Category: Property

  • Lagos begins work on 9km Akinola/Aboru drainage channel

    Lagos begins work on 9km Akinola/Aboru drainage channel

    Okwy Iroegbu-Chikezie

     

    THE Lagos State Government has assured residents of Agbado Okeodo, Mosan Okunola, Ayobo Ipaja Local Council Development Area (LCDA) of a qualitative finish as work commences on the Akinola/Aboru drainage channel to curb flooding in the area.

    Addressing stakeholders at a meeting at Abule Egba, Lagos, on the project, the Commissioner for the Environment and Water Resources, Mr Tunji Bello, said the floooding had almost become intractable.

    He stated that it was the resolve of the Sanwo-Olu Administration to prevent further loss of lives and properties occasioned by flooding that necessitated the award of the contract afresh.

    He said the construction of Akinola/Aboru Drainage Channel would contribute to sustainable development and a quality living environment for all, adding that the cooperation of all residents was necessary to see the contract through.

    According to him, ‘’without your robust contributions and buy-in, we cannot achieve the desired success, which explains the reasons why your input are being sought as we commence the job’’.

    He charged residents to form a committee among themselves to supervise the project and report their complaints to the Ministry in case of discrepancy as regards the project.

    Earlier, the Special Adviser to the Governor on Drainage and Water Resources, Joe Igbokwe praised the residents for collaborating with the  government on the construction of the major drainage channel in the axis.

    He noted that construction of canals is ongoing in various areas across the  canals for water to flow, stressing that the government would not relent in maintaining flood free and clean environment.

    He appealed to residents to take ownership of the project after completion and desist from the arbitrary dumping of refuse into canals in order to continuously sustain a flood-free Lagos.

    Also, the Permanent Secretary, Office of Drainage Services, Olalekan Shodeinde, described the channel project as an engineering masterpiece, which would run through three local councils. He said the project might come with some pains as building on the setback and alignment might be moved, but it is for good of the majority.

    He added that the Akinola bridge that collapsed recently which measured about 20 metres would be reconstructed and expanded so that water would flow freely underneath without damage.

  • Estate surveyors canvass vibrant mortgage system

    Estate surveyors canvass vibrant mortgage system

     Okwy Iroegbu-Chikezie

     

    THE Nigeria Institution of Estate Surveyors & Valuers (NIESV) is seeking a vibrant mortgage system in the country.

    Its members argued that this was the only way affordable housing and strategic infrastructure could be provided for the citizenry. They spoke at the 50th Anniversary Symposium of the Lagos Branch of the institution.

    Chairman of the occasion, Joe Idudu, the eighth Chairman of the branch, told recalled the early years of the branch.

    Idudu, also a former President of the institution, described the early years as “a golden era” which came with a high sense of pride for the real estate surveying and valuation profession, adding that the happiest thing for him is: “There are now, many estate surveyors and valuers today who are managing housing, a basic need of mankind.”

    He called on the government to establish and maintain a vibrant mortgage system in the economy as funding remains the biggest challenge of people desiring decent homes and seeking services of real estate surveyors and valuers.

    He said: “We now seek to return to the golden era but we have not been able to do so, because of politicians who have not given us a dependable mortgage system. Many people cannot buy housing because they have no means; we do not have a vibrant mortgage industry.’’

    Idudu recalled how one of their members, Mr. Akinsanya, who turned a banker, mulled the idea of the government using unclaimed dividend as seed money for the mortgage industry to take off. He explained that the money would be paid back gradually as beneficiaries were repaying but regretted the idea was not adopted by the government.

    He said: “We need money to have a vibrant mortgage industry. If the political will was there, we would have been able to push this forward, making housing cheaper and more accessible.”

    The former NIESV president, called on surveyors to focus on making their services cheaper so that even the poor can access their professional input in the housing sector.

    “As we celebrate, we should make our services cheaper and make the poor have access to our services,” he advised.

