New Telegraph

Cement Pricing: Reps Give Dangote Cement Mgt Ultimatum

The House of Representatives Joint Committee on the Arbitrary Increase in the Price of Cement yesterday threatened to arrest the management of Dangote Cement if it fails to appear at its next hearing.

This followed the absence of officials of the cement company during a hearing to address the problem of cement increase in the country.

Chairman of the Joint Committee, Jonathan Gaza (SDP, Nasarawa), who issued the ultimatum, warned the management to cause an appearance or face sanctions.

While advocating for the downward review of cement prices, the chairman expressed worry over the increase in cement prices and the untold hardships it has brought on many Nigerians.

He directed the Cement Manufacturers Association of Nigeria and the Central Bank of Nigeria to cause appearances before the committee in the next two weeks. Gaza said: “They want to over profit without any sense of empathy for the citizens that have given it this platform.”

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