Cement Bag Is Too Costly, Reduce The Price To ₦7,000 Per Bag – Dave Umahi
The Minister of Works, David Umahi, has lamented the skyrocketing fee of cement, pointing out that it has had a considerable bad impact on ongoing infrastructure tasks throughout the country.
The minister additionally appealed to cement producers to lessen the fee from N9,500 to N7,000, urging that this sort of lower might facilitate the rehabilitation of Nigeria’s roads.
He emphasized that with the latest stabilisation of the forex rate, this fee adjustment might be vital in advancing vital infrastructure maintenance throughout the country.
He additionally directed the contractor coping with the Enugu-Onitsha highway to finish the rehabilitation of the street on or earlier than May 10, 2026.
Umahi stated those in a assembly with the undertaking contractor and financier coping with the Enugu-Onitsha highway production below the Infrastructure Development and Refurbishment Investment (Tax Credit) Scheme in Abuja, on Wednesday.
He referred to as at the producers of cement, that is a key detail withinside the production industry, in particular on the usage of Continuously Reinforced Concrete Pavement, to delight lessen the price of cement to N7,000 because the fee of bucks has extensively reduced.
A assertion via way of means of the minister’s spokesperson, Uchenna Orji, quoting the minister read, “The price of petrol is coming down, and efforts are being made via way of means of Mr President to restore the street . I am satisfied that the regulations of Mr President are working. Today, a greenback is set N1,400. And permit me use the possibility to explicit dissatisfaction with the price of cement.
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