    President of NIESV, Emmanuel Okas Wike, called on members to continue to defend the profession while building core competencies against onslaughts of quacks and other professions attempting to hijack their jobs.

    He said: “The role of the estate surveyor and valuers as the key driver of the national economy cannot be over emphasised. As a professional body, we are not relenting in our efforts to align with the best global practices in the practice of our profession in Nigeria.We embrace this option for the singular reason of being more impactful to our communities and the nation.”

    The body’s Lagos State Chairman, Adedotun Bamigbola, noted that the challenges facing the profession bothered on maintaining international ethical standards, research, prop-tech and infractions in the real estate sector in various areas of practice.

    “This underscores the need for estate surveyors and valuers, particularly those practising in Lagos State to take charge and evolve to make the necessary professional impact on the state and the society at large through value addition. We need to build on our rich history and the dedication of our past leaders to confront the challenges of the future. The symposium is organised on this historical day to take us down the memory lane and to project us into the future which the profession should prepare for,” he said.

    Major themes at the event were on the need for partnerships, adoption of prop­tech, modernising the profession to meet taste and expectation of young professionals as well as the need for the older professionals to transfer knowledge gained from experience to the younger professionals while also getting technological update from younger professionals.

  • Driving urban planning with technology

    Driving urban planning with technology

    At a conference in Lagos, the Nigeria Institute of Town Planners (NITP) re-echoed the need for the reengineering of  major cities in the country.To achieve this, members of the body must embrace technology and the various options it offers to have a livable environment, Okwy Iroegbu-Chikezie reports

     

    STAKEHOLDERS in the built industry are pushing for professionalism, integrity and ethics to salvage what is left the urban and regional planning of cities.  They agreed that a lot still needed to be done to improve the livability of the environment in major cities and the urban centres.

    This position, premised on the belief that the country lags behind in the commity of nations as far as the physical environment is concerned, was a major point at the investiture of Mr. Toyin Ayinde as the 24th President of Nigeria Institute of Town Planning (NITP).

    Ayinde stated that everyone sought improved conditions but added that we could only reap what we had sowed.

    He urged experienced planners to join his team to give advise and volunteer for his administration and the government at all levels to ‘right the wrongs of the past’ in planning and urban development. He said: “We will scale heights to reach out to all stakeholders, we will cross the ocean to collaborate with international organisations. We will change the narrative about Urban and Regional planning in Nigeria.”

    Former President, Association of Professional Bodies of Nigeria (APBN), Segun Ajanlekoko, who chaired the event,  said the new helmsman’s disposition would to move the built environment sector forward. He said this was premised on his willingness to ask questions and carry people along.

    President, Nigeria Institute of Building (NIOB) Kunle Awobodu regretted that some town planners tolerated slum growth. He charged them to live up to their responsibilities and advise both the government and the traditional leaders well in terms of planning and urban development.

    He said:  “The built environment professionals should come together for the nation to have a better society. We should all avoid compromise and unprofessional conduct that makes for a disorderly environment.”

    First Vice President, Nigeria Institute of Architects ( NIA), Been Eboh lamented that our cities are not a reflection of reality. As professionals in the sector,  we should  play the advocacy role to ensure that unfavourable government policies are nipped in the bud. We should advise the government on what makes for a livable environment, we see well planned cities when we travel outside the country but indirectly support a disorderly environment here because of unwholesome practices. I must make bold to say that Town planning in Nigeria is in disarray”.

    Senior Pastor, Daystar Christian  Centre,  Sam Adeyemi, urged the NITP chief to stand for truth and justice. According to him, God is rebuilding Nigeria and is desirous of using dedicated professionals and men of good will. He prayed for creative and energetic wisdom for him to pull through.

    Earlier, Lagos State Deputy Governor, Dr Kadiri Hamzat hailed the NITP chief and reeleed out many urban regeneration and town planning laws by the administration.

