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Low production pushes up cement price by 35%

Punch Newspapers Sections Femi Asu, Ife Ogunfuwa and Temiloluwa O’Peters  The inability to meet market demand for cement coupled with low production volume by major cement companies in Nigeria have driven prices up by 35 per cent. An investigation by The Punch indicated that a 50kg bag of cement, which cost between N2,400 and N2,600 as of September this year now sells for N3,500. Stakeholders attributed the recent hike in price which started in October this year to insufficient supply of the product that resulted in artificial scarcity. It was gathered that though the price of cement from the factories had not changed, retailers and distributors were profiting from the poor supply by increasing prices.

Nigeria
Lagos
Abdul-rabiu
Temiloluwa-opeters
Oluwademi-babalola
Felizab-global-services
Lafarge
Femi-asu
Ife-ogunfuwa
Lead-partner
Felizab-global-services-limited
Dangote-cement

NIN: Confusion as Nigerians storm NIMC centres, shun COVID-19 rules

NIN: Confusion as Nigerians storm NIMC centres, shun COVID-19 rules Kindly share this story: Subscribers at the National Identity Management Commission office, Alausa, Lagos office of the commission…on Monday. Photo: @prinzgbemi • Government extends SIM linkage to NIN deadline till January Our Correspondents There was confusion at the National Identity Management Commission offices across the country on Monday as Nigerians thronged registration centres to obtain their National Identity Numbers. The PUNCH correspondents, who monitored registration centres in  Lagos, Plateau, Kano and Gombe states as well as the Federal Capital Territory, observed that people struggling to register disregarded COVID-19 preventive measures with many of them pushing one another.

Abuja-federal-capital-territory
Nigeria
Jalingo
Taraba
Lagos
Karu
Kaduna
Badagry
Federal-capital-territory
Plateau-state
Plateau
Gombe

MTN imports 14,000 devices for NIN registration

Punch Newspapers Sections Ife Ogunfuwa with agency report MTN says it has ordered 14,000 new devices to enrol and capture National Identity Numbers. The devices, it said, are expected to arrive in Nigeria in two weeks. The telecom company during an investors call on Thursday told shareholders that the Federal Government had granted MTN and other operators a licence to register the identities of Nigerians, Bloomberg  reported. “This will enable us to enrol NINs on behalf of the National Identity Management Commission and validate information against their database, incoming MTN Nigeria CEO, Mazen Mroue, said on an investor call. “It is a licence and capability we have been seeking for some time,” Mroue said.

Nigeria
Nigerian
Nigerians
Ferdi-moolman
Mazen-mroue
Ralph-mupita
National-identity-database
Bloomberg
National-identity-numbers
National-identity-management-commission
Nigerian-communication-commission
Risk-office

Nigeria records 5,809 COVID-19 cases in 10 days, NMA predicts NIN spike

Nigeria records 5,809 COVID-19 cases in 10 days, NMA predicts NIN spike Our correspondents The Nigerian Medical Association on Thursday said that the Nigerian Communications Commission’s fresh directive on   the national identification number  could lead to a spike  in COVID-19 cases. The NCC had on Tuesday directed telephone companies to deactivate telephone lines of users who failed to link their NIN to subscribers’ identification modules within two weeks. Findings by one of our correspondents showed that the country had witnessed an increase in COVID-19 cases as 5,809 people were infected between December 7 and December 16. Advising Nigerians on gatherings at the NIN registration centres, the NMA  President, Professor Innocent Uja in an interview with The PUNCH, said more people could be infected at the NIN centres if they disregarded safety protocols.

Lagos
Nigeria
Makurdi
Benue
Benue-state
Nasarawa
Sokoto
Ogun-state
Ogun
Federal-capital-territory
Abuja-federal-capital-territory
Mosan

Economy can't survive second lockdown, MAN, LCCI warn – Punch Newspapers

Punch Newspapers Sections Our Reporters The Manufacturers’ Association of Nigeria, the Lagos Chamber of Commerce and Industry and other groups have warned that Nigeria’s fragile economy cannot withstand another lockdown. MAN, the LCCI, and others, in separate interviews  with The PUNCH,  called on Nigerians to adhere to COVID-19 preventive measures to prevent another lockdown. The groups gave the warning just as a Justice of the Supreme Court, Justice Ibrahim Saulawa, on Tuesday disclosed that the Chief Justice of Nigeria, Justice Tanko Muhammad, had tested positive for COVID-19. Recall that following increase in COVID-19 cases in April, the Federal Government imposed lockdown in Lagos and Ogun states as well as the Federal Capital Territory.

Katsina
Nigeria
Lagos
Malaysia
Dubai
Dubayy
United-arab-emirates
United-kingdom
Lagos-state
Katsina-state
Federal-capital-territory
Abuja-federal-capital-territory

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