Umahi to meet with cement manufacturers on Monday over rising price of cement in the country

The Minister of Works, David Umahi, has called for a meeting with cement manufacturers on Monday to discuss the issue of over the increasing costs of cement.

In a statement issued by the Special Adviser to the Minister, Edward Uchenna Orji, it was highlighted that the Minister is concerned about the rising price of cement, especially considering the significant demand from road and housing contractors to cement manufacturers.

Those invited to the urgent meeting include Dangote Plc, BUA Plc, Larfarge and the other manufacturers.

The Minister 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”

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