    Hamzat, represented by the Commissioner of Physical Planning & Urban Development, Dr ldris Salako, said the state is poised to maintain the environment and will discourage the creation of slum locations.

    Furthermore, he said the state will redevelop blighted areas and discourage the creation of new ones. He said the process of titling and documentation has redefined, shorting the time it takes to process approvals, C of O’s and governor’s consent.

     

     

  • NESREA to sanction unwarranted disposal of electronic waste

    NESREA to sanction unwarranted disposal of electronic waste

    The Director General/Chief Executive, National Environmental Standards and Regulations Enforcement Agency (NESREA), Prof Aliyu Jauro, has said producers who do not  safely dispose their  electrical and electronic equipment will be sanctioned.

    Jauro, who was addressing a building programme for enforcement officers  and value chain for extender producer responsibility (EPR) in Lagos, said electronics were becoming an increasing challenge for the waste system and that the agency would enforce regulations that will keep them out of landfills.

    He said NESREA  was promoting  the reuse and refurbishment of products to reduce the amount of waste produced by electronics.

    This is coming against the backdrop of Nigeria having a poor record in recycling e-waste despite being one of its largest producers.

    He said the government was tacking 300,000 tonnes of e-waste.

    According to him, the realities of climate change was affecting the economy through chemical emissions, adding that recycling e-waste was something local manufacturers must do to contribute to the nation’s sustainable future.

    As a pioneer of EPR  in Africa, Jauro said the agency was determined to develop and implement benchmark metrics to measure industry performance and regulatory compliance, electronic producers and manufacturers in meeting their obligations throughout the country.

    He stressed that a circular economy was the only way to ensure old resources were fed back into the system and used as raw materials when manufacturing new ones.

    To ensure effectiveness of e-waste management efforts and to meet desired targets, he  added that the government would need strong support from stakeholders in the value chain. Jauro said ongoing awareness initiative was to  change consumer mindset to build a more-sustainable ecosystem for collection and management of end of life (EOL) products.

    He said the agency held the programme in Lagos since the ports generate the largest quantity of  electronic waste. He said there was the need to enlighten value chain players to adopt measure to manage disposal.

    The Standards Organisation Of Nigeria(SON) Consults Director, Dr. Justin  Nickaf, said the organisation was in support of NESREA  in its effort to strengthen EPR, to ensure the take-back of the end-of-life products.  He said there was a need for rules to govern the disposal of used and defunct electronics, which require e-waste to be collected, transported and safely disposed.

    According to him, the bulk of e-waste is handled by the informal or unregulated sector.

     

  • ERA/FOEN, others push for sustainable energy in Africa

    ERA/FOEN, others push for sustainable energy in Africa

    By Okwy Iroegbu-Chikezie

     

    The need to reduce obstacles and other environmental issues in Africa has been advocated by five environmental rights groups.

    The groups called on governments to stop the acceptance of fossil fuel projects driven by European countries via their Export Credit Agencies (ECAs).

    Speaking from Nigeria, the Executive Director, Environmental Rights Action/Friends of Earth Nigeria (ERA/FoEN), Dr Godwin Uyi Ojo, stated: “In Nigeria’s oil fields, oil spills and gas flaring have resulted in massive environmental degradation and marine resources depletion which local people depend on for livelihoods.

    “The locals have continued to blame especially Shell Oil Company, and the Nigerian government for their impoverishment and human rights violations.

    “To ensure improved clean energy access, there is the need for a post-petroleum economy devoid of oil and gas and embracing renewable energy sources to reduce carbon footprints and address climate change impact,” Dr. Ojo said.

    Others involved in the research are Friends of Earth-Ghana, Abibiman Foundation-Ghana, Environment Governance Institute-Uganda and Friends of Earth-Togo in cooperation with Milieudefensie/Friends of Earth-Netherland and Both ENDS.

    The groups analysed the prospects of a Just Energy Transition for Africa. They also analysed the question as to what the best solution is for limiting global warming to 1.50C on the one hand and facilitating universal energy access on the other.

