Connect with us

Headlines

Distributors decry cement price increase, as BUA adds N200

Published

on

Nasiru Yusuf

Distributors and Customers in Kano state have expressed concern and dissatisfaction over the increase in the price of cement by BUA Cement Plc.

KANO FOCUS reports that the company has reportedly increased the ex-factory price of its cement product by N200, that is from N2,800 to N3,000 per bag over the weekend, a development that elicited fear in the minds of the people in the state, especially the end users.

BUA cement had in various statements issued between April 24 and June 18 this year, had refuted any claims of increase in the ex-factory price of its cement products by N300 per bag.

However, the recent development had indicated that the company had already increased N200 on a bag of a cement to distributors, causing fears that price of the commodity would soon skyrocket from its present N3,600 to N3, 800.

An investigation conducted in Kano on Wednesday indicated that both cement dealers and costumers are in panic that the increase in the price would add to the existing economic hardship.

A cement dealer in Kano, Musa Shehu, who sells cement at Sallari quarters, said he heard about the increase in the price of the commodity but it has not yet come down to the sellers.

According to him, a bag of cement is still sold at N3,550 and N3,600 so far, expressing fear that the increase would soon be effecttive.

He pointed out that the price increase is now at the level of distributors, adding that that it would come down to the retailers level and would negatively affect market.

Shehu stated that the increase in the price of the BUA cement by N200 would indeed inflict hardship on buyers and sellers, noting that the commodity is now available but if the stock runs out, the price increase would definitely be effective.

“Yes, we heard that the BUA cement company has increased N200 on the price of cement. But, for now, the price of the commodity is still N3,600.

” However, the price now has affected the major dealers but I’m sure it will come down to the retailers. We therefore call on the BUA management to review this decision and reverse the price because it would affect us, as customers will stop buying from us,” he said.

Another retailer, Auwalu Umar, noted that cement normally becomes available and cheaper during rainy season, especially in northern Nigeria, lamenting that the BUA cement company should not have increased the price in the wake of economic hardship.

“Let me tell you, if this increase is effected, i swear to God customers will stop patronizing it. If they stop, we are the one to be at a loss, not them.

“Considering the economic hardship Nigerians are experiencing, increasing the price of cement in this trying times is a bad idea. Let me use this opportunity to call on Alhaji Abdussamad to consider our plea and cancel this increase in price, otherwise, we will loose a number of customers,” he claimed.

On his part, a retailer, who pleaded for anonymity, lamented how BUA would increase the price of cement without considering the common Nigerians that buy the product for building.

According to him, the price increase would not stop at N200 at the distributors level, noting that it could go up to N4, 000 at the retailers level.

He noted that although the increase is not effected so far, but it will definitely go up when distributors run out of cement stock.

Reacting to the development, a major distributor of BUA cement in Kano, who preferred not to be mentioned, expressed anger over the development.

According to him, common citizens would be the ones to bear the brunt of the price increase, noting that retailers would also be affected as they might loose many customers.

The distributor wondered how BUA cement broke its promise it made months ago not to increase the price of the product, noting that the decision always affects end users.

“Ironically, the company arbitrarily increased the price without consulting distributors like us who are closer to the common citizens. BUA made promises that the company will not increase cement price, but it has now increased N200. This is a breach of business trust.

“My concern is that this decision always affect end users and when it affects end user, we too will also be affected.

” What baffles me is that, whenever these companies decided to increase a price of commodity, they will do it arbitrarily and will hardly reverse it,” he lamented.

The major distributor therefore called on federal government to intervene in order to end the suffering of Nigerians.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Kano closes hospital where a doctor performs multiple surgery alone

Published

on

Nasiru Yusuf

The Kano State Private Health Institutions Management Agency (PHIMA) has shut down Green-olives Hospital, Gadon kaya, Gwale local government area.

KANO FOCUS reports that the hospital was indicted for professional misconduct and poor service.

A statement issued by the spokesperson of the agency Abba Dalha said the agency has received a petition that the facility has recorded two death cases in the last six months.

After thorough investigation, the agency found that, the hospital do not undertake proper investigation nor issue consent form to patients before conducting a surgery.

According to the statement the surgeon is found to be to be doing the task of anaesthetic nurse, peri operative nurse and assistant surgeon which is grossly unethical.

