The Minister of Works, Engr Nweze David Umahi says the Federal Government is ‘worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers.’
He therefore summoned cement manufacturers in the country toward ensuring unbiased cost control of the very important building material.
A statement on Saturday, signed by his Special Adviser on Media and Publicity, Barr. Vitalis Uchenna Orji, said the management of Dangote Cement, BUA Cement and Larfarge are among manufacturers summoned by the Minister.
The meeting is scheduled for 1.00 PM on Monday February 19, 2024, at the Federal Ministry of Works, Mabushi, Abuja. The meeting chiefly aims to address the escalating cost of cement.
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,” the Minister added.
