Federal government has summoned Dangote, BUA, Larfarge and others over the increasing cost of cement.
The Minister of Works and Housing, Dave Umahi in a statement issued Friday by his Special Adviser on Media, Orji Uchenna, said the meeting has been scheduled to hold on 19th February, 2024 at the ministry.
He said: “Worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers, the Honourable Minister of Works, Senator Nweze David Umahi has summoned an urgent meeting of all cement manufacturers in Nigeria.
“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. Please treat this as a matter of urgent national importance.”
