The price of cement, which rose in the city of Calabar, Cross River State, has remained high, the News Agency of Nigeria reports.
After rising to a peak of NGN2000/bag (US$12.7)in January it dropped to NGN1700 the following month. But since then, an NAN investigation that the price has hovered between NGN1700 and NGN1800/bag in some areas of the city.
NAN notes that in 2010, a bag of cement was sold for between NGN1300 and N1400.
Concerns are mounting that the current prices are too high for the average consumer and smaller contractors. One building contractor said that the high cost was unjustified and called on the state government and local producer Unicem to tackle the high price.