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Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production - Properties - Nairaland

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Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 5:41pm On Mar 17, 2021
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has decried the high price of cement in Nigeria, saying it leads to quackery and building collapse.
Adegbite made the assertion at the second edition of Lafarge Africa Plc Quarterly webinar – Concrete Ideas. It is a platform for deliberation of issues, policies and developments shaping Nigeria’s construction, infrastructure and housing sectors. Theme of the webinar was: “Addressing the Root Cause of Building Collapse in Nigeria.”

The minister, who spoke as the Special Guest of Honour, called on the manufacturers to bring down the price of cement in order to reduce incessant cases of building collapse and quackery. Adegbite, wondering on what drives the price of cement in the country, said that it was sourced locally.

“What is driving the price? As dollar moves, cement price moves; it’s sourced locally,” he said. The minister, however, identified negligence as the major cause of building collapse in the country. He said that the Federal Government, through its housing programme, would provide 1.5 million homes to Nigerians to forestall tragedy of building collapse that often leads to loss of lives and property.

Adegbite said that poor concrete mix ratio, inadequate structural analysis, as well as inadequate supervision by professionals also contributed to building collapse menace. He stressed the need for training and retraining of people to address the problem of building collapse. The minister said that there should be standard of procurement for artisans to practice in the industry.

Also, Mr Joseph Makoju, Chairman, Nigerian Cement Association, said that building collapse increased by 77 per cent from 2010 to 2020. Makoju said that Nigeria needs to ensure proper monitoring system to reduce the figure in the current decade. He said that the association was committed to zero tolerance and would continue to work with the government to ensure safety. “We collaborate to ensure that products pushed out to the markets meet the required standard through technical sales marketing.

“We have to follow through on products, even after sales, down to the end user,” he said. In his remarks, Mr Farouk Salim, the Director-General, Standards Organisation of Nigeria (SON), called on the state and local governments to ensure proper supervision of buildings. Salim said that people should be punished when they violated the rules to tackle corruption. He said that 85 per cent of substandard goods in the country come through the ports.

“SON is doing its best with the resources available to ensure standards,” Salim said. He said that the organisation was kicked out of the ports 10 years ago because of ease of doing business which was against SON Act of 2015. “We are working with the relevant authority on getting back to the ports,” Salim said. Earlier, Mr Adebode Adefioye, Chairman, Lafarge Africa, said the company would continue to provide a platform for public disclosure that would address the development needs of the country. Adefioye said that the country recently trained 5,000 artisans to enhance their building skills in line with the global best practice.
https://www.vanguardngr.com/2021/03/minister-decries-high-price-of-cement-in-nigeria/

3 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 5:43pm On Mar 17, 2021
Why won't the price be high when in a monopoly you can dictate the profit you get in the industry. Monopoly is destructive to the economy and the United States government warned these clowns in government about the damaging effect of monopolies in industries like cement on the common man in the street and local businesses.

Now the government is begging the two monopolists Dangote and Rabiu to bring the price down.

72 Likes 5 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by NwaNimo1(m): 5:44pm On Mar 17, 2021
When competition has been stifled by the cabalist??

[img]https://media./images/8374f604dd7677e23229d7405c335f3a/tenor.gif[/img]

Wait until the 'monpolist' refinery is up and running!

88 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Mabizeka: 5:46pm On Mar 17, 2021
Dangote should be arrested and jailed

39 Likes 1 Share

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 5:47pm On Mar 17, 2021
I just laugh at those thinking Dangote refinery would help them in any way


It actually makes the jihad easier


The minister, who spoke as the Special Guest of Honour, called on the manufacturers to bring down the price of cement



Keep begging him o, until he finishes cumming before he would see your tears

19 Likes 2 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by firstvaxe: 5:49pm On Mar 17, 2021
Hold dangote

1 Like

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nbotee(m): 5:49pm On Mar 17, 2021
Sometimes I wonder the kind of useless leaders we have.. What is he doing about since he's part of the govt? Why do dey come to complain to the masses like the masses are the ones who are supposed to order solutions to the problems?

45 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 5:52pm On Mar 17, 2021
Mikecold:
I just laugh at those thinking Dangote refinery would help them in any way


It actually makes the jihad easier


The minister, who spoke as the Special Guest of Honour, called on the manufacturers to bring down the price of cement



Keep begging him o, until he finishes cumming before he would see your tears

1 Like

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by afroedo: 5:55pm On Mar 17, 2021
It makes Dangote smile to the bank Na, and you collect ur share in backhand, for inside brown envelop, will know the game na. cheesy grin

9 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:04pm On Mar 17, 2021
Nbotee:
Sometimes I wonder the kind of useless leaders we have.. What is he doing about since he's part of the govt? Why do dey come to complain to the masses like the masses are the ones who are supposed to order solutions to the problems?
Real talk

6 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:07pm On Mar 17, 2021
NwaNimo1:
[img]https://media./images/8374f604dd7677e23229d7405c335f3a/tenor.gif[/img]

Wait until the monpolist refinery is up and running!
Monopoly in cement industry and oil industry will be extremely destructive to the Nigerian economy. If Nigerians think things are bad they should wait until he gets monopoly in the oil industry.

