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Tuesday, May 17, 2011

President Goodluck Jonathan orders Cement Manufacturers to reduce their prices

As at January, it was N1, 800, now they are selling a bag of cement for N2, 300, prompting complaints from Nigerians. Yesterday, President Jonathan summoned the Chairman of Dangote Group, and other cement manufacturers with a directive to crash the prices of the product within 30 days period or face the wrath of the government. The manufacturers have agreed to do all that was necessary to meet the one month time frame.

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