Rising cost of building materials forcing people to re-sell their lands

Prospective homeowners in Ashanti region are facing challenges due to rising building material costs, particularly cement.

The price hike, attributed to currency depreciation, inflation, and import duties, has forced some to resell their lands.

Frustrated callers on Luv FM shared their concerns, citing difficulties in planning construction due to fluctuating prices.

Cement manufacturers, however, argue against Trade Minister K.T. Hammond's call for price reversal, fearing industry collapse.

Some companies plan to reduce clinker in cement and add more clay by 2025 to mitigate costs.

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