Opinion
FG And Cement Price Reduction
Recently, the President of the Federal Republic of Nigeria, Dr. Goodluck Jonathan met with business moguls who deal in cement production in Lagos, to discuss how to bring the price of cement down. The outcome of the parley was seen to be positive step in the right direction, especially now that the price of cement is an enemy to the average Nigerian who wants to own a house.
Indeed, 30 days duration was given by the president to cement manufacturers and dealers to see how to sell off the old stock to avoid huge losses when government comes with the new stock.
Nigerians are still watching and waiting for the long awaited expectation and hope for a better Nigeria.
In housing development, cement is a major material that can never be done away with. And so, the clarion call by the Federal Government has sent a strong signal of hope to Nigerians who were suffering in silence. A man without any shelter is not seen as a normal man. And that was why the Federal Government was applauded immediately the purpose of the meeting was made known to the public.
Cement production and circulation had become a major concern to the Federal Government as the product could not get to the buyers because of exorbitant price of cement. A bag of cement was sold at N2,500 in some parts of the country. A question could be asked, how many Nigerians can afford N2,500 for a bag of cement? It is worrisome. The bold step by the government, if implemented in the country, will foster housing development.
The estate developers need cement to do their job. If too much money is spent on cement, it will affect the cost of the building.
Before the year 2000, there was this policy by the Federal Military Government, headed by Gen. Sani Abacha, tagged ‘Housing-of-all by the year 2000.’ Indeed, year 2000, has come and gone, and Nigeria is yet to achieve 30 per cent of the policy, years after. That is why every right thinking Nigerian must support President Goodluck Jonathan for this first step of solving housing problem in the country.
The companies in charge of cement manufacturing must adhere to the agreement made during the parley in Lagos. As of 2010, Malaysia had 40 million population and 40 million houses for her population. What a wonderful achievement for a nation? There is need to support the good move of the government to achieve the vision of this administration. Most of the infrastructural developments in Nigeria need cement. Therefore, cement must be made available to the reach of Nigerians.
The unprecedented pronouncement by the president agitated Nigerians whose aspiration of housing was in a state of comatose. Now, the vision has been rejuvenated by the action of the president. Those who hoard cement to create artificial scarcity should, as a matter of national interest, desist from it. Indeed, most of the houses in the suburbs are made of shanties.
There is need for the Federal Government to enforce that which has been pronounced for the masses to have confidence in the government. In some states like Rivers and Delta the price of cement now fluctuates between N1,700 and N1,900. But even that is still very high. Moulded blocks that used to cost between N40 and N60, now go for between N100 and N120. This is also too high. There should be an establishment of enforcement agency on the price control of cement in Nigeria.
In other words, government must give full support to the manufacturing or production of cement in Nigeria. When that is done, government can exercise such right on cement.
In today’s world, no man lives in caves, even the Eskimos no longer live in caves. That is why the action of the government is welcome by many Nigerians. Nigeria is one of the fast growing nations in the world. And housing must be seen as major priority by the government. Today, some Nigerians pay house rents without asking question why the sudden increase of house rent?
This is already a dispensation of hope for the people. No Nigerian wants to have a shattered hope again about the policies of the government both from the local to the federal government. In every democratic government, when a president makes a proclamation, it is obeyed to the later. And Nigeria should not be an exception. The statement of any president is held in high esteem.
Our president has said that the price of cement should come down within 30 days. Every act of sabotage should be resisted and frowned at to ensure that we meet the said goal of the government.
Cement companies and dealers should, as a matter of utmost importance, support the government to reduce the price of cement. When this is done, there will be massive infrastructural development in the country.
Ogwuonuonu, a public affairs analyst, resides in Port Harcourt.
Frank Ogwuonuonu
Opinion
Man and Lessons from the Lion
Opinion
Marked-Up Textbooks:A Growing Emergency
Opinion
Humanity and Sun Worship

-
Sports4 days ago
Sosa Pledges To Support Dolphins Swimming League
-
Oil & Energy4 days ago
FG Inaugurates National Energy Master Plan Implementation Committee
-
News4 days ago
Tinubu, Atiku, Others To Attend Ladoja’s Coronation As Olubadan, Friday
-
Sports4 days ago
Iwobi Stars As Fulham Overcome Brentford
-
Maritime4 days ago
Ogbe Urges Nigerian Coys To Seek Deep Water Opportunities
-
Sports4 days ago
Ex-3SC player Laments over ‘unfulfilled promises’ by Oyo State
-
Business4 days ago
Lawmakers Move To Grant NBS Financial Autonomy, Plans National Tax Trust Fund
-
News4 days ago
UNGA 2025: FG Targets Empowerment Of 10 Million Women