BREAKING: Federal Government Summons Manufacturers Over Rising Cost Of Cement

Date: 17-02-2024 12:22 pm (4 months ago) | Author: Mister Jay Wonder
- at 17-02-2024 12:22 PM (4 months ago)

David Umahi, the Minister of Works, has convened a meeting with prominent cement manufacturers to discuss the escalating cost of cement.

He expressed worry that, despite huge patronage by road and housing contractors to cement manufacturers, the cost of the product was rising at an astronomical rate.

A statement signed by the Minister’s Special Adviser (Media), Orji Uchenna Orji, in Abuja on Saturday said the meeting will take place on Monday, February 19, 2024, at the Ministry’s Conference Hall, Mabushi, Abuja.

The statement read in part, “The Honourable Minister of Works, His Excellency, David Umahi CON, has summoned an urgent meeting of all cement manufacturers in Nigeria.

“Those invited are Dangote Plc, BUA Plc, Larfarge, and others.”

He quoted the Minister as saying, “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.”

Posted: at 17-02-2024 12:22 PM (4 months ago) | Addicted Hero
- Holopid at 17-02-2024 12:28 PM (4 months ago)
a beg make dem bring down price,ppl  still wan build upstairs  Roll Eyes
Posted: at 17-02-2024 12:28 PM (4 months ago) | Gistmaniac
- kp45 at 17-02-2024 12:39 PM (4 months ago)
When you guys want to make one man the sole-manufacturer
Posted: at 17-02-2024 12:39 PM (4 months ago) | Addicted Hero
- Edwarddy at 17-02-2024 12:52 PM (4 months ago)
Online (m)
Na now day break for tinubu government... Do you know what manufacturers go through in this country.... Cement will be sold for 20k hence dollar keep rising
Posted: at 17-02-2024 12:52 PM (4 months ago) | Upcoming
- fineboy77 at 17-02-2024 01:48 PM (4 months ago)
Online (m)
lets see

Posted: at 17-02-2024 01:48 PM (4 months ago) | Addicted Hero
- gogoman at 17-02-2024 03:42 PM (4 months ago)
Online (m)
bloody ridiculous from 5,500 early this month to damn 9,500.. thank God na tiler dey work now  Roll Eyes Roll Eyes Roll Eyes
Posted: at 17-02-2024 03:42 PM (4 months ago) | Grande Master


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