Business
Jamodu, Others Warn FG On Cement Importation
Chief Kola Jamodu, President, Manufacturers Association of Nigeria (MAN) has urged the Federal Government to resist the attempt by some importers to continually flood the market with imported cement.
Jamodu told newsmen on Wednesday in Lagos that the government must resist pressures to truncate the set target of exceeding local demand by 2011.
According to him, government should not agree to the ruse that the price of cement is on the rise.
He said the country would soon get to a level where it should not allow all manners of imports.
“It is on record that the country will achieve 28 million tonnes of cement production by 2011 as against local demand of about 18 million tonnes.
“All things being equal, supply will be more than demand and that will force down the price of cement,’’ he said.
According to him, the local industry needs protection to achieve the desired target instead of allowing imports to saturate the market.
Jamodu urged the government to have the political will to vigorously implement the policy which was designed to phase out imports.
Mr Jagat Rathee, the Managing Director of Obajana Cement Plc, agreed with Jamodu, adding that the country had abundant resources to be self-sufficient in cement production.
According to Rathee, the Dangote group has the capacity to produce 60 per cent of the country’s requirement, but the poor condition of roads and power had posed serious challenges.
Mr Sola Adeyemi, Plant Manager, Larfage Nigeria Plc, noted that the price of cement would have dropped drastically in 2010 but the deplorable roads, among others, had hindered the effort.
Dr Emmanuel Ukpabi, Group Managing Director of Flour Mills of Nigeria Plc, said that the company spent huge sums on haulage annually to get goods to consumers.
“A trailer can only make a trip to up north once a week instead of three trips per week. The trucks incur wear and tear because of bad roads,’’ he said.
According to him, the initial agreement with the Nigeria Railway Corporation to buy five locomotives to aid the movement of cement had not worked due to government bureaucracy.
NAN reports that a bag of cement sells for between N1,600 and N1,620 in Lagos and Ogun states.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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