to the price in 2020.
A cement dealer at Kenyetta Market in Enugu State capital, Mr Ifeanyi Amadi said the increase in the product’s price started last year due to the COVID-19 pandemic and increase in dollar exchange.
He noted that a trailer load of Dangote cement with 600 bags initially sold at N1.5 million in 2020 but is now N2.3 million in the first quarter of 2021.

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