• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 24, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Aluminium manufacturers worry about high cost of roofing products

The Matters Press by The Matters Press
November 20, 2021
Reading Time: 2 mins read
0
Aluminium manufacturers worry about high cost of roofing products

RELATED POSTS

PBAT expands military structure, approves more recruitment

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

Anambra State Aluminium Manufacturers Association (ASAMA) has called on the Federal Government to address the increasing cost of aluminium roofing products.

Mr Emeka Maluze, Chairman of the association made the call in Awka on Friday.

Maluze who is the Managing Director, Quality Aluminum and Steel Manufacturing Limited, Onitsha blamed the situation on over-dependence on importation.

He said the cost of production, especially electricity, had led to shutting down of most local firms thus turning them to mere importing and trading companies.

According to Maluze, the issue of high price of aluminium products is a Nigerian issue due to the total collapse of the Naira, in relation to foreign currencies.

“ASCON in Calabar produces a reasonable quantity of aluminium materials but they are exported, recycled or repackaged and imported back because we are specialists in consumption of imported products.

“Aluminium products consumed in Nigeria are predominantly imported while we export the raw materials.

“Even if we want to venture into full time production at our levels, the cost of production will drive the price further higher.

“This is because of high electricity cost and high exchange rate for importation of foreign sourced raw materials,” he said.

The ASAMA chairman said indigenous manufacturers should be supported to enable them add value to their process and make Nigeria contribute significantly to the supply side of the market.

Maluze said this was better than sending ingots abroad and later importing them at high cost.

He said that though he could not quantify the quantity of imported aluminium roofing products in percentage terms, almost all the aluminium products consumed in Nigeria were imported.

Maluze noted that Nigeria had the capacity to satisfy local demands and export to other countries if conscious efforts were made to address the challenges in the sector.

“During one of my journeys to China, I got to a particular country where I source products from and I saw about 80 trailer loads of aluminium ingots.

“And when asked what was happening, the purchasing manager of the company said they just arrived from Nigeria.

“That was in 2007, the man told me Nigerians don’t like consuming directly from their plates, they prefer sending it out, bringing it back and serving it as imported,” he said.

Maluze said the association was working assiduously with the Standards Organisation of Nigeria (SON) to sanitise the aluminium roofing products’ market and ensure that customers and genuine dealers were protected.

“As an association, we are engaging in constant self-sanitising, we are fighting importation and distribution of fake and substandard products with all seriousness in collaboration with SON.

“Periodically, we sit and identify members who are involved in sharp practices and report them to SON for appropriate sanctions. We are just an association, we don’t have the power to arrest,” he said.

Tags: Aluminium
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Tinubu signs amended electoral Act
Economy/Technology

Nigeria gains more global recognition -PBAT

July 24, 2026
Infrastructure gulp N2,7tn in Nigeria
Economy/Technology

Tinubu turning Nigeria into massive construction site

July 6, 2026
Covid-19 causes GDP’s contraction
Economy/Technology

Slash in vehicle import levies will reduce financial burden on Nigerians-TMV

July 6, 2026
Next Post

Fishermen face hard times but the public can help by buying from them direct

Africa exceeds $3bn investment on startups

Nigerian startups attain billion dollar status - Osinbajo

Recommended Stories

New naira notes: Rush as long queues of customers flood banks

Nigeria to establish bank for the youths

December 18, 2024
Fair exhibitors adopt strategies to boost sales

ECCIMA set for 34th Enugu International Trade Fair

January 19, 2023
Anti-graft agency indicts Emir of Kano

Emir Sanusi’s stance on Tinubu’s reforms selfish, parochial, says TMSG

January 18, 2025

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PBAT expands military structure, approves more recruitment
  • Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*
  • Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us