    Furthermore, they analysed the question of what role public financial institutions like ECAs could play in terms of promoting a green energy future in Nigeria and other developing countries.

    “Export credit agencies provide insurances and guarantees to companies doing business abroad. Despite international climate agreements and national climate ambitions, export credit agencies continue to support fossil energy projects on a large scale,” Niels Hazekamp of Both ENDS said.

    Nosa Tokunbor of ERA/FoEN said: “The only way out is the phasing out of finances for fossil fuel while channeling same to support renewable energy projects.”

    On her part, Isabelle Geuskens of Milieudefensie/Friends of the Earth Netherlands, said: “In a world that is increasingly switching to renewable energy, the demand for fossil fuel is unsustainable and bound to decrease drastically.”

    Their report said: “in spite of the Paris Agreement that seeks to cut back on carbon emissions, the rich countries insured dirty energy projects with a total value of $11 billion through their export credit agencies (ECAs).”

    ECAs insured energy projects in Ghana, Nigeria, Togo and Uganda with a value of $18 billion between January 2013 and August 2020.

    The available data shows that only one per cent of the total support to the energy sector consisted of support for renewable energy, in the form of solar projects. No ECA support for wind projects in the four African countries has been found.

    “More than half of this export support is related to fossil fuels. Only one per cent went to sustainable renewable energy,” it added.

     

     

  • Succour for travellers as Lagos-Ibadan highway gets ‘dedicated’ funding

    Succour for travellers as Lagos-Ibadan highway gets ‘dedicated’ funding

    For almost a decade, the reconstruction of the Lagos-Ibadan Expressway has remained a pain to road users and an embarrassment to government. But, last week, fresh hope of completion appeared on the horizon for the almost-moribund project. This is because the road is set to exit the class of projects suffering from lack of funding, reports Okwy Iroegbu-Chikezie.

     

    For commuters and other stakeholders in the road transport sector, last week brought some cheery news – an end to their suffering on the acclaimed busiest road in the West Africa- the Lagos-Ibadan Expressway.

    Indeed, the reconstruction of the 126.5 kilometre road will cost the Federal Government N311 billion and has had a history of delays as a result of funding gaps. The road awarded to Messrs Julius Berger Nigeria, and Reynolds Construction Limited (RCC) Nigeria Ltd, in 2013, was reviewed in 2018 following increasing infrastructural development on the axis.

    The Minister of Works and Housing, Mr. Babatunde Fashola, spoke of government’s determination to ensure the delivery of the project as scheduled, by May 2022, despite dwindling financial fortunes of the government, insisting that notwithstanding the revenue shortfall due to drop in oil prices, funding would not stop the completion of expressway.

    “Even with zero revenue, the current administration is committed to completing ongoing projects, including the 2nd Niger Bridge at a cost of N414 billion because of their strategic position to the economy of individual businesses and the nation’s economy,” he said.

    Fashola, who spoke during an interactive town hall meeting with stakeholders, last week Saturday, at Ogere, Ogun State, hailed the decision of President Muhammadu Buhari to finance the project with the Presidential Infrastructure Development Fund (PIDF), funded from the Sovereign Wealth Fund (SWF) which ensures that projects have unfettered funding.

    He said Section I of the project was the rehabilitation, reconstruction and expansion of Lagos-Ibadan dual carriageway of about 43.6km, commencing from old-toll gate at Oregun/Ikosi-Ketu Lagos and terminating at Shagamu interchange in Ogun State. On Section II, he said “it is about 84 kilometres and starts from Sagamu Interchange to Ibadan,” and is being handled by RCC.

    After listening to the submissions of traditional rulers, representatives of the three major tribes, civil society, state government officials, contractors and traffic regulatory agencies, Fashola appealed to tanker drivers and their owners to move their vehicles off the road to enable contractors complete their work on schedule.

