Business
Cement: Body Blames High Cost On Manufacturers
The Cement New Entrants Forum (CNEF) last Wednesday in Abuja attributed the high prices and scarcity of cement to the activities of some manufacturers in the industry.
Prince David Iweta, the chairman of the forum, made the claim in a statement made available to newsmen.
“The on-going crisis of scarcity of the product and its current high price at N2,700 per bag in most part of the country, as of today is caused by the activities of some manufacturers.
“The cement manufacturers had recommended increased duty and levy of 35 per cent to push the landing cost of imported cement to N 1,700 per bag”, the statement quoted Iweta as saying.
According to him, this is to enable local manufacturers to sell their locally manufactured cement at the same price of N 1,700 as against N 500 and N700 per bag, which is the expected price for the product.
The chairman, therefore, pleaded with President Goodluck Jonathan to grant the forum audience to enable it state the true position of crisis in the cement industry.
He said, “the meeting will enable us to state the true position of things in the cement industry instead of the president hearing from one section of manufacturers .
It would be recalled that Jonathan met with top five cement manufacturers in the country on Monday where he directed the Cement Manufacturers Association of Nigeria (CMAN) to bring down the price of cement within 30 days.
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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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