NEWS: Cement: Skyrocketing Prices of Building Materials Put Homeownership Out of Reach for Many Nigerians

Cement: Skyrocketing Prices of Building Materials Put Homeownership Out of Reach for Many Nigerians

After stabilizing around N7,500 per 50kg bag, the price of cement went up to N8,500 a few weeks ago, depending on the brand and regionFrom N4,500 at the beginning of the year, findings have shown that the commodity’s price has risen by nearly 100% since JanuaryIn addition, the price of blocks, iron rods or reinforcement, kitchen doors, and steel doors, among other materials, have increased significantly

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy,…

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