… Developers reject
Developers in the built industry have rejected the agreement reached between the Federal Government and cement manufacturers.
At the meeting, it was resolved that prices of cement will be reduced to between
N7,000 and N8,000.
In an exclusive interview with The PUNCH, the President of the Real Estate Developers Association of Nigeria, Dr. Aliyu Wamakko, said the reduction was not good for the economy.
He said, “I do not think that is good for the economy of this country because cement constitutes the primary product for any building construction to be done.
