House Committee Summons Cement Producers Association Over Price Hikes And Building Collapses (Details)

The frequent building collapses in Nigeria have been linked to the arbitrary increase in cement prices by producers….CONTINUE READING

This assertion was made by the President of the Council for the Regulation of Engineering in Nigeria (COREN), Sadiq Abubakar, during an investigative hearing held by the House of Representatives Joint Committee on Solid Minerals, Industry, Commerce, and Special Duties.

The committee, chaired by Gaza Gbewfi, summoned the Chairman of the Cement Producers Association of Nigeria, David Iweta, for questioning after he failed to attend the hearing and previously ignored two invitations.

Abubakar highlighted the direct correlation between rising cement prices and building collapses, urging a thorough investigation into this issue. Gbewfi concurred, noting that the increased cost of cement has also driven up housing rents nationwide.

The committee also addressed representatives from the Nigeria Building and Road Research Institute and the Federal Competition and Consumers Protection Council (FCCPC) regarding the price hikes.

Gbewfi criticized the FCCPC representative, Boladale Adeyinka, for inadequate consumer protection efforts, likening the agency to “a mother that has forgotten her children.

Published By: Destiny.Jnr