High Construction Material Costs Drive Residents Away From Building Projects In Taraba

The surge in building material costs in Taraba State has raised alarm among residents, especially those aspiring to build their homes.

Numerous construction projects throughout the state, as reported by DAILY POST, are now at a standstill due to the unprecedented increase in material prices.

As of the latest update, construction activities in various regions of the state have been halted due to the sharp escalation in building material prices.

The cost of a six-inch block, formerly priced at N8, has shot up to N270, while a nine-inch block has surged from N120 to N380.

In addition to the spike in cement prices, the cost of sharp sand has also risen significantly, soaring from N5000 to N15,000 per trip.

Many individuals who had initiated housing projects are now compelled to abandon them due to the exorbitant prices of building materials.

Alaba Omowale, who had to suspend his three-bedroom project, expressed frustration, urging authorities to intervene and assist ordinary citizens who cannot afford the escalating material costs.

“I have abandoned the three-bedroom project that I started last year because of the current prices of cement, iron rods, blocks, and others,” lamented Omowale.

Sani Kabiru echoed similar sentiments, questioning how anyone could afford to build a one or two-room apartment with the current prices of six-inch blocks and cement.

Speaking to BUSHRADIOGIST, dealers of building materials attributed the price surge to the increase in the dollar exchange rate and petroleum products.

While hoping for a natural decline in prices, they urged authorities to address the fluctuations in the petroleum market and stabilize the dollar exchange rate.

“We are also not comfortable with this development because several of our customers have put their building projects on hold across the state,” expressed one dealer.

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