The Indigenous People of Biafra, IPOB, has told President Bola Tinubu to immediately crash the price of cement and other building materials.

 

The group said the hike in price is as a result of unfavourable monopoly.

 

The spokesman of IPOB, Emma Powerful, urged Tinubu not to allow Nigeria implode by crashing the price of cement and building materials.

 

In a statement he signed, Powerful blamed the current suffering of Igbos and Nigerians on policies of ethnic bigotry against their businesses.

 

“The global family and movement of the Indigenous People of Biafra (IPOB) ably led by the great and indefatigable leader, Mazi Nnamdi Kanu calls on the Nigerian Government to break the unfavorable Fulani monopoly on cement and other building materials currently being experienced in the country.

 

“The current suffering of Ndigbo, together with other Nigerians, are consequences of ethnic bigotry policies against Ndigbo’s business interests.

 

“Dangote and BUA, the two Fulani owned companies, have been unfairly favoured, and the duo has monopolized cement business courtesy of the Nigeria government under the Obasanjo regime.

 

“If Alhaji 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.

 

“We are not begging the government not to allow Nigeria to implode. However, if Nigeria wants to crash, let them tumble. Meanwhile, Biafrans will continue to survive, eat, and build houses before Biafra comes.

 

“If President Bola Tinubu is interested in curtailing the soaring price of cement, he should reverse the wicked and vicious policy of Olusegun Obasanjo and bring back Ibeto cement into the Nigerian market.

 

“Any government that restricts competition and favours monopoly is a wicked government that doesn’t care about the people. Such a government is referred to as a government by the cabals and for the cabals. Tinubu should bring back fair market prices by allowing competition.

 

“Currently, a bag of cement is sold for almost N12,000, while 12mm of iron rod is sold at N13,000. These 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,” he wrote.