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Manufacturers List Conditions To Slash Rising Cement Price

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Cement Manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide, PUNCH Online reports.

However, the manufacturers stated that the price drop from the current market price would depend on the fulfilment of certain government interventions to ameliorate critical challenges faced in the industry.

The Minister of Works, David Umahi disclosed this after a meeting with leading manufacturers on Monday in Abuja.

The meeting was against the backdrop of the ballooning price of the commodity to approximately N13,000 in several retail stores in the Federal Capital Territory, and Enugu, indicating the impact of inflation within the country.

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Findings indicated that the price hike was attributed to the increase in wholesalers reselling to retailers and the escalating inflation rates.

But at the meeting directed by President Bola Tinubu, Umahi lamented the current rate stating that it was abnormal and detrimental to economic prosperity sought after by the current administration.

Reading the communique, the minister said certain issues including smuggling, bad roads, high energy costs, and the Forex crisis caused the high prices but stressed that manufacturers have expressed their readiness to be willing to bring down the prices in the future.

He said, “The cement manufacturer has noted to the government that the present high cost of cement in the market is very much abnormal in some locations nationwide. Ideally, they noted that cement price, and retail price to a consumer should not cost more than between N7,000 to N8,000 per 50 kg bag of cement.

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“Therefore, the government and the cement manufacturers, which are Dangote Plc, BUA Plc and Lafarge Plc have agreed to have their cement price nationwide between N7,000 to N8,000 naira per 50 kg pack of cement, depending on the locations, which means that this price depends on the locations.

“Going forward, the government advised manufacturers to set up a price monitoring mechanism to ensure compliance with the prices that are set today.”

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Bandits: They still prefer to return to terrorist activities despite their rehabilitation – John Enenche

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Retired Major General and former Defence spokesperson, John Enenche, has raised concerns over Nigeria’s rehabilitation and reintegration programme for former terrorists, revealing that some participants openly expressed their intention to return to insurgent activities.

The retired military officer recounted being part of an assessment team that visited camps housing former terrorists in locations including Gombe. According to him, some of the individuals undergoing rehabilitation admitted they remained committed to their former causes despite being enrolled in government-backed deradicalisation programmes.

Speaking during an interview on Channels Television on June 3, 2026, Enenche said his personal experience assessing former insurgents in rehabilitation camps left him doubtful about the effectiveness of the current approach.

“I was part of a team that visited their camps in Gombe and elsewhere to assess them. Some told me: ‘Even if you take me to prison and bring me out, I am still going back to join them,’” Enenche said.

His remarks came as he discussed the merits and shortcomings of rehabilitation initiatives designed to reintegrate repentant terrorists and bandits into society. While acknowledging that rehabilitation and reintegration are recognised international practices, Enenche argued that Nigeria must critically evaluate whether such programmes are achieving their intended objectives.

The former Defence spokesperson suggested that authorities should reconsider existing approaches where evidence indicates that participants remain committed to violent extremism. He maintained that individuals who continue to pose security threats should not be treated as genuinely reformed simply because they have entered rehabilitation programmes.

Enenche’s comments add to the broader national debate over the effectiveness of initiatives such as Operation Safe Corridor, which was established to deradicalise and reintegrate former insurgents who surrender to security forces.

His intervention comes amid renewed concerns over insecurity across several parts of the country, with kidnappings, bandit attacks and insurgent violence continuing to challenge security agencies despite ongoing military operations.

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Gov Sani signs laws to transform energy, agric, climate governance

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Governor Uba Sani has signed three laws that will provide a comprehensive framework to transform the energy, agriculture and environmental sectors of Kaduna State.

A statement issued by the Commissioner for Information and Culture, Malam Ahmed Maiyaki, listed the new laws as the Kaduna State Electricity Law, 2026, Kaduna State Agricultural Development Fund (KADFund) Law, 2025, and Kaduna State Climate Change Advisory Board Law, 2026.

The statement quoted the Deputy Chief of Staff, Legal and Legislative Matters to the Governor, Dr. Mustapha Musa, as describing the laws as the most transformative governance reform packages.

He further said that the laws aim at expanding energy access, accelerating agricultural growth, strengthening climate resilience, and driving sustainable economic development through strong institutions.

The statement pointed out that the Kaduna State Electricity Law, 2026 establishes the Kaduna State Electricity Regulatory Commission to oversee electricity generation, transmission, distribution, and supply within the State.

The Commissioner added that the Electricity Law will create opportunities for private-sector investment, renewable energy development, and improved access to electricity.

Maiyaki also said that the KADFund Law, 2025 creates a dedicated financing mechanism to support farmers, cooperatives, agribusinesses, and agricultural value-chain actors through grants, soft loans, technical assistance, and investments in critical infrastructure aimed at boosting food security and agricultural productivity.

He further noted that the Kaduna State Climate Change Advisory Board Law, 2026 establishes a state-level framework for climate action, environmental sustainability, climate finance mobilization, and the integration of climate considerations into development planning, reinforcing Kaduna’s commitment to sustainable development.

The Commissioner also said the three laws collectively underscore the administration’s vision of building resilient institutions capable of driving inclusive growth, attracting investment, expanding opportunities, and delivering lasting benefits to citizens.

He noted that the landmark legislations reflect Governor Uba Sani’s commitment to laying the foundations for a prosperous, sustainable, and competitive Kaduna State through electricity sector reform, agricultural transformation, and climate-responsive governance.

According to him, the reforms establish the institutional framework needed to strengthen food security, improve living standards, and position Kaduna as a model for innovation, sustainable development, and effective subnational governance.

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EFCC arraigns oil magnate, two others over alleged N691.6m fraud

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The Economic and Financial Crimes Commission (EFCC) has arraigned the Managing Director of Abu-Haneefa Oil and Gas Ltd, Musa Farouk Abubakar, alongside his company and Sandra Chizoba Attoh before Justice Obiora Egwuatu of the Federal High Court, Maitama, Abuja, over alleged fraud involving N691.6 million.

The defendants were arraigned on an amended 15-count charge bordering on conspiracy, corruption, and money laundering to the tune of N691,677,310, according to a statement by the anti-graft agency posted on X.

One of the counts alleged that Abubakar, in July 2025, transferred N297 million from the company’s Zenith Bank account to an account belonging to Attoh, knowing the funds were proceeds of unlawful activity.

Another count alleged that he procured Attoh to transfer N262.8 million to a company account for the purchase of property at Kapital Villa, Guzape, Abuja, also suspected to be proceeds of corruption.

All the defendants pleaded not guilty to the charges.

Following their pleas, prosecution counsel, Rita Ogar, urged the court to fix a trial date and remand the defendants in a correctional facility, stating that the EFCC had “overwhelming evidence” against them.

Counsel to the first and second defendants, Ishaka M. Dikko, informed the court that a bail application had already been filed and urged that his client be remanded in EFCC custody pending hearing.

Counsel to the third defendant, Y. G. Haruna (SAN), also confirmed filing a bail application and noted that responses had been exchanged between both parties.

Ruling on the applications, Justice Egwuatu ordered that the first defendant be remanded at the Kuje Correctional Centre pending the determination of his bail application, while the third defendant was granted bail in the sum of N200 million with two sureties in like sum.

The court held that the sureties must reside in Abuja, provide verifiable means of identification, deposit passport photographs, and own property within the jurisdiction. One of the sureties must be a civil servant not below Grade Level 15 and must present letters of appointment and promotion.

The case was adjourned to September 1 and 2, 2026 for trial.

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