Cement price: Dangote, BUA get Reps 14-day ultimatum - Newstrends
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Cement price: Dangote, BUA get Reps 14-day ultimatum

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Abdulsamad Rabiu and Aliko Dangote

Cement price: Dangote, BUA get Reps 14-day ultimatum

The House of Representatives has issued a 14-day ultimatum to Dangote Cement, BUA, Lafarge Ashaka and other cement manufacturing companies in Nigeria to appear before it to make their submissions over the arbitrary increases in the price of the commodity nationwide.

The Chairman, House Committee on Solid Minerals, Mr Gaza Gbefwi, gave the directive at a public hearing to investigate the arbitrary increase in the price of cement in Nigeria by cement manufacturers, organised by House Joint Committees on Commerce, Industry, Special Duties and Solid Minerals on Tuesday in Abuja.

The PUNCH reported on March 13, 2024, that the House adopted a motion on the “Arbitrary increase in the price of cement by the cement manufacturers in Nigeria”, and constituted a joint committee to investigate and report back to it for further legislative action.

At the public hearing on Tuesday, none of the cement companies appeared or sent representatives to make submissions on their behalf.

Angered by the development, Gbefwi who represents Karu/Keffi/Kokona Federal Constituency, Nasarawa State, said the parliament was not in receipt of a court order restraining it from inviting anybody or companies for investigative purposes.

He said: “We are trying to see to the development of our country. Just as it was emphasized in the opening remarks, cement is to building what air is to every human being. In the human nature of the House, because we owe them a duty of care because they are equally Nigerians, we are giving them 14 days to make their submissions.

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If not, as we have sworn to uphold the constitution, we will use everything within our powers to make sure that Nigerians are not taken for granted and are not exploited. We will not sit back while some companies declare billions in naira and dollars every day while our people can barely afford to get a decent roof over their heads.”

“We have seen in Lagos where you have Nigerians under the bridge and paying rent. Why? If this product was available, I do not believe we would go to that length. Moreover, God has given to this nation, resources in abundance. So, this joint committee resolves to give them 14 days from now, and not 14 working days but 14 days to make sure that they make their submissions and appear before this House,” he said.

Earlier in his remarks, the Speaker, Abbas Tajudeen, represented by the Deputy Speaker, Benjamin Kalu, pledged the readiness of the House to come up with appropriate legislation to encourage the industrialisation of the country.

He also assured the companies invited for deliberations not to see their invitation as a witch-hunting mission, adding that the parliament was only interested in assisting in resolving the challenges in the building sector occasioned by frequent hikes in the price of cement.

He said: “We are committed to collaborating with both cement manufacturers and end-users, believing this is the most effective way to improve the quality of life and standard of living for our citizens. We are also dedicated to enacting laws that prevent a recurrence of the factors that led to the current situation.

“Our goal is to inform Nigerians about the industry’s current state and collaboratively find solutions to navigate the challenges. The persistent rise in cement prices has had a detrimental impact not only on the building environment but also on the entire economy. Cement is a fundamental component used in construction projects like bridges, dams, houses, waterworks, and road infrastructure. This makes addressing this issue paramount.”

Quoting research by the African Development Bank, Kalu said there is a housing deficit of up to 16.9 million units, adding that Lagos, Ibadan, Kano, and Abuja, have a 20 per cent rise in housing needs yearly. The current total output in the formal housing sector is estimated at not more than 100,000 units”.

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The Deputy Speaker asserted that bridging this gap requires affordable and accessible cement prices for both the government and the private sector.

“While factors like exchange rates have contributed to the price increases across various commodities, it is encouraging to see the positive results of the “Renewed Hope” administration’s policies under the leadership of Bola Tinubu. Notably, the naira has shown remarkable strength against the dollar in recent weeks, and Fitch Ratings, a global credit rating agency, recently revised Nigeria’s credit outlook to positive from stable”, he added.

Earlier in his welcome address, Gbefwi said that Nigeria has a high housing deficit of about 3 million units and a huge infrastructural deficit.

He stated: “Indeed the recent events that led to the skyrocketing of the price of cement in Nigeria has been worrisome and of great concern as it is inflicting untold hardship on Nigerians.

“To close this gap, both government and the private sector must be articulate and deliberate in putting the right policies and parameters in place that can promote, induce and or encourage development.

He added that the cost of cement is higher in Nigeria compared to other countries in Africa using the current exchange rate of the dollar to local currencies.

