N9k Per Bag Cement Price Hike Imminent – Producers

“It won’t be N5k anymore,” Cement Producers Association of Nigeria gives reason for looming 80% price hike   The Cement Producers Association of Nigeria has warned that the price of cement would be hiked to N9,000 per bag from the current price of N5,000. Platforms Africa reports that the group blamed this on the Nigerian governmecu’s plans to introduce concrete roads across the country. It also called on the current administration to permanently address the perennial cement price hike problem by facilitating larger participation in the cement industry, noting that…

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