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Reps Threaten Arrest Of Dangote Cement Management Over Price Hike - Politics - Nairaland

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Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by BeeBeeOoh(m): 10:24pm On Jul 09
The House of Representatives’ Joint Committee on the arbitrary increase in the price of cement, on Tuesday, threatened to arrest the management of Dangote Cement if it fails to appear at its next hearing.

Recall that the legislative chamber had on May 7, 2024, issued a 14-day ultimatum to cement manufacturers to appear before its joint committee and make their submissions on the arbitrary increment of cement prices in Nigeria.

The Chairman, House Committee on Solid Minerals, Jonathan Gbefwi, gave the summon at a public hearing to investigate the arbitrary increase in the price of cement in Nigeria by cement manufacturers, organised by House Joint Committees on Commerce, Industry, Special Duties, and Solid Minerals in Abuja.

At the hearing on Tuesday, officials of the cement company were absent; a development that did not sit well with the committee.

The special panel while advocating for the downward review of cement prices, expressed worry that the cost of the product has become unaffordable to many Nigerians, given the current economic situation in the country.

It mandated the Cement Manufacturers Association of Nigeria and the Central Bank of Nigeria to appear before it in two weeks to deliberate on measures necessary to address the situation for the benefit of the people.


In a brief remark at the event, Gbefwi who represents Karu/Keffi/Kokona Federal Constituency, Nasarawa State on the platform of the Social Democratic Party accused cement manufacturers of making life difficult for the masses, smiling at the banks without empathy.

“They want to over-profit without any sense of empathy for the citizens that have given them this platform.

“On Dangote, my ruling is simple. The laws have given us the necessary powers but we owe you a duty of care. We are going to give you one more chance. We are going to communicate a date.


“Failure to comply with that date, a subpoena will be issued. A warrant of arrest will be given for you to make an appearance before the National Assembly. No single individual is bigger than the parliament of his country. No single Nigerian is bigger than the National Assembly”, Jonathan warned.

https://punchng.com/reps-threatens-arrest-of-dangote-cement-mgt-over-price-hike/

14 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Sonnobax15(m): 10:41pm On Jul 09
cheesy
Another lamba.......

Una no go fit do anything to Dangote..

95 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by NwaNimo1(m): 10:42pm On Jul 09

2 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Lumarstone: 10:47pm On Jul 09
These people wants settlement from Dangote.

Big time fools.

80 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Chinkoalhaji34: 10:49pm On Jul 09
I am grateful for Dangote's efforts in providing employment opportunities and believe that the management will address the issue of price hike in a timely and responsible manner.

87 Likes 5 Shares

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Esama: 11:01pm On Jul 09
Arrest? In which world this kind thing happened. For your information you can't arrest him as long as his product is not harmful. You can only withdraw his license.

We know a lot of you claiming leaders are bunch of NINCOMPOOP stark illiterate.

24 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Smithkafors(m): 11:19pm On Jul 09
The same Dangote who is part of Economic team. Nigerians dey play.

I asked again, what has Tinubu done differently from Buhari?.

What part of Tinubu’s policy or anything working in Nigeria?.

The ball is in your court.

Buhari 8yrs wasted, Tinubu 4yrs wasted= 12yrs of wasted life in Nigeria without even light or water.

81 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Smithkafors(m): 11:20pm On Jul 09
Chinkoalhaji34:
I am grateful for Dangote's efforts in providing employment opportunities and believe that the management will address the issue of price hike in a timely and responsible manner.

Most of you guys who are being paid should atleast work like a normal person. It is very obvious.

You are all over post today saying the same thing. Atleast work smart.

76 Likes 5 Shares

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Paraman: 11:35pm On Jul 09
Cement is too expensive in Nigeria

13 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by OkoYibo: 12:03am On Jul 10
Cement roads. That's one of the reasons.
Profiteering. Another reason.
Weak enforcement of competition laws. Third reason.

79 Likes 2 Shares

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Thewrath(m): 12:04am On Jul 10
After destroying the economy,you want to force prices down by bullying and intimidation without forcing cost of production and sourcing of raw materials down,it doesn’t work that way!!

13 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by oluseyiforjesus(m): 12:05am On Jul 10
Lolx
Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by jubrilELsudan: 12:06am On Jul 10
IF DEM REALLY DEY SERIOUS DEM GO GO BURN AM DOWN

3 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Robnectar(m): 12:06am On Jul 10
Are dey just waking up

2 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by dibunotion(m): 12:06am On Jul 10
Chaiiiii
What a country
Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by mastermaestro(m): 12:12am On Jul 10
Smithkafors:


Most of you guys who are being paid should atleast work like a normal person. It is very obvious.

You are all over post today saying the same thing. Atleast work smart.

Unfortunately, dummies were hired to champion propaganda which ordinarily should be left to intellectuals. Dude keeps regurgitating the same drab line all over the place. grin

Wasted wages! angry

32 Likes 2 Shares

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Risingblue008(m): 12:13am On Jul 10
Lol
Person wey him business hold nigeria for broccos

Na talk dem go talk and nothing will happen?
Dey dont inw dt after presido na dangote for 9ja?

3 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Unbiased1: 12:13am On Jul 10
I have always known that competition is a major factor in bringing down the cost of any product. I don't fancy this new tactics of the National Assembly intimidating private businesses to cut down cost of their products. First it was Multichoice, now Dangote, next will be Indomie, Poultry Farmers, Phone Importers etc because the cost of everything has gone up. How can you destroy the economy of the country, introduce reckless policies that have made life hard and still force existing businesses to maintain their old prices?

12 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by louken(m): 12:13am On Jul 10
Funny country

1 Like

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by pyyxxaro: 12:15am On Jul 10
Comedians

3 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by ClearFlair: 12:17am On Jul 10
APC 🤦🏿‍♂️

1 Like

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by ClearFlair: 12:17am On Jul 10
Chinkoalhaji34:
I am grateful for Dangote's efforts in providing employment opportunities and believe that the management will address the issue of price hike in a timely and responsible manner.

Wetin be this. Be like robot

16 Likes 1 Share

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Stevosty: 12:19am On Jul 10
They should threaten Dangote not his staff, jobless looters.

1 Like

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by GboyegaD(m): 12:20am On Jul 10
The entire government is filled with clowns. Truth is if things are done right, they do not need to ask that cement prices be reduced.

1 Like

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by NgwalandAbia(m): 12:24am On Jul 10
LoL so tinubu have just started fighting his Best hope to restore 4th economy to first Jonathan left it..fellas naira is heading to 2500 per Dollar soon.
Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Authoreety: 12:26am On Jul 10
Reps no get sense
Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by GreenxGreen: 12:32am On Jul 10
grin

Na only cement go high

Why una no Arrest .

NNPC

NEPA

MARKET Traders

Etc .....


Nonsense people 😠😠😠

2 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by EnEnPeecee: 12:40am On Jul 10
grin


Useless rapes. Are they just noticing? Price that have been hiked since last year. Useless rapes

1 Like

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by Akfrenzy(m): 12:44am On Jul 10
grin
Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by samuelson06(m): 12:52am On Jul 10
Smithkafors:


Most of you guys who are being paid should atleast work like a normal person. It is very obvious.

You are all over post today saying the same thing. Atleast work smart.

One way to know them is that their comment always sound like robot. Sort of Copy&paste.

7 Likes

Re: Reps Threaten Arrest Of Dangote Cement Management Over Price Hike by 99thEnemy(m): 12:54am On Jul 10
A private business?

1 Like

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