Umahi Summons Cement Manufacturers Over Price Hike in Nigeria

The Federal Government of Nigeria has taken a proactive step to address the rising cement prices in the country.

The Works Minister, David Umahi, has summoned cement manufacturers to a crucial meeting to discuss the issue and find a way forward.

This meeting comes as a response to the growing concerns over the escalating cost of cement, which has been affecting the construction industry and the overall economy.

The government is determined to find a solution to this problem and ensure that the cement industry remains a key driver of growth in Nigeria.

The Works Minister, David Umahi, has expressed his concern over the price hike and its impact on the construction sector.

He emphasized the importance of the cement industry in the development of Nigeria’s infrastructure and the need to maintain a competitive market for cement production.

The meeting, scheduled for a later date, will bring together key stakeholders in the cement industry to discuss the challenges faced by manufacturers and the reasons behind the price hike.

The government aims to work closely with the manufacturers to find a sustainable solution that will benefit the industry and the economy as a whole.

This move by the Federal Government is a clear indication of its commitment to addressing the concerns of the construction industry and ensuring that Nigeria’s infrastructure development remains on track.

The outcome of the meeting is eagerly awaited, as it could have a significant impact on the future of the cement industry in Nigeria.