Cement Producers Association of Nigeria has said the price of cement could rise from N5,000 to N9,000 due to the Federal Government’s decision to replace conventional asphalt with concrete to construct roads.
The National Chairman of the body, David Iweta, and the National Secretary, Reagan Ufomba, in a statement on Monday, said without proactive steps, the decision could lead to a significant increase in the price of cement during the dry season, which is between December to March.
“Our findings from various parts of the country show that cement sells for as high as N6000 per bag in the rainy season.
