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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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Triple national stampede: Adopt realistic actions to tackle corrosive hunger- Reps Minority Caucus tell FG

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…mourn victims of stampede across Nigeria

By Kayode Sanni-Arewa

The House of Representatives Minority Caucus has advised the Federal Government to adopt a more realistic approach to tackle corrosive hunger as it mourn those who paid the supreme sacrifice in the Okija, Ibadan and Abuja stampedes.

This was contained in a statement dated December 22, 2024, signed on behalf of the caucus by its Leader, Rep Kingsley Chinda stating that:

“The Minority Caucus of the House of Representatives is deeply pained by the unfortunate triple disasters that occurred in Ibadan, Okija, and Abuja which led to multiple deaths, and many injuries during distribution of empowerment palliatives, and other giveaways.

” We are shocked at the severity of the pains, deaths, and injuries that happened at these respective locations while people were gathered to receive foods, and other items to mark the yuletide season.

“As a Caucus, it is saddening that in just few days, we lost about 70 people; including children, nursing mothers, women, and the elderly as a result of stampedes that happened at the distribution points.

” It is heartbreaking, and heartrending that these victims payed the supreme price in search of what to eat. Pathetic, and dehumanizing!

The caucus further stressed that: “Due to biting economic situation that has led to debilitating poverty, and corossive hunger, it is worrying that these terrible occurrences are gradually becoming the norm across the country.

“We are saddened that as a result of harsh economic realities, many people; who have fallen into untoward hardship, and penury throng any, and every empowerment palliatives event in search of what to eat.

“As a result of these disturbing trend, the Caucus strongly appeal to the Federal Government and various intervention agencies to take immediate actions towards increasing, and improving empowerment programmes.

“With the negative global attention these avoidable incidents have generated, we reiterate that the FG and State Governments should do more by ensuring that these palliatives percolate to the right people that need such.

“As we commiserate with the families of those who died at the stampedes, and identify with those who suffered various degrees of injuries, the Caucus calls for proper security arrangements; full-proof crowd management; and appropriate medical services at the venues of distribution of empowerment palliatives by governments, agencies, politicians, religious bodies, social groups, and individuals.

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2.1 tons cocaine seizure: 4 drug barons get 28yrs in jail, forfeit VGC houses, N67m, $50,000+Photos

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By Kayode Sanni-Arewa

. Their conviction and forfeiture of their assets a historical blow to illicit drug trade, says Marwa

Four drug kingpins arrested in connection with the historic seizure of 2,139.55 kilograms of cocaine at an Ikorodu residential estate in 2022 have been convicted by a Federal High Court, Lagos, presided over by Justice Yellim Bogoro who sentenced them to various jail terms totaling twenty-eight (28) years with hard labour.

The convicts: Soji Jubril Oke, 71; Wasiu Akinade, 55; Emmanuel Arinze Chukwu, 67; and Kelvin Christopher Smith, 44, a Jamaican, were charged with six counts in charge number: FHC/L/607C/2022 in October and December 2022, while the trial of the fifth suspect, Oguntolure Sunday arraigned along with them is still ongoing in court. The charges border on conspiracy to form and operate a drug trafficking organization (DTO); management and financing of a DTO; importation and possession of 2,139.55 kilograms of cocaine, among others.

Operatives of a special operations unit of NDLEA had in a well-coordinated and intelligence-led operation on Sunday 18th September, 2022 raided a house located at 6 Olukuola crescent, Solebo estate, Ikorodu, Lagos where the over 2.1 tons of cocaine were seized, the largest singular cocaine seizure in the history of Nigeria’s anti-narcotic operations. The drug kingpins were picked from hotels and their hideouts in different parts of Lagos between the night of Sunday 18th and Monday 19th September, 2022.

After over two years of diligent prosecution, the trial judge handed the Jamaican, Kelvin Christopher Smith four years imprisonment with hard labour; Emmanuel Arinze Chukwu got a total of 16 years; Soji Jubril Oke got five years with hard labour and Wasiu Akinade three years with hard labour. The trial judge however gave the convicts varying options of fine with the exception of one of them who will serve his full jail term without an option of fine.

