In a bid to address the soaring cement prices in Nigeria, major cement manufacturers, including Dangote Cement, BUA Cement, and Lafarge Africa, recently agreed to slash prices by approximately 50%. This decision came after a meeting convened by the Minister of Industry, Trade, and Investment, Uzoka-Anite, which was attended by the Minister of Works, David Umahi. However, despite the agreement, cement prices in the country remain exorbitant, ranging from N10,000 to N14,000 per bag.


Despite the concerted efforts by the federal government to intervene in the situation, there has been no noticeable change in cement prices on the ground. Despite...

https://ratecaptain.com/cement-manufacturers-hike-price-further-amid-fg-intervention/

Do u expect them to sale below production and delivery cost? the effect of delivery those products to their respective distributors is not madam put extra.

As the government is asking them to reduce price, the government on its own should also reduce their own price too.

Rent is about to hit high