Minister of Housing and Urban Development, Ahmed Dangiwa, has accused cement manufacturers in the country of taking advantage of the rise in dollar against the naira to increase the price of cement.
The Minister who was reacting to the increase in the price of cement which recently shot up out of the reach of ordinary Nigerians, prompting the government to set up a committee to meet with the manufacturers in a bid to bring down the price.
The meeting which held on Monday in Abuja was able to bring a truce as the manufacturers agreed that the price of cement across the country should be pegged at between N7,000 and N8,000.
