- Nigerian Institute of Building is calling on the government to intervene in the rising price of cement.
- The institution noted that the escalating price is occasioned by bad foreign exchange
- It wants the government to either subsidize or collaborate with the industry to reduce prices
The Federal Government needs to intervene and lower the price of cement in the nation, the Lagos Chapter of the Nigerian Institute of Building has said.
It announced the decision during a press conference held recently in Lagos in advance of the 32nd Builders Conference with the title, “Safe and Sustainable Building Production Management.