The House of Representatives has issued a 14-day ultimatum to cement manufacturers to appear before its Joint Committees on Commerce, Industry, Special Duties, and Solid Minerals in Abuja.

The House gave the summon at a public hearing to investigate the arbitrary increase in the price of cement in Nigeria.

In his remarks, the Deputy Speaker of the House, BENJAMIN KALU, assured that the House is actively working to establish appropriate legislation that promotes and encourages industrialization, as well as supports small and medium enterprises.

The Deputy Speaker explained that the hearing is a result of the deep concern of the House for the people it represents and the need for transparent engagement with key stakeholders in the cement industry, particularly the manufacturers. 

According to KALU, the persistent increase in cement prices has had a harmful effect on the ‘built environment’ and Nigeria at large, which is evident in the huge housing deficit presently in Nigeria.