The Federal government declared yesterday that it could not fold its arms and allow the price of cement spiral out of control.
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Consequently, Works Minister David Umahi has summoned cement manufacturers to a meeting on Monday to examine the issues surrounding the latest development.
Expected at the meeting are Dangote Plc, BUA Plc, Larfarge and the other manufacturers.
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Special Adviser to the Minister on Media Uchenna Orji said his principal was “worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers.”
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