This is the price Nigerians will have to pay for electing brainless and corrupt leaders.

33 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by BeeBeeOoh(m): 6:07pm On Mar 17, 2021
I say this always, Dangote is not a businessman, he's just a man who thrives on monopoly. Leave the ground open for everybody to do business and you'll see and understand that Dangote doesn't have any business sense.

To show you how wicked the man is, he even want to stifle Rabiu (BUA) so that he'll be the A and AMEN of cement prices in Nigeria.

53 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by dynicks(m): 6:09pm On Mar 17, 2021
Make I no just talk wetin dey my mind...

1 Like

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by BeeBeeOoh(m): 6:11pm On Mar 17, 2021
To also show you how wicked Dangote is, he subsidizes price of cement for other countries and Nigerians will bear the brunt.

47 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:13pm On Mar 17, 2021
BeeBeeOoh:
I say this always, Dangote is not a businessman, he's just a man who thrives on monopoly. Leave the ground open for everybody to do business and you'll understand this.

To show you how wicked the man is, he even want to stifle Rabiu (BUA) so that he'll be the A and AMEN of cement prices in Nigeria.
He has 78% market share in cement, which is unheard of anywhere in the world and still looking to consolidate the gains. This monopoly in the cement industry would have been broken up in any country with reasonable leaders, unfortunately we are plagued with the most useless and corrupt set of leaders that can be bought off.

32 Likes 1 Share

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:14pm On Mar 17, 2021
BeeBeeOoh:
I say this always, Dangote is not a businessman, he's just a man who thrives on monopoly. Leave the ground open for everybody to do business and you'll see and understand that Dangote doesn't have any business sense.

To show you how wicked the man is, he even want to stifle Rabiu (BUA) so that he'll be the A and AMEN of cement prices in Nigeria.
The only time he faced an open market Noodles he ran for his quota life


Dansa fruit Juice

Dangote Tin Tomatoes


All dead cos of open market

90 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:16pm On Mar 17, 2021
Mikecold:
The only time he faced an open market Noodles he ran for his quota life

52 Likes 2 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Rugaria: 6:17pm On Mar 17, 2021
That Dangote of a man should be tried for economic terrorism and tucked away in a desert jail till his grandchildren start getting married..

35 Likes 2 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by bcomputer101: 6:20pm On Mar 17, 2021
Dangote na barawo

16 Likes 1 Share

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by BeeBeeOoh(m): 6:23pm On Mar 17, 2021
RuudVanNisteroy:

He has 78% market share in cement, which is unheard of anywhere in the world and still looking to consolidate the gains. This monopoly in the cement industry would have been broken in any country with reasonable leaders, unfortunately we are plagued with the most useless and corrupt set of leaders that can be bought off.
Honestly, but that can never happen when Buhari and his kitchen cabinet shut Ibeto cement and halted shipment for unknown reason(s). Dangote is nothing without FG's backing.

Mikecold:
The only time he faced an open market Noodles he ran for his quota life
That's to show you he's not a businessman but, a monopolist. Quota system has really finished Nigeria economically, politically and otherwise.

37 Likes 3 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Nobody: 6:27pm On Mar 17, 2021
bcomputer101:
Dangote na barawo
Blame the government and not Dangote, he is just exploiting the loopholes in this fantastically corrupt system. If he wants a $2 billion dollar profit with his 78% market share he can make it happen. He is free to charge any price and work towards any kind of profit he desires.

That is why monopolies are extremely destructive to a nations economy, except in key industries like power, that is highly capital intensive and technical and requires investment in hydro and nuclear energy.

13 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by lamicruz: 6:29pm On Mar 17, 2021
Because Dangote calls the shot

1 Like

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Abigirlsuen: 6:44pm On Mar 17, 2021
Why won't the price be high when in a monopoly you can dictate the profit you get in the industry. Monopoly is destructive to the economy and the United States government warned these clowns in government about the damaging effect of monopolies in industries like cement on the common man in the street and local businesses.

Now the government is begging the two monopolists Dangote and Rabiu to bring the price down.

2 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by slawormiir: 6:44pm On Mar 17, 2021
Damnnn niggarrrr
Isoright
Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by ClassicMan202(m): 6:45pm On Mar 17, 2021
Na Dangote, make una wait make him finish that refinery..... We go smell our bumbum

6 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Bitcoiinlord(m): 6:45pm On Mar 17, 2021
And in neighboring Ghana over there it is like purewater

2 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by KingZaddy(m): 6:45pm On Mar 17, 2021
..
Nothing To Say Here Just Here To Hoist Nigeria's Originial Flag

2 Likes

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by MANNABBQGRILLS: 6:45pm On Mar 17, 2021
Where is Nigeria Regulatory Commission when you need them?

Tonymegabush1:
Cement for 4k + is not a good thing for builders
Not at all!

4 Likes 4 Shares

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Olobofife(m): 6:45pm On Mar 17, 2021
Dangote, monopoly.

1 Like

Re: Lekan Adegbite Decries High Price Of Cement In Nigeria Despite Local Production by Tonymegabush1(m): 6:45pm On Mar 17, 2021
Cement for 4k + is not a good thing for builders

11 Likes 1 Share

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