    “My appeal to owners of articulated vehicles is for you to leave the road immediately. Trucking and trailer operations are private businesses and operators are supposed to provide parking spaces for their fleet.  You must plan your parking space; you cannot run your business at the discomfort of other people. We appeal that you move away immediately because parking on the highway is a violation of Highway Code. Government’s construction of truck parks should be taken as a robust assistance to the business. We also frown at road abuses by truck drivers who pour diesel and petrol on the highway, causing quick road degeneration. We are spending so much to build the roads and they don’t mind using the road as their mechanic workshop. Diesel and fuel are not good for asphalted roads that we are just constructing,” he added.

    He further urged the Federal Road Safety Corps (FRSC) to ensure the enforcement of traffic laws, as pouring of diesel and parking of trucks on completed sections of the road constitute traffic offences.

    On the environmental impact of the work to surrounding communities, Fashola urged the contractors to ensure that remediation work was done on burrow pits and old roads damaged during the construction to ensure sustainability.

    He also promised that works would soon resume on the Ikorodu-Sagamu Road and Lagos-Otta Road as funds for the projects have been captured in the 2021 budget.

    Stressing the strategic importance of the highway, he explained that the highway was for interconnectivity and ease of doing business, hence, the need for stakeholders’ cooperation and sacrifice to ensure speedy completion.

    Earlier in his welcome address, the Director, Highways Construction and Rehabilitation of the Ministry, Mr. Olufunsho Adebiyi, said the Stakeholders Forum was organised to enable benefitting communities to see themselves as co-owners and to partner the government in achieving the project.

    Adebiyi said the initial contract was only for the rehabilitation, reconstruction and expansion of Section l (Lagos to Shagamu interchange) and Section ll (Shagamu Interchange to Ibadan and also the rehabilitation of existing bridges on the road.

    He hailed the decision of the President to establish the Presidential infrastructure Development Fund that ensures that projects we have agonised over have unfettered funding

     

  • Adloyalty Business Network wins big at Africa’s Real Estate Innovators Award 2020

    Adloyalty Business Network wins big at Africa’s Real Estate Innovators Award 2020

    Our Reporter

    Adloyalty Business Network has been awarded Africa’s Most Innovative commercial and residential real estate development brand of 2020 at Africa’s real estate innovators award.

    The innovative real estate brands Africa Awards 2020 is a celebration of innovation, leadership and the growth of the real estate and property industry in Africa.

    The award honors real estate game changers, companies, brands, products, and personalities that have contributed to the development of the sector.

    This award was in recognition of Adloyalty Business Network’s outstanding contributions to the development of real estate projects for making homeownership a reality for Nigerians while also empowering youths with gainful employment thereby helping the economic aspirations of its citizenry.

    READ ALSO: Govt to sanitise real estate, seeks legislative backing for LASRERA

    The first and biggest independent real estate network marketing platform in Nigeria empowers enterprising individuals to earn a fair share of Nigeria’s multi-billion dollar real estate industry.

    Adloyalty Business Network is known as a credible real estate brokerage firm with an impeccable track record of prompt delivery of houses and allocation of lands to our numerous investors.

    Mr. David Lanre Messan received the award on behalf of CEO Adloyalty Business Network, Dr. Freeman Osonuga.

    Messan thanked the award organisers, The Africa Brands Magazine for their recognition of the work and sacrifice Osonuga has invested into the real estate section.

    He received the award with utmost gratitude on behalf of the organisation.

  • ‘Provide policy support for scrap, waste workers’

    ‘Provide policy support for scrap, waste workers’

    The federal, state and local governments have been urged to provide policy and support programmes that would enhance the living standards of scrap and waste workers.

    Demanding a comprehensive social protection programme for waste workers, the National Coordinator of the National Union of Scrap and Waste Workers of Nigeria (NUSWON), Mr. Friday Oku, said such programmes would protect its members from negative exposure on the job.

