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FG SUMMONS MANUFACTURERS TO ADDRESS RISING COST OF CEMENT

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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. David Nweze Umahi CON, has summoned an urgent meeting of all cement manufacturers in Nigeria.

Those invited are:

1. Dangote Plc

 2. BUA Plc

3. Larfarge and others.

According to a press statement by the Special Adviser (Media) to the Hon. Minister of Works, Hon. Barr. Orji Uchenna Orji, the meeting shall hold as follows:

Date:  Monday, February 19, 2024.

Venue:  Federal Ministry of Works, Mabushi, Abuja

Time:  1 pm

The Minister stated “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 to find a common front.”

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