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‘Increase In Price Of Cement Is One Of The Key Culprits Of Building Collapse’ -COREN

Madukwe Nwabuisi by Madukwe Nwabuisi
May 20, 2024
in Brand & Business Bite, News Bite
Reading Time: 2 mins read
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'Increase In Price Of Cement Is One Of The Key Culprits Of Building Collapse' -COREN
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The frequent cases of building collapse in the country have been attributed to the arbitrary increase in the price of cement by producers of the product.

The President of the Council for the Regulation of Engineering in Nigeria, Sadiq Abubakar, stated this on Monday in his remarks at the investigative hearing organised by the House of Representatives Joint Committee on Solid Minerals, Industry, Commerce and Special Duties, to probe the price increase of cement in recent times.

This was as the Chairman of the Joint Committee and member representing Karu/Keffi/kokona Federal Constituency, Nasarawa State, Gaza Gbewfi, summoned the Chairman of the Cement Producers Association of Nigeria, David Iweta, for questioning over the development.

Iweta, who did to turn up for the investigative hearing on Monday, was summoned after previously turning down two invitations by the committee.

The committee also charged the association to desist from using frivolous court injunctions to interfere in its work as guaranteed by the provisions of the 1999 constitution (as amended)

“You will agree with me that an increase in the price of cement is one of the key culprits of building collapse. I am trying to connect the hike in the price of cement with the standardisation in our building and the direct connection of building collapse.

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“There is a connection with that, and I think this something we must interrogate,” the COREN President said.

Gbewfi, while agreeing with Abubakar, also argued that the cost of cement has also brought about an increment in housing rents across the nation.

“Anything that has to do with livelihood should be treated as an emergency’” the committee chairman said.

At the investigative hearing, the joint committee also queried representatives of the Nigeria Building and Road Research Institute and the Federal Competition and Consumers Protection Council on the arbitrary price increase.

Gbewfi also chided the representative of the Chief Executive Officer of the FCCPC, Boladale Adeyinka for not doing enough to protect the consumers of cement in line with the Act establishing the agency, saying, “You are a mother that has forgotten your children.”

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: BUILDING COLLAPSECOREN

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