Contractors Worried About Cement Price Increase

By Ebuka John, Cotonou

Nnahs Lib Writer

Cement

50% Increase within 72 hours

Builders and Contractors worried about the development of cement hike that was sold at 1,700 to 2,500 as the economy worsened the increase of building materials get, according to our source told us that contractors have cried out that people are no longer developing sites because of bad economy .


The 72 hours increase will make the country experience a large number of collapse building as developers will like to manage their cement which will affect their building in time to come because of little cement that was used in the construction.


Nigeria economy has gone to recession since over 29 years as president Muhammed Buhari begs nigerians to have patience with him that change he promise will soon come and nigeria will be a better place come in 2019.


The Peoples Democratic Party, PDP, on thursday call on president Muhammed Buhari to resign that the All Progressive Congress, APC, led Buhari administration is not competent to lead the country as the country growth dropped from 2.2 percent to 0.6 percent treasury which dragged the country to recession based on the current economy statistics released for 2016.


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