Tinubu gets advice from Nnamdi Kanu’s IPOB
The outlawed separatist group, the Indigenous People of Biafra, IPOB, has advised President Bola Tinubu to lift the ban imposed on Ibeto cement. The group said that doing so would reduce the soaring price of cement in the country.
In the statement, signed by its spokesperson Emma Powerful, IPOB said that the shutting out of Ibeto Cement from the market had created unfair competition.
“These (cement) prices are outrageous because capitalists have the backings of the government through monopoly to reap people off. If care is not taken, many Nigerians will become homeless in the next five (5) years, while the capitalists will keep making more money, IPOB stated.
“How can a country with over 200 million people allow only two companies to monopolize cement business in Nigeria? Since Dangote and BUA can’t help reduce the price of cement and other building materials, someone like Ibeto group with the capacity to bring down the price of cement should be given back his license to enter back into the Nigerian building materials market.
“If Ahmed Bola Tinubu, the President of Nigeria, is interested in reducing the strangling price of cement and other building materials, he should contact Ibeto and other patriotic company owners of building materials for help immediately.
“In conclusion, if President Bola Almed Tinubu is interested in curtailing the soaring price of cement, he should reverse the policy of Olusegun Obasanjo and bring back Ibeto cement into the Nigerian market.”