The statement added that the surgeon is not inclined to any speciality of surgery as one of the recorded death case was a Paediatric surgery to three year old child, while the second death was Obstetrics and gynecology surgery.

The Agency threatened to deal with the culprit in accordance with it’s   guidelines and appealed to people to report quacks and professional misconduct for appropriate action.

Continue Reading

Headlines

Ganduje seeks Assembly’s approval to borrow N20bn

Published

on

 

 

Nasiru Yusuf

The governor of Kano state Abdullahi Umar Ganduje has sent a letter to House of assembly seeking for approval to access 18.7 billion loan from the federal government to cushion the effects of COVID-19.

KANO FOCUS reports that the speaker of the assembly, Hamisu Ibrahim Chidari read the letter on the floor of the house.

According to the letter, the state government is seeking the approval of the house to enable it access the funds which many states have been granted access to by their state house of assemblies.

He said,the federal government had approved the disbursement of over 18 billion Naira to all the 36 states as bail out funds.

The governor has also sent another letter to the House seeking for approval to secure a loan of over two billion naira for the procurement of 100 BRT buses.

The letter pointed out that earlier the Kano state government had paid five hundred million naira as deposit and wish to secure a loan for the completion of payment to expedite the delivery of the vehicles which will go a long way in curtailing transportation problems in the state.

After extensive and exhaustive deliberations, the house has granted the approval.

In a related development the house had received a letter from the office of the secretary to the state government, notifying the house of the swearing in of the chairman and members of the assembly service commission and the reappointment and elevation of the clerk and deputy clerk to the post of head of legislative services and permanent secretary respectively as well as other directors at the Kano state house of assembly.

Continue Reading

Headlines

Revenue sharing formula: Kano demands 1% allocation, increase for states and LGAs

Published

on

Nasiru Yusuf

Kano State government has demanded a one per cent special status in the Federal revenue  allocation formula.

KANO FOCUS reports that the demand was made in a memorandum presented by the Secretary to the  State Government and head of Kano state delegation, Alhaji Usman Alhaji, (Wazirin Gaya), during the North West Zonal Public Hearing on the review of the current vertical revenue allocation formula organized by the Revenue Mobilization Allocation and Fiscal Commission in Kaduna on Monday.

Alhaji Alhaji noted that the demand is genuine, justifiable and in no way controversial considering the enormous responsibilities the state is currently shouldering due to high influx of people displaced or affected by insecurity in neighboring states including Katsina, Zamfara, Kebbi, Sokoto and others.

He also highlighted the status of the state as the most populous in the country, its cosmopolitan and heterogeneous nature as “mini Nigeria”, as well as being the commercial hub for the north that attracts and accommodates people from all parts of the country and beyond, as other reasons for the demand.

The Secretary to the State Government therefore urged the federal government to positively consider the special status demand so as to support the development of Kano particularly in the areas of agriculture, trade and commerce and manufacturing as “it will translate into rapid development for the country generally.

“Our reasons are for the development of Nigeria as a whole”. He added.

The SSG further noted that the current revenue sharing formula is skewed largely in favour of the federal government to the detriment of states and local governments as the federating units, which he described as uneven, unfair and unjust.

He noted that the decision of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) to review the current revenue sharing formula, in line with its statutory constitutional responsibilities,  is commendable as it is long overdue in view of the changing political, economic, social and ecological realities in the country.

Alhaji Usman Alhaji further noted that despite taking the lion’s share, the federal government could not effectively and adequately discharge most of its responsibilities in states, like ensuring security and provision of healthcare services which, he said, were left for the states to take care of.

” The insecurity and violence in the North can be link to the uneven distribution of the national wealth. …Some have too little while others have too much to spend. As federating units, no one should be left in dare need “, he added.

While noting that states spend more than the federal government on healthcare and other services in addition to huge expenditure for the police and DSS, he suggested that states should have larger share in the revenue allocation formula.

The SSG therefore, on behalf of Kano State Government, proposed a new sharing formula of 41 percent for Federal Government, 34 percent for states and 24 percent for local governments while the 13 percent derivation should be maintained.

The Kano State delegation to the North West Zonal public hearing comprise commissioners, Special Advisers, top civil servants, traditional leaders, representatives of CSOs, NGOs and students organizations.

Other states that presented memoranda at the occasion include Jigawa, Kaduna, Kebbi, Sokoto and Zamfara.

Continue Reading

Trending