Dangote, BUA, IBETO, and other stakeholders in the cement industry have been given a 14-day ultimatum to appear before the House of Representatives Joint Committee to address the increase in cement prices in Nigeria.
This followed the failure of the companies and others to appear at its investigative hearing on Tuesday. The joint committee, which includes the House committees on solid minerals, commerce, industry, and special duties, was established to investigate the price hike by cement manufacturers.
The Minister of Solid Minerals Development, Dele Alake, was also summoned after failing to appear at the investigative hearing on Tuesday.
The committee expressed concern over the companies’ failure to attend, citing it as evidence of their insensitivity to the plight of Nigerians. The joint committee has ordered that the minister should appear on Tuesday, May 21 while Dangote, BUA, IBETO, and others are to appear on Monday, May 20, 2024.
