The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement.
He voiced concern that cement prices were skyrocketing despite the fact that road and housing contractors heavily patronized cement producers.
The meeting is scheduled for Monday, February 19, 2024, at the Ministry’s Conference Hall in Mabushi, Abuja. The statement was issued on Saturday by Orji Uchenna Orji, the Minister’s Special Adviser (Media).
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.”