Expected at the meeting are Dangote Plc, BUA Plc, Larfarge and the other cement manufacturers.
By Jeffrey Agbo
The Federal Government has summoned cement manufacturers to a meeting on Monday, February 19 to examine the issues surrounding the rising prices of cement.
The price of cement now ranges between N6,500 to N15,000 per bag.
Minister of Works, David Umahi, will represent the government at the meeting, reports The Nation.
Expected at the meeting are Dangote Plc, BUA Plc, Larfarge and the other cement manufacturers.
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Special Adviser to the Minister on Media, Uchenna Orji, said his principal was “worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers.”
The meeting is scheduled for the Federal Ministry of Works, Mabushi-Abuja.
Umahi was quoted as saying 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,” he added.