“Our review of cement prices in other countries like Kenya, India and Zambia for 2021 alone shows that Nigeria has the highest price of cement using the official exchange rates for each country. Nigeria’s price of cement doubles that of India at a difference of 69 per cent. Similarly, the price is 29 per cent higher than that in Kenya and 39 per cent higher in Zambia; hence the need for us to come together and find out why,” he added.

Cement price: Dangote, BUA get Reps 14-day ultimatum

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One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

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One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

One person has been killed and five others injured following a violent clash that disrupted a political procession organised by supporters of the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, and his running mate, Rabiu Kwankwaso, in Asaba, Delta State.

The incident occurred at about 12:15 p.m. on Saturday, November 7, 2026, along Nnebisi Road, during a one-million-man march organised by supporters of the Obi-Kwankwaso Movement.

The Delta State Police Command confirmed the casualties, disclosing that the identities of the deceased and injured persons had yet to be established as investigations commenced.

In a statement issued by the Police Public Relations Officer, SP Bright Edafe, the command said it had received intelligence indicating the possibility of violence ahead of the procession.

According to the police, organisers of the rally were invited to a security meeting, where they were briefed about the identified threats and advised against holding an open-road procession.

The command said the organisers were encouraged to conduct their political activities at a designated venue where adequate security arrangements could be provided.

However, the police alleged that the organisers ignored the advice and proceeded with the procession.

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Following a distress call, police operatives were deployed to the scene and evacuated the injured victims to hospital for medical attention.

Security was subsequently reinforced in the affected area to prevent further breakdown of law and order.

The police said investigations were ongoing to establish the circumstances surrounding the violence and identify those responsible.

Commissioner of Police, Samuel Erale, condemned the incident and reiterated that political parties were free to conduct lawful campaigns and other political activities across the state.

He, however, urged political parties and their supporters to avoid road processions in the interest of public safety and liaise with the police ahead of political gatherings to facilitate adequate security arrangements.

The command also appealed to members of the public with useful information about the incident to contact the police through 09155570008 or 09155570007.

Meanwhile, the NDC has accused the ruling All Progressives Congress (APC) of being behind the attack, alleging that the incident was an attempt to intimidate opposition supporters and disrupt its political activities.

Former Speaker of the Delta State House of Assembly and NDC senatorial candidate for Delta North, Victor Ochei, called on Governor Sheriff Oborevwori to order an immediate investigation and ensure that those responsible were arrested and prosecuted.

Ochei alleged that more than 30 campaign buses were destroyed during the attack, accusing suspected attackers of being mobilised by individuals allegedly connected to the ruling party.

However, Delta APC spokesperson, Valentine Onojeghghuo, dismissed the allegation, insisting that the NDC had provided no evidence linking APC members to the incident.

He described the accusation as baseless and urged the opposition party to embrace peaceful political engagement.

The Delta State Coordinator of the Obi-Kwankwaso Movement, Favour Emerue, also alleged that the gathering was peaceful before suspected hoodlums disrupted the procession, leaving some participants injured.

In a separate reaction, Peter Obi condemned the reported attacks on his supporters and NDC members in Delta State, calling on the state government and security agencies to investigate the incidents and bring those responsible to justice.

The latest violence has renewed concerns about the safety of political activities ahead of the 2027 general elections.

The police have assured residents that a thorough and impartial investigation will be conducted to establish the circumstances surrounding the clash and ensure that anyone found culpable faces the law.

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

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Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

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FG Targets 24-Hour Electricity in Lagos, Abuja, Kano, Others

Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

ABUJA – Minister of Power, Joseph Tegbe, has assured Nigerians that electricity supply will begin to improve within the next 48 to 72 hours as the Federal Government intensifies efforts to address the challenges responsible for the recent power outages across parts of the country.

Tegbe gave the assurance in an update on the country’s power situation amid growing complaints from electricity consumers over prolonged blackouts, particularly in Lagos and the Federal Capital Territory.

The minister attributed the worsening electricity supply to a combination of planned maintenance at Egbin Power Station, inadequate gas supply to some thermal power plants and sabotage of critical transmission lines.

According to him, the challenges have reduced the volume of electricity available on the national grid, forcing grid operators to implement load shedding in some areas to manage the shortfall.

He explained that maintenance activities at Egbin Power Station, one of Nigeria’s major electricity-generating facilities, had contributed significantly to the reduction in power generation.

The minister also identified gas supply constraints affecting some thermal power stations as another factor responsible for the decline in electricity generation.

