Oil & Energy
Ex-NIOB Boss Decries High Cost Of Building Materials

Secretary General, NIQS, Femi Balogun (middle) fielding question from participants during the Nigerian Institute of Quantity Surveyors, Rivers State Chapter 2014 Qs week. With him are Rivers State Chairman, NIQS , Mr Abayomi I. Anifowose (left) and Vice Chairman, NIQS, Rivers State Chapter, Mr. Edighoman Isaac Ewa (right). Photo: Egberi A. Sampson
Worried by the high
cost of building materials in the country, which is affecting housing development, the former president of Nigerian Institute of Building (NIOB), Chucks Omeife, has urged the government to rise to the challenge.
Omeife who disclosed this to newsmen in Abuja, said that the increasing cost of some building materials had discouraged investors from investing in the construction sector, and that low income earners as well are discouraged from building their own houses.
He said “The development of our housing sub-sector may be hampered if the prices of building materials continued to rise unchecked because the cost of Iron rods, window and door frames and other building materials are all escalating,” he stated.
Omeife, nonetheless, appealed to the government to subsidise the prices of building materials so as to boost activities in the real estate sector.
He particularly stressed that low income earners would gain a lot from governments efforts to reduce the cost of building materials, which can boost their morale to build their own homes.
In all, the housing professional agreed that one of the pragmatic approaches in redressing the housing deficit in the country is to make building materials affordable to the less affluent members of the society who, according to him, constitute the larger percentage of the Nigeria population.
He also noted that the high cost of materials has directly affected housing in such a way that the housing deficit has continued to increase, saying that the development indicates that the government’s housing policy is not working as expected. According to him, available statistics shows that Benin Republic has home ownership rate of 63 percent, Kenya 73 per cent; Singapore 90 percent.
The US, 70 per cent South Africa 56 per cent and Libya 41 per cent.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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