Cement
manufacturers in the country under the name Cement Producers Association of
Nigeria, have petitioned the President-elect, General Muhammadu Buhari (retd)
to assist them in fighting corruption in the sector alleged to be perpetrated
by a cabal that has been dictating cement policies for personal interests, DigitalSENSE Business
News reports.
The Chairman of CPAN, Prince David
Iweta, in a letter to Buhari recently congratulating him on his victory in the
recently-concluded general elections and obtained by journalists in Abuja, said cement should be allowed to be
imported into Lagos, Warri and Calabar.
In a tacit reference to popular
businessman and President of Dangote Group, Alhaji Aliko Dangote, they
specifically pleaded with Buhari to assist in reducing the price of cement from
N2,200 to N1,000 per bag.
In the letter Iweta further stated, "This cabal makes abnormal annual profit in the region of N200 billion from cement alone for the past six years while same company partnered with the Federal Government to suspend cement import permit granted by late President Musa Yar’Adua to six companies one each from each of the geo-political zones owing to late President Yar’Adua’s fairness, equity and justice style of governance to guarantee that cement sell at N1,000 per bag to Nigerians.
In the letter Iweta further stated, "This cabal makes abnormal annual profit in the region of N200 billion from cement alone for the past six years while same company partnered with the Federal Government to suspend cement import permit granted by late President Musa Yar’Adua to six companies one each from each of the geo-political zones owing to late President Yar’Adua’s fairness, equity and justice style of governance to guarantee that cement sell at N1,000 per bag to Nigerians.
Iweta, in the letter sent to DigitalSENSE Business
News further stated "We wish to use this medium to appeal to you and
your government at inauguration to declare a change of price of cement from
N2,200 per bag to N1,000 per bag. This will serve as the first dividend of
change which the people of Nigeria voted for. The cement industry after the
death of late President Musa Yar’Adua has witnessed the worst height of
corruption and injustice for the past six years.
"It may interest the General to know that Nigeria is the country with the highest price of cement in the world. Why? It is worthy of mention that countries that have attained self sufficiency in cement production all over the world sell cement at N500 per bag. But in Nigeria where the Federal Government has claimed success in the cement industry, net exporter of cement is selling the commodity at N2,200 per bag, DigitakSENSE Business News gathered.
"It may interest the General to know that Nigeria is the country with the highest price of cement in the world. Why? It is worthy of mention that countries that have attained self sufficiency in cement production all over the world sell cement at N500 per bag. But in Nigeria where the Federal Government has claimed success in the cement industry, net exporter of cement is selling the commodity at N2,200 per bag, DigitakSENSE Business News gathered.
Cyriacus Nnaji /ED ,OPs
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