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Tegbe further alleged that sabotage of key transmission lines had restricted the use of alternative routes for supplying electricity to some locations, particularly Lagos.

He said the Federal Government was working with relevant operators to address the challenges and restore the affected generating units in phases.

“My team and I are working to return the affected generating units to service in phases, with the first units coming back online within the next 48 to 72 hours.

“We are also working with operators to improve gas supply and accelerate repairs to the damaged infrastructure,” he said.

The minister acknowledged the hardship caused by the outages, noting that the disruptions had placed considerable pressure on households and businesses in the affected states.

He apologised to electricity consumers experiencing the interruptions and thanked them for their patience, promising to provide further updates as efforts to restore supply progress.

The latest assurance follows growing public complaints over worsening electricity supply, with residents and businesses in several locations struggling to cope with prolonged outages.

The power crisis has also triggered disagreements between the Transmission Company of Nigeria (TCN) and Ikeja Electric over the causes of recent supply interruptions.

While Ikeja Electric had cited grid instability in explaining its inability to meet electricity supply obligations to some Band A customers, TCN disputed the explanation, attributing the decline largely to inadequate gas supply and reduced electricity generation.

Tegbe had earlier directed TCN, the Nigerian Independent System Operator (NISO) and electricity distribution companies (DisCos) to address operational challenges contributing to the decline in power supply.

Nigerians will now be watching closely to see whether the promised improvement materialises within the 48-to-72-hour timeframe.

Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

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NDLEA Arraigns Two Mexicans, Four Nigerians Over Secret Meth Lab in Oyo Forest

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NDLEA Arraigns Two Mexicans, Four Nigerians Over Secret Meth Lab in Oyo Forest

NDLEA Arraigns Two Mexicans, Four Nigerians Over Secret Meth Lab in Oyo Forest

The National Drug Law Enforcement Agency (NDLEA) has arraigned two Mexican nationals and four Nigerians before the Federal High Court in Ibadan, Oyo State, over their alleged involvement in the establishment and operation of a clandestine methamphetamine laboratory in the state.

The six defendants were arraigned before Justice Nkeonye Evelyn Maha on a four-count charge bordering on conspiracy, the establishment of an illegal drug laboratory and the unlawful transportation and distribution of chemicals intended for the production of methamphetamine, a highly addictive psychotropic substance.

The defendants were identified as 56-year-old Mexican national Jose Villa Ochoa; another Mexican, 40-year-old Carrera Loaiza Arturo; and four Nigerians, Maxwell Uche Nevoh, 30; Olatunji Yusuf, 37; Bankole Akeem Owolabi, 45; and Ganiu Monsiu, 43.

According to the NDLEA, Ochoa and the four Nigerian defendants were arrested on June 17, 2026, in a forested area of Tapa village, Ibarapa North Local Government Area of Oyo State, where operatives uncovered the clandestine laboratory.

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The second Mexican suspect, Arturo, was subsequently tracked down and arrested on August 19, 2026, while allegedly attempting to flee Nigeria through the Lagos airport.

The agency disclosed that the defendants were accused of conspiring to operate a drug trafficking organisation and establishing a secret laboratory for the production of methamphetamine between December 2025 and June 2026 at different locations in Lagos and Oyo states.

They were also accused of unlawfully transporting and distributing chemical substances for the manufacture of the prohibited drug, contrary to Section 20(1)(f) and punishable under Section 20(2)(a) of the NDLEA Act.

When the charges were read to them in a language they understood, all six defendants pleaded not guilty.

Following their pleas, Justice Maha ordered that they be remanded at the Correctional Centre in Ibadan pending the commencement of their trial.

The court subsequently fixed January 26, 27, 28 and 29, 2027, for the trial.

In a related development, the NDLEA disclosed that three other Mexican nationals and seven Nigerian collaborators arrested over the alleged operation of a similar clandestine methamphetamine laboratory in a forest hideout in Ogun State on May 16, 2026, had also been arraigned before a Federal High Court in Lagos.

The court reportedly rejected their bail application and ordered an accelerated hearing of the case.

The latest development underscores the NDLEA‘s ongoing efforts to dismantle suspected international drug trafficking networks and prevent Nigeria from becoming a hub for the illicit manufacture of dangerous narcotic substances.

The agency’s Director of Media and Advocacy, Femi Babafemi, announced the arraignment in a statement issued on Friday, November 6, 2026.

 

NDLEA Arraigns Two Mexicans, Four Nigerians Over Secret Meth Lab in Oyo Forest

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