Nigeria: Cement Price Must Reduce - Umahi Tells Manufacturers

Nigeria: Cement Price Must Reduce - Umahi Tells Manufacturers

The minister of Works, David Umahi has called on cement manufacturers across the country to immediately reduce the price of cement, insisting that the current cost of the product is placing pressure on ongoing infrastructure projects and increasing demands for contract variations.

Reduce cement prices now, Umahi tells manufacturers

The Federal Government has intensified pressure on cement manufacturers to reduce the cost of cement, warning that the current pricing regime is placing a heavy burden on ongoing infrastructure projects and triggering growing demands from contractors for contract variations. Minister of Works, Senator David Umahi, stated this on Sunday while delivering a keynote address at Read More: https://punchng.com/reduce-cement-prices-now-umahi-tells-manuf…

FG to engage cement producers July 1 over high prices

Umahi noted that President Bola Ahmed Tinubu’s administration is investing heavily in critical infrastructure nationwide, creating unprecedented opportunities for manufacturers and investors.

Nigeria Government to Cement Makers: Lower prices immediately

The minister also encouraged cement producers to expand their production capacity, noting that demand has increased significantly due to the government’s ongoing nationwide infrastructure projects.

FG asks manufacturers to reduce cement prices nationwide

The federal government has urged cement manufacturers nationwide to reduce prices, citing pressure on infrastructure projects, rising costs, and contractor demands.

FG Orders Cement Manufacturers to Cut Prices

The Federal Government has called on cement manufacturers across the country to immediately reduce the price of cement, insisting that the current cost of the product is placing pressure on ongoing infrastructure projects and increasing demands for contract variations.   Minister of Works, David Umahi, made the call while delivering a keynote address at an event in Lagos State on Sunday.   Speaking before industry leaders, investors, and stakeho…