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Find out more as FG announces date for a meeting with manufacturers over cost of cement

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Manufacturers have been asked by the federal government to lower the price of cement to a nationwide level Minister of Works, David Umahi, stated that there would be a meeting with cement manufacturers on July 1, 2026 FG said that the current high cost had led contractors and some organisations to push for the review of contracts

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Federal Government has urged cement manufacturers in the country to cut down the prices of cement.

The government warned that the prevailing price of the commodity was impacting infrastructure projects and escalating demands for contract variations.

FG pushes cement makers to cut prices amid rising construction costsFG urges manufacturers to reduce cement prices across Nigeria Photo: Bloomberg
Source: Getty Images

Cement price in Nigeria drops

David Umahi, Minister of Works, made this call on Sunday, June 21, at the unveiling ceremony of

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