Business Cement Price Cut: FG, Stakeholders Commend Dangote

L

LequteMan

Guest
The Federal Government, stakeholders in the cement sector and shareholders have lauded Dangote Cement Plc over the huge investments in the production of the essential construction material as well as the recent slash in the price of the commodity.

Excerpt from The Sun:

Federal Government and stakeholders in the cement sector have hailed the Dangote Cement Plc over huge investment in cement as well as the recent slash in the price of the commodity, describing it as unprecedented.

The commendation came just as the management of Dangote denied that the price cut was motivated by monopolistic tendencies.

Minister of Industry, Trade and Investment, Olusegun Aganga, who led others at a stakeholders’ meeting in Abuja, said the decision of Dangote Cement Plc to bring down price of cement was a patriotic one in line with the aspiration of Nigerians and the Federal Government.

According to him, the Federal Government had attracted new private sector investment in cement sector to the tune of $7 billion within three years and that government was happy with that.

click here to read more

#Dangote #Nigeria

dangote.jpg
 
Back
Top