The Minister of Works, David Umahi, has summoned major cement manufacturers in the country over the rising cost of the product.
In a statement released on Saturday in Abuja and signed by his Special Adviser on Media, Orji Uchenna Orji, the minister expressed 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, according to the statement.
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, Lafarge, and others.”
Mr Orji 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.”
