February 17, 2024

Rising Cost Of Cement: FG Meets With Dangote, BUA, Lafarge, Others

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By Abiola Olawale

The Federal Government of Nigeria is set to hold a meeting with Dangote, BUA, Lafarge and other cement manufacturers in the country.

The Minister of Works, David Umahi, who made this announcement said the federal government will meet with stakeholders in the cement industry over the rising cost of the product.

The Minister’s Special Adviser (Media), Orji Uchenna Orji, in a statement in Abuja on Saturday, said that the meeting would take place on Monday, February 19, 2024, at the Ministry’s Conference Hall, Mabushi, Abuja.

According to the statement, the minister wondered why the cost of the product was rising at an astronomical rate despite huge patronage by road and housing contractors to cement manufacturers.

According to the statement, “The Minister of Works, David Umahi, has summoned an urgent meeting of all cement manufacturers in Nigeria.”

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