They were also to forfeit a grey colour Toyota Tacoma SUV marked AAA-734HT registered in the name of Emmanuel Chukwu; $50,000:00 USD (Fifty Thousand US Dollars) belonging to Chukwu; N55,099,509.50 (Fifty-Five Million, Ninety-Nine Thousand, Five Hundred and Nine Naira, Fifty Kobo only) also belonging to Chukwu; the sum of N9,003,168.06 (Nine Million Three Thousand, One Hundred and Sixty Eight Naira Six Kobo only) belonging to Wasiu Akinade and N3,052,295.20 (Three Million, Fifty Two Thousand, Two Hundred and Ninety Five Naira Twenty Kobo only), also belonging to Akinade.

The Agency also in another suit marked FHC/L/MISC/672/2024 and filed before Justice Bogoro on 9th December 2024 after an initial interim forfeiture order, secured the final forfeiture of two houses linked to members of the drug cartel.

According to the trial court: “That an Order of final forfeiture and confiscation is granted in favour of the Federal
Government of Nigeria, Landed Property/House Number 6 Olokunola Street,
Sholebo Estate, Ikorodu Lagos, Lagos State, as contained in Exhibit NDLEA 2A, 2B,
and 2C attached to this application used for the storage and concealment of 2,139.55kg (More Than Two Tons) Cocaine, an illicit substance similar to Heroin and LSD.

“That an Order of final forfeiture and confiscation is granted in favour of the Federal Government of Nigeria, Landed Property/House Number J9, Road 3, Close 1,
Victoria Garden City (VGC) Estate, Lagos, Lagos State, as contained in Exhibit NDLEA 3
attached to this application reasonably believed to be bought with proceeds derived
from trafficking in illicit drug substances (proceeds of crime) as in relief 1 of this Motion.

“That an Order is granted directing the sale or disposal by any other means provided by law of the forfeited House/Landed Property by the Applicant and the payment of the proceeds
therefrom to the Federal Government of Nigeria.”

While commending all the officers and men of the Agency involved in the extensive investigation and prosecution of members of the drug cartel, Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd) said the case is a historical blow to the drug cartels and a strong warning that they’ll not only go to jail but will equally lose all their investments in illicit drug consignments including all the properties and wealth acquired through the criminal trade.

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Arewa Christians Association Salutes Nigerians At Christmas

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…urge President Tinubu, governors to be more humane in their policies
By Gloria Ikibah
The Arewa Christians and Indigenous Pastors Association (ACIPA) has congratulated Nigerians as they mark the birth of Jesus Christ, Saviour of the world.
In a statement by ACIPA Chairman, Rev. (Dr) Luke Shehu, on Wednesday, he urged President Bola Tinubu and state governors to be more compassionate and humane in their policies, decisions and utterances.
The statement reads: “Ours is a faith beyond hope or religion. A faith for fulfilled individual and corporate destiny fulfillment. Therefore, with the audacity of our faith we wish ALL a Merry Christmas and prosperous New year.
“As we celebrate Christmas and mark the New year with an audacious faith working to make Nigeria greater, we call on Mr. President, Bola Ahmed Tinubu and our governors to be more compassionate and humane in their policies, decisions and utterance.
“ACIPA is aware that the removal of subsidy was a necessity that was long overdue in view of the corruption surrounding the oil industry in Nigeria.
“While appreciating the President, that for the first time in years, Nigerians have not experienced the hardships associated to petroleum scarcity associated to Christmas and the Muslim Sallah celebrations. We therefore commend the President and call on him to sustain the tempo while maintaining the momentum at the war against corruption and total annihilation of terrorist so that our soldiers can go back to their barracks.
“As we journey in the path to fulfillment of our destiny, we wish to draw attention of Mr President and all governors as captains of the ship to be aware of many Jonahs that may lead to the capsizing of the nation or states ship. If the Jonahs’ in our ship(s) can not recuse themselves or asked to be thrown out, then certainly the captains, crew and passengers need to take a lot and throw the Jonahs out.
“In the years ahead as we journey along our path to destiny as a great nation on earth, we can not afford backlog of liabilities who are often political croonies in governance as a result of personal allegiances or family ties. This is unacceptable especially where such croonies are counter productive or a cog in the the wheel of our nation and states. Leadership requires courage and audacious pragmatism.
“Once more, ACIPA wishes ALL Nigerians a secured, blessed Merry Christmas and a prosperous New year”, he added.
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