Nigerian House of Representatives instructs committees to investigate 50% increase in cement prices by Dangote and BUA Cement.

The Nigerian House of Representatives has instructed its committees on Solid Minerals Development, Commerce, Industry, and Special Duties to investigate the recent arbitrary increase in cement prices by manufacturers such as Dangote Cement and BUA Cement. This comes after a motion by lawmaker Jonathan Gaza, citing a 50% increase in cement prices leading to a rise in building material and rent costs nationwide. The committees have been asked to summon cement manufacturers for questioning and report back within four weeks.

March 13, 2024
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