Business
Cement Price Goes Up Again
The price of cement, one of the prime building materials has gone high in the last few days, forcing some who needed the commodity to end up taking fewer to carry on their various projects.
The Tide has gathered that in the first and early second weeks of December 2011, cement prices had ranged between N1,800 and N1,900.
It was gathered that the new price regime of between N2,400 and N2,300 began towards the end of the second week of December.
Speaking to The Tide while answering questions on the new price regime of 50kg bag of cement product, a cement merchant and dealer in building materials in Port Harcourt, Mr. Livingston Eze said that up till Tuesday in the second week of December, he was still selling cement at the rate of N1,800 and N1,900.
He said that price changed when on Wednesday of that week, he could not get supply, which compelled him to take steps to get his supply, which he said was at a higher cost.
Mr. Livingston whose business operation is based along the East-West road axis is of Port Harcourt said “right now I sell a bag of Eagle Cement at N2,300, while the Bua Cement and others are N2,200.
Another dealer, whom The Tide cornered on the said price regime, Michael Amadi opined that the charge in the price of cement was not a surprise to him because he had envisaged it, additing that it might still go up if nothing was done, because the season for demand has set in.
Michael therefore urged the Federal authorities to put to practice the programme it promise to put in place to tackle the skyrocketing price of cement in Nigeria, to enable people carry on development work.
Corlins Walter
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics3 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford