Business
Cement Prices, Stable – Distributors
Some major distributors of cement in the country have refuted claims that cement prices have increased, noting that the recent increase was artificially created by mischievous individuals to send wrong signals to the public.
The distributors spoke last week at the presentation of award of quality production to Dangote Cement by the Standard Organisation of Nigeria (SON).
While Alhaji Ahmed Ibrahim, a distributor from Gboko, said the prices of cement from the depot remain stable and that the rumored increase was an act of sabotage, Alhaji Sani Abdulkadir urged the Federal Government to probe those selling the products at an exorbitant rate, with a view to getting to the root of the matter.
“It is not true that the prices of cement have increased. This is the business I have done in my entire life, and it is obvious that some people are intentionally stocking up and making things very difficult for the ordinary people. The prices we buy from the manufacturers remain the same and we have not increased prices. I don’t know where they got the information about increase from,” he said.
Though Alhaji Yisa Kareem from Abeokuta agreed that the price is volatile in some parts of the country, he said local manufacturers’ cannot be blamed, as they have not increased the products price at depots and that the increase is nothing but a mischievous way sending wrong signal to the government, especially in relation to the backward integration policy of the federal government.
Meanwhile, the President of Dangote Cement, Alhaji Aliko Dangote, has revealed that Dangote Cement’s determination to meet the 20 million metric tonnes target this year and plan to increase its production output to 46 million metric tonnes by the year 2015 will be sustained.
While expressing appreciation to the management of SON for its involvement in the project, he said the company behaves like a true leader by paying attention to quality production.
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