Ahmed Dangiwa, the Minister of Housing and Urban Development, has expressed concern over growing building material prices across the nation.
The Minister stated that he expects to meet with cement makers and other building material providers from around the country.
He believes that the issue has to be addressed.
The Minister made the remarks during a courtesy visit to his office in Abuja by a team from the Federal Mortgage Bank of Nigeria (FMBN), Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and Nigeria Employers Consultative Association.
“It is disheartening to see how much Nigerians have to pay for essential building commodities like cement, with the prices rising almost on a daily basis.
“I don’t understand the reason for this increase, and it is not acceptable.
“I am going to be meeting with these manufacturers soon, so that they can explain to Nigerians their reasons for such incessant hikes. I know that the cement producers source their raw materials in Nigeria.
“The limestone, clay, silica sand, gypsum, iron ore, and the rest. These minerals abound in Nigeria and these manufacturers get them here, so there is no justification to try and blame it all on the rise of dollar,” he argued.
