The Joint Committee of the House of Representatives investigating arbitrary rise of cement price in the country has asked major producers in the industry to tender documents on cost production to justify the price of cement in the market. The committee…
The National Association of Block Moulders of Nigeria (NABMON) has urged the Federal Government to reduce import duties on cement manufacturing components to attract more foreign investment in the sector. The National President, NABMON, Mr Adesegun Banjoko, gave the advice…
…Says private sector account for over 80% of Nigeria’s GDP By Seun Ibiyemi The Centre for the Promotion of Private Enterprise, CPPE, has said that the recent comments of House of Representatives members against cement manufacturers over price hikes are…
The House of Representatives has resolved to invite the management of the Dangote BUA and other cement manufacturers to interface over the high cost of cement in the country. This followed the adoption of a motion by Rep. Jonathan Gbefwi…
The Senate has resolved to investigate the sudden hike in the price of cement by its producers in Nigeria. This followed the adoption of a point of order by the Deputy Senate Leader, Sen. Lola Ashiru on the “Need to…
The Cement Producers’ Association of Nigeria, CEPAN, has expressed readiness to support the President Bola Tinubu administration in reducing the price of cement in 30 days. The Chairman of CEPAN, Prince David Iweta, told The Tribune on Monday that…
Stakeholders in the building industry have attributed the high cost of cement in Nigeria to forces of demand and supply caused by monopoly and low production levels of major producers of the commodity. A survey conducted by our Correspondent in…
