WHY ARE WE LIKE THIS? ... CAN'T WE REALLY HAVE REASON TO CELEBRATE ANYTHING EVEN FOR ONE YEAR? : Cement price rises to N2,200 ,,, TheNation

The hope of  construction experts and  cement consumers over a crash in the price of cement was dashed yesterday with a fresh hike in the price of the commodity.

Some weeks ago, a major cement producer in the country said it had crashed the price of the product to as low as N1,000 eliciting excitement in the construction sector.  Even with the promise, the product was never sold at N1000 anywhere across the country.

A dealer in the Ibafo area of Ogun State who spoke on condition of anonymity said one of the major manufacturers had indicated that its next consignment would be delivered at N1,900, adding that by the time other variables are added, a bag of the product would get to the final consumer at N2,200.

To make the product available to customers, the firm said it had set up depots across the nation and also offered opportunity for direct purchase.