News
Bring Down Cement Price, FG Told
A former Governor of Lagos State, Alhaji Lateef Jakande, yesterday, urged the Federal Government to bring down the price of cement to make housing affordable to the masses.
Jakande made the call, while speaking with newsmen at the closing ceremony of the 11th Lagos Housing Fair.
He stressed that Nigeria was blessed with abundant raw materials for cement production.
“The cost of building materials, particularly cement, is unduly high. The price of cement should be brought down as we have abundant raw materials for cement production in the country,” he said.
Besides, Jakande called for more investments in housing delivery to ensure that all the citizens were able to have decent accommodation.
“I wish Nigeria will transform into a country where everybody has good accommodation,” said Jakande, who executed one of the most ambitious low-cost housing projects during his tenure as Lagos governor.
He commended the organisers of the Lagos Housing Fair and urged them not to relent in their efforts, as housing still remained a major problem facing Nigerians.
Mr Rufus Akinrolabu, whose company fabricated brick block-making machines, said that the fair would ginger the key players in housing sector to do more.
He stressed that the use of stabilised laterite to produce brick blocks for cheap and affordable houses would aid the fulfilment of housing delivery programmes.
Akinrolabu said that the utilisation of stabilised brick blocks in mass housing programmes by governments and private developers would help in reducing the cost of houses, while forcing down the price of cement.
Reports from Rivers State indicate that in some parts of Port Harcourt a bag of cement is sold for as high as N2,300. In Calabar, Cross River State, the price of cement which rose in February has remained high,
After rising to a peak of N2,000 a bag in January, it dropped to N1,700 the following month.
But since then, our investigation revealed that the price had hovered between N1, 700 and N1,800 for a bag in some areas of the city.
At 8 Miles, a suburb of the metropolis, a bag of cement is sold for N1, 800 while it goes for N1,750 at Ikot Ushie area.
At the building materials section of Watt Market, the city’s main market, a bag of UNICEM brand goes for between N1, 700 and N1, 750 for those buying large quantities.
Our correspondent also reports that the Dangote and UNICEM brands are the usual products sold by dealers in the city.
A cement dealer at Watt market, Mr Ndubuisi Egbo, said the current price of the product was high but added that it was tolerable when compared to the January rate of N2,000 per bag.|
“I believe the price is alright now because it has continued to slide and the product is available, which is an indication that the price may drop further,’’ he said.
The Tide recalls that in 2010, a bag of cement was sold for between N1,300 and N1, 400 throughout the year.
Mr Okon Ephraim, a bricklayer, said the price of the commodity had been stable for some months but regretted that the current price was still too high for the average resident.
“With this high price, it will be difficult for a poor man to build his own house,” he said.
Mr Emmanuel Akpan, a building contractor, told newsmen that the price was “ high and unbearable.”
News
FG Ends Passport Production At Multiple Centres After 62 Years

The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.
News
FAAC Disburses N2.225trn For August, Highest In Nigeria

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.
This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.
The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.
Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.
The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.
From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.
From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.
Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.
From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.
News
KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus
The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.
The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.
The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the Polytechnic, recently.
Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.
He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.
This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly, Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.
The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.
Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.
He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.
The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.
Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.
Chinedu Wosu
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