FG summons manufacturers of cement over rising cost

Sat, Feb 17, 2024
By editor
1 MIN READ

Politics

WORRIED by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers, the Honourable  Minister  of Works, His Excellency Sen Engr Nweze David Umahi CON, has summoned an urgent meeting of  all cement manufacturers in Nigeria.

 Those invited include  Dangote Plc, BUA Plc Larfarge and others.

According to a press statement signed by Orji Uchenna Orji, special adviser (Media) to the minister of Works, the meeting shall hold on

 February 19 at the Federal Ministry of Works, Mabushi-Abuja, by 1pm.

The Minister stated that “it is common knowledge that the manufacturers have their challenges, which we shall look into, but from our findings, the  disparity between ex-factory price and the market price is wide. We therefore need  to look into the situation and other  issues with a view  to finding a common front.”

17th February, 2024.

C.E.

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