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FG Summons Manufacturers Over Surging Cement Costs

FG Summons Manufacturers Over Surging Cement Costs

The Minister of Works, David Umahi, has called for a meeting with major cement manufacturers to address the concerning increase in cement prices.

Despite significant demand from construction projects, the cost of cement has been skyrocketing.

In an official statement released by the Minister’s Special Adviser (Media), Orji Uchenna Orji, the meeting is scheduled for Monday, February 19, 2024, at the Ministry’s Conference Hall in Mabushi, Abuja. Prominent cement manufacturers such as Dangote Plc, BUA Plc, Larfarge, and others have been invited.

Minister Umahi emphasized the need to understand the challenges faced by manufacturers while expressing concern about the notable gap between ex-factory prices and market prices. The goal of the meeting is to investigate the situation and address any issues collaboratively.

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