FG SUMMONS MANUFACTURERS TO ADDRESS THE RISING COST OF CEMENT

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 are:
1. Dangote Plc,
2. BUA Plc
3.Larfarge and others.

According to a press statement signed by Hon. Barr. Orji Uchenna Orji,
Special Adviser (Media) to the Hon. Minister of Works, the meeting shall hold as follows:
Date: 19th February, 2024.
Venue: Federal Ministry of Works, Mabushi-Abuja
Time: 1 pm

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.”