    Oku, in a statement, said the lack of protection and poor access to healthcare has aggravated the risk his men face, especially during this COVID-19 period. He, therefore, appealed for personal protection equipment (PPE) for waste pickers who he said are prone to health risks through the collection of medical waste.

    “The three tiers of government, NGO and Corporate Bodies should also look into the area of providing spaces e.g. Material Recovery Facility (MRF)  for sorting and storing as well as training and technical support for waste workers.The provision of financial support is also very crucial for survival of scrap and waste workers due to their inability to accumulate capital, expand and improve their activities,” he appealed.

    According to him, NUSON, an affiliate of the Federation of Informal Workers’ Organisations of Nigeria (FIWON), is a platform that represents those at the base of the recycling industry whose source of livelihood depends on the collection, sorting and recycling of waste.

    “As you may be aware, the scrap and waste workers provide the only form of solid waste collection, providing widespread public benefit and achieving a high recycling rate. Waste pickers collect household and commercial/industrial waste from private bins, dump sites, along streets, waterways and landfills which are used for recycling thereby contributing to the GDP of Nigeria economy,” Oku said.

    Despite the enormous contribution of scrap and waste workers, the National Coordinator said they still faced a lot of challenges ranging from social, economic to health. Scrap and waste pickers are often subjected to social stigma, constant harassments and poor living and working conditions.

    The pandemic has further exposed these workers to many health risks. Waste pickers are exposed to contaminants and hazardous waste materials, from fecal matter and medical waste to toxic fumes and chemicals, he added.

  • APDC unveils ‘owner-occupier’ scheme for low-income earners

    APDC unveils ‘owner-occupier’ scheme for low-income earners

    The Abuja Property Development Company (APDC), an agency of the Federal Capital Territory Administration (FCTA),  has unveiled plans to bridge the housing deficit in the nation’s capital. The firm is promoting an initiative under a planned “rent-to-own” scheme, aimed at empowering low-income earners to access affordable housing.

    APDC’s Managing Director, Lawal Aliyu Magaji, said the firm was looking at the railway corridors in Abuja, to build affordable houses in such areas as it will also make other category of low-income earners live where they can access their work stations easily.

    Blaming the rising cost of houses in Abuja on building materials as well as challenges posed by the unfavourable exchange rate regime, Magaji explained that “we are trying to come up with a rent-to-own scheme. Instead of paying rent to a landlord, how about paying for you to own the house ultimately? We are going to work on that. But it is going to be a tripartite thing between the off-taker, his organisation and then the APDC as the developer, because we need to have that agreement so that when people are exiting the service, we will be notified that he is leaving and then his entitlement will have to be kept until he liquidated or we take out the cost of the building. We have the intention of doing social housing and that has to be done with the FCT Administration to see that the cost of those houses is brought down. We also want to build houses for low-income earners. If you are a big man and you stay in Maitama or Asokoro and your driver or cook stays in Keffi or Suleja, of course, you cannot function well. We are looking at the railway corridors. The light rail as you know has started test running. We intend to have affordable houses around the corridors. That would allow the people to hop into the trains and go to work in any part of the city.”

    Magaji said the agency was partnering some groups on affordable housing.

    He said: “One of the challenges we have is the rising cost of building materials and when land is allocated, it comes with a lot of encumbrances which have to be factored into the cost of houses. If you are given a land that has infrastructure and it does not come with any encumbrances in terms of payment of compensation, of course the prices of the house will come down. The finishing materials of some of the houses have to be imported and foreign exchange is scarce.

    “However, we are working with groups who are trying to proffer some other solutions, providing locally made building materials that we can use here or getting some of these companies to come and establish their plants here and produce these materials locally. This will go a long way, with the support of the government, to bring down the cost of the houses.”

     

  • Soaring cement price: Challenges before construction industry

    Soaring cement price: Challenges before construction industry

    The rising cost of cement is taking its toll on the construction sector, with work on some sites stalled. Developers are also reviewing cost of project. However, stakeholders have warned of dire consequence for the industry if the brakes are not applied on rising cost of cement. OKWY IROEGBU-CHIKEZIE reports.          

