“FG Takes Action to Reduce Cement Prices Amid Rising Costs”

The Federal Government has announced its commitment to addressing the issue of rising cement prices in Nigeria.

This comes after a meeting with cement manufacturers on Monday, where the government discussed ways to reduce the exorbitant cost of cement across the country.

According to a statement released in Abuja, the government plans to focus on road maintenance and explore ways to reduce import levies and petrol prices.

These measures are expected to have a direct impact on the cost of cement, which has been a source of concern for many stakeholders in the construction industry.

The rising cost of cement has been attributed to a variety of factors, including high import duties and the cost of transportation.

The government’s decision to look into these issues is a step in the right direction, as it could potentially lead to a reduction in the price of cement and make it more affordable for consumers.

The government’s commitment to addressing the issue of cement prices is a positive development, as it demonstrates its willingness to engage with stakeholders and take action to address the concerns of the construction industry.

This move is also expected to have a positive impact on the economy, as it could lead to increased construction activity and job creation.

The Federal Government’s decision to focus on road maintenance and reducing import duties and petrol prices is a welcome development that could lead to a reduction in the cost of cement.

This move is expected to have a positive impact on the construction industry and the economy as a whole.