Close Menu
    What's Hot

    Ecobank Announces Fifth Edition of Adire Lagos Experience

    April 16, 2026

    Oil Prices Up as U.S. Plans to Sanction Iran’s Crude Buyers 

    April 16, 2026

    AI, Tech Stocks Power Wall Street to Record Highs

    April 16, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, April 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketNews - Reps Warn Cement Manufacturers Against Shunning Invitation
    MarketNews

    Reps Warn Cement Manufacturers Against Shunning Invitation

    Marketforces AfricaBy Marketforces AfricaMay 21, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Reps Warn Cement Manufacturers Against Shunning Invitation
    Share
    Facebook Twitter Pinterest Email Copy Link

    Reps Warn Cement Manufacturers Against Shunning Invitation

    The House of Representatives has warned the Cement Manufacturers Association of Nigeria (CMAN) against refusing to honour its invitation over an arbitrary increase in the price of cement.

    Rep. Gaza Gbwefi, the Chairman of, the House Joint Committee on the Arbitrary Increase in the Price of Cement, said this in Abuja on Monday.

    He said the association should desist from using frivolous court injunctions to interfere with the ongoing investigation on the arbitrary increase in the price of cement in the country. He said the persistent absence of the cement manufacturers after being summoned twice was an affront to the powers of the National Assembly.

    Gaza lambasted representatives of the CEO of the Federal Competition and Consumer Protection Commission, Ms Boladale Adeyinka for not doing enough to protect the consumers of cement in line with the agency’s establishment Act.

    He also asked the agency to go back and rework and represent the four-page document submitted to the house on the investigations of the cement price increase.

    Prof.  Sadiq Abubakar, the President, of the Council for the Regulation of Engineering in Nigeria (COREN), said the arbitrary hike in cement prices was directly responsible for the increasing cases of building collapse in the country.

    He said the increase was responsible for lowering the quality of infrastructure in the country. You will agree with me that one of the key culprits of building collapse is the hike in cement price. MTN Nigeria Posts N576bn Loss, Customer Declines in Q1

    Banks CBN FGN Investors NGX Nigeria Nigerian Stock Exchange NSE
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    News

    Ecobank Announces Fifth Edition of Adire Lagos Experience

    April 16, 2026
    News

    Oil Prices Up as U.S. Plans to Sanction Iran’s Crude Buyers 

    April 16, 2026
    News

    AI, Tech Stocks Power Wall Street to Record Highs

    April 16, 2026
    News

    Veritasi Homes & Properties Lists N10bn Bond on FMDQ

    April 16, 2026
    News

    Breedjr Tops $4M Payouts, Launches Crypto-to-Naira Settlements

    April 16, 2026
    News

    2.2m Candidates Sit for 2026 UTME Nationwide

    April 16, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Ecobank Announces Fifth Edition of Adire Lagos Experience

    April 16, 2026

    Oil Prices Up as U.S. Plans to Sanction Iran’s Crude Buyers 

    April 16, 2026

    AI, Tech Stocks Power Wall Street to Record Highs

    April 16, 2026

    Veritasi Homes & Properties Lists N10bn Bond on FMDQ

    April 16, 2026
    Latest Posts

    Ecobank Announces Fifth Edition of Adire Lagos Experience

    April 16, 2026

    Oil Prices Up as U.S. Plans to Sanction Iran’s Crude Buyers 

    April 16, 2026

    AI, Tech Stocks Power Wall Street to Record Highs

    April 16, 2026

    Veritasi Homes & Properties Lists N10bn Bond on FMDQ

    April 16, 2026

    Breedjr Tops $4M Payouts, Launches Crypto-to-Naira Settlements

    April 16, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Ecobank Announces Fifth Edition of Adire Lagos Experience

    April 16, 2026

    Oil Prices Up as U.S. Plans to Sanction Iran’s Crude Buyers 

    April 16, 2026

    AI, Tech Stocks Power Wall Street to Record Highs

    April 16, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.