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Reps Warn Cement Manufacturers Over Price Hikes

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Cement Manufacturers
  • Reps warned the Cement Manufacturers Association of Nigeria (CMAN) over arbitrary cement price increases.

  • Gaza Gbwefi, chairman of the committee, accused CMAN of using frivolous court injunctions to hinder the investigation.

  • Gbwefi also criticized the FCCPC CEO for inadequate consumer protection.

the House of Representatives has issued a stern warning to the Cement Manufacturers Association of Nigeria (CMAN) regarding the arbitrary increase in cement prices.

Gaza Gbwefi, Chairman of the House Joint Committee on the Arbitrary Increase in the Price of Cement, expressed frustration on Monday in Abuja over the persistent absence of cement manufacturers after being summoned twice by lawmakers, calling it an affront to the powers of the National Assembly.

Gbwefi also cautioned CMAN against using frivolous court injunctions to interfere with the ongoing investigation into the arbitrary increase in cement prices.

Gaza also submitted that the CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Ms Boladale Adeyinka is not doing enough to protect consumers and users of cement in line with the laws which established the commission.

Cement Manufacturers

Cement Manufacturers

Speaking to representatives of the FCCPC chairman, Gaza told the agency to go back and rework and represent the four paged document submitted to the house on the investigations of cement price increase.

How Dangote Cement Workers Were Ambushed, Attacked – Edo CP Reveals
The Edo State Commissioner of Police, Funsho Adegboye, has shared details on the abduction of Dangote Cement Company workers travelling in a Coaster bus from Okpella, Etsako West Local Government Area in Edo North Senatorial District.

FURTHER READING 

Recall that workers in the cement Company were ambushed and attacked.

Sharing more details on the development, Adegboye disclosed that three of the victims, with gunshot injuries, were rescued and were already receiving treatment in a hospital.

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