The price of cement has risen by 100 per cent in three years to a record high of N7,000, on the back spiralling inflation in the country. Sunday PUNCH findings showed that the prices of cement ranged between N3,300 and N3,500 in Lagos and Ogun States in March 2021 but have jumped to between N6,500 and N7,000 in both states as of last week. Dangote Cement’s Group Executive Director in charge of Strategy, Portfolio Development, and Capital Projects, Devakumar Edwin, had in 2021 attributed the high cost of cement in…
Read MoreCEMENT PRICE SOARS BY 100% IN THREE YEARS
