Reduce Price Of Cement, Other Products - CBN Begs Dangote, BUA Group
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged manufacturers in the construction industry to bring down prices of building materials in the interest of the Nigerian masses. Mr Emefiele made the appeal in a statement on Thursday in Sokoto, at the inauguration of a three million metric ton cement plant by the BUA Group. The CBN governor urged cement manufacturers to pay more attention to satisfying domestic demand. “Permit me to seize this opportunity to appeal to our manufacturers in the construction sector to take urgent action in bringing down the prices of building materials in Nigeria,” said Mr Emefiele. “Indeed, there have recently been calls by construction companies, urging cement and steel manufacturers to do something about the skyrocketing prices of these two essential items in the construction sector.” According to him, the sector is one of the major sectors in the economy helping to create employment and boosting growth in our country. “We are ...