Local News

Benue residents: We’re pained over increase in cement price

End users of cement in Benue State have decried the sudden increase in the price of the product from N5,500 to N8,000.

 

They made their feelings known in an interview on Wednesday in Makurdi.

 

According to one of them, Mr James Toryila, the astronomical increase in the price of cement is not genuine, stressing that sellers of the product only want to take advantage of the vulnerable economy to make huge profits.

 

“You cannot tell me that between last week and this week, the cost of producing cement increased to warrant this high price.

 

“What is happening to our economy is worrisome. The Nigerian economy has not been this bad,” Toryila said.

 

Another user, Mr Simon Adzende, condemned the sharp increase in the price of the product, describing it as shocking.

 

Adzende said it would discourage low-income earners from embarking on any building project.

 

He called for the urgent intervention of the government, to save the country’s economy from total collapse.

 

A resident, Mr Oche Onah, who said that he bought the product on Monday at the rate of N7,500, expressed shock that cement had gone up to N8,000 on Wednesday.

 

Mr Ternenge Shima, a cement trader, however, said that the increase was gradual and not so sudden as most buyers were claiming.

 

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

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