Ebonyi stone dealers shutdown operations over Chinese firm’s incessant price hike

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Stone Dealers Association and Truck Owners Association in Ivo Local Government Area of Ebonyi State, have shut down their businesses to protest increase in the price of materials by Chinese firms operating in the mineral rich local government. The two associations also shutdown businesses to protest an increase in haulage fees by the Chinese firms.

The associations shutdown businesses last week and vowed not to start operations until the prices of the materials and haulage were reduced. Mr Njoku Godwin Uchechi, the chairman of Amaeze chapter of Ivo Association of Stone Dealers said they were protesting the incessant increment in the price of materials in the business which he said was severely affecting the association.

On his part, the chairman of Anor Stone Dealers Association in the local government, Mr Chukwu James Okafor, said all the sizes of stones are affected in the price increment. 'They increased the prices of these shippings to 50 per cent which is not supposed to be so. We are not against the increment but it is very harsh on us and it is affecting us in the business. We are the marketers and they are the producers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Association calls for renewed efforts in tackling insecurity in NigeriaThe Alumni Association of the National Institute (AANI), has called for renewed efforts in tackling insecurity in the country.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Ebonyi Police to investigate viral video showing officers engaged in uncivil conductThe Ebonyi State Police Command says it has begun investigation into a viral video which showed the uncivil conduct of some of its officers. The Command's Police Public Relations Officer, PPRO, DSP Joshua Ukandu, made this known to newsmen in a statement on Sunday.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Crisis brews in Ebonyi community over dissolution of town union leadershipCrisis is brewing in Ekka community, Ezza North Local Government Area of Ebonyi State, following the dissolution of the town union leadership by Governor Francis Nwifuru's aide in the area, Chika Igboke The town union leadership led by a septuagenarian, Oketa Francis, which was constituted by the late traditional ruler of the community, has...
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Insecurity: Ebonyi govt bans tinted glasses, unregistered carsThe Governor of Ebonyi State, Rt. Hon Francis Nwifuru, has explained that the Executive Order banning the use of tinted glasses and unregistered cars in the state was as a result of the rising spate of insecurity.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Former Nigerian High Commissioner elected as President-General of Okun Development AssociationFormer Nigeria's High Commissioner to Sri-Lanka, Ambassador Akenson Rotimi, has been elected as the President-General of the Okun Development Association (ODA) in Kogi State.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Human Rights Writers Association condemns Miyetti Allah's call to arrest Sunday IgbohoHuman Rights Writers Association of Nigeria (HURIWA) has condemned the statement of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), urging President Bola Tinubu to arrest and prosecute Yoruba nation agitator, Sunday Adeyemi, popularly known as Sunday Igboho for treason.
Source: GuardianNigeria - 🏆 1. / 94 Read more »