     

    It remains a critical component of construction so much so that it accounts for 40 per cent of the cost of building construction. For this reason and more, the sudden hike in its price by almost 55 per cent, a fortnight ago, caught developers and project managers napping. The price hike  also led to what economists call “artificial scarcity”.

    Observers say the price hike is a direct response to market demands, especially when it is considered that the price hike coincided with the announcement by the Federal Government that waiver for goods like cement had been granted to Dangote Group and BUA Group, exempting them from the ban on trans-border trade being implemented in Nigeria. Nigeria shut her borders against trade with her neigbouring countries in August 20, 2019.

    Indeed, the construction sector has been bedeviled with challenges and is yet to come to terms with high cost  of cement.

    Reacting to the development, the President, Nigeria Institute of Building (NIOB), Kunle Awobodu, warned that the igh cost of cement would have dire consequences for the industry. He said his company had to discontinue a project in Port Harcourt, the Rivers State capital, when cement price rose to N4,000 from a little over N2,000 earlier. He said it made nonsense of their projections, Bill of Quantities and costing. He said though he could not see any reason for the increase, it may have been exacerbated by the COVID-19 pandemic which was made worse by the #ENDSARs protest.

    Awobodu said the rise has implications for the sector that include compromise in the use of the material with some people disregarding the cement, sand and water mix ratio to keep a construction going. Canvassing the need for government to intervene urgently on this, he said in the long run it may lead to building failure.

    “Construction sector is a huge employer of labour and anything that would upset the sector should be avoided. This rise in price can lead to building failure as some may compromise on the cement ratio in order to complete a project as a result of cost. When the youth are not engaged they become a willing tool for violence and the construction sector is a good sector that absorbs youths,” he said.

    According to him, the rise in cost is unexplainable as nothing supports the wide margin of increase. A distributor, Onyemechi Iyamah, said he almost ended in court with some of his clients who deposited money for cement that he was not able to fulfill. He said at a point the price difference  between what was deposited by his customers was about N700.

    He claimed that he learnt that a certain cement manufacturer had an issue with manufacturing at a point which led to downtime and subsequent backlog of demands that was  manipulated by distributors which led to the scarcity of the product.

    Iyamah said he paid for over 600 bags of cement and got 150 despite that it took over 30 days to supply. He lamented that they were at the mercy of manufacturers and truck drivers, who see it as an avenue to make quick gain to the detriment of the businessmen and users. He regretted that while cement price was on the increase in Nigeria, it was at the rock bottom price across the borders. He called on the government to save small businesses to thrive and not to be stifled in the market.

    Asked which brand of cement is culpable, he responded that all of them are culpable as they all increased their prices. He called on government agencies such as Consumer Protection Commission ( CPC ) and other Ministries , Departments and Agencies (MDA).

    A developer, Adeniyi Adeleke, lamented the high cost of cement. He lamented that his clients are refusing to pay the rising price variation. He regretted that he would be forced to compromise just like others in his shoes which may have dire consequences of building failure as a result of inappropriate mixture of the elements of cement, sand and water in a particular building project. He called for investigations to know what exacerbated the rise in cost of the product even as construction is at its lowest ebb as a result of the pandemic and #END SARs demonstration.

    Alhaji Ismail Oni also lamented that he had not been able to take delivery of the cement he paid for in the last 60 days.

    According to him, he has laid off  three of his sales executive as most of his customers have left their sites trying to renegotiate with their clients. He asked that the government investigate this and sanitse the market. He wondered for how long he would stay without a buyer walking into his warehouse.

    Another developer and Managing Director AIMART International, Mrs. Bukola Iluyomade who plays in the lower and middle class property market, harped on the need to use alternative building materials. She said in all their sites, they use pre fabricated components to build houses with minute cement component. He advised that developers should embrace alternative building material to deliver affordable housing.