By Naomi Uzor
Nigerian Institute of Quantity Surveyors, NIQS, yesterday, called on all stakeholders in the building and construction industry to sustain the slash in the prices of cement as announced by the management of Dangote Cement Plc.
NIQS made the call when its Lagos State Chapter led by its Chairman, Mr. Olayemi Shonubio visited the Group Managing Director of Dangote Cement, Mr. Devakumar Edwin.
A statement by Dangote group Media Relations Manager, Mr. Francis Awowole-Browne, quoted NIQS as saying that what the management of Dangote Cement did was unprecedented in the history of pricing and adjustment and that behooved on all to ensure the price slash succeeded.
Mr. Shonubi said his institute had always been concerned about the hitherto skyrocketing price of cement and other building materials and heaved a sigh of relief when the Dangote Cement came up with the new price regime.
However, Shonubi expressed regret that some stakeholders including those who should be at the vanguard of price cut had doubted the ability to sustain the slash, saying it would be a matter of time before the price moved up again.
The Lagos Chairman insisted that the management of that company had done what it should do in the interest of the Nigeria and her citizen and that all hands must be on deck to ensure the new price was not hijacked by profiteers and other undesirable elements who did not mean well for Nigerians.
According to him, “We are here to thank the management of Dangote Cement Plc for the good gesture to bring down the price of cement. We hold Dangote cement in high esteem and the price slash has further portrayed you as a truly indigenous company. The price reduction will no doubt help the federal government in the transformation agenda especially in the area of provision of affordable housing. More Nigerians can now have hope of owning a house.
“We also know that some spoilers would have gone to work to ensure the new price regime does not succeed. This is where we want to employ all stakeholders to help and ensure that the new price is maintained. We all have a role to play to sustain the new price regime of cement as announced by Dangote. We are ready to partner with you in any way you think we can be useful. Nigerians have suffered too much because of the high cost of building materials.”
On his part, Mr Edwin thanked the Institute for supporting the new price regime and urged members to educate Nigerians on the different grades of cement available and their applications so that new price cut would achieve the desired objectives.