𝐇𝐢𝐠𝐡 𝐂𝐨𝐬𝐭 𝐎𝐟 𝐂𝐞𝐦𝐞𝐧𝐭: 𝐑𝐭 𝐇𝐨𝐧 𝐁𝐞𝐧𝐣𝐚𝐦𝐢𝐧 𝐊𝐚𝐥𝐮 𝐊𝐢𝐜𝐤 𝐒𝐭𝐚𝐫𝐭𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐠𝐚𝐭𝐢𝐯𝐞 𝐇𝐞𝐚𝐫𝐢𝐧𝐠
............𝒂𝒔 𝑵𝒊𝒈𝒆𝒓𝒊𝒂𝒏𝒔 𝒈𝒓𝒐𝒂𝒏 𝒖𝒏𝒅𝒆𝒓 𝒕𝒉𝒆 𝒔𝒐𝒂𝒓𝒊𝒏𝒈 𝒑𝒓𝒊𝒄𝒆𝒔 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒂𝒕𝒕𝒆𝒏𝒅𝒂𝒏𝒕 𝒉𝒂𝒓𝒅𝒔𝒉𝒊𝒑
On Tuesday, the Nigerian House of Representatives made a decisive move in addressing the issue of the skyrocketing price of cement in the country.
The deputy speaker of the house of representatives, Rt Hon Benjamin Okezie Kalu, took a significant step in addressing the issue of the arbitrary increase in the price of cement by declaring open an investigative hearing at the National Assembly complex.
This move reflects the House of Representatives' commitment to serving the interests of the Nigerian people and ensuring transparency in the cement industry.
The decision to hold this investigative hearing stems from the House's recognition of the impact that the rising cost of cement has on the economy and the livelihoods of Nigerians.
As a vital component in the construction industry, cement plays a crucial role in infrastructure development and housing construction. Therefore, any unjustified increase in its price can have far-reaching consequences for the country's growth and development.
During the hearing, key stakeholders in the cement industry, particularly manufacturers, will be called upon to provide insights into the factors contributing to the price hike.
This collaborative approach aims to shed light on the current state of the industry and identify potential solutions to address the challenges faced by both producers and consumers.
The House of Representatives is committed to enacting legislation that supports industrialization and promotes the growth of small and medium enterprises.
By engaging with industry players and seeking their input, lawmakers can better understand the complexities of the cement market and develop policies that foster a conducive environment for businesses to thrive.
As the investigative hearing unfolds, it is essential for all parties involved to approach the discussions with an open mind and a willingness to find common ground.
By working together, stakeholders can explore innovative strategies to stabilize the price of cement and ensure its availability to all segments of society.
The investigative hearing on the arbitrary increase in the price of cement at the National Assembly complex represents a significant step towards addressing a pressing issue that affects the lives of Nigerians.
Through transparent engagement and collaboration with industry stakeholders, the House of Representatives aims to find sustainable solutions that benefit both producers and consumers.
This proactive approach underscores the commitment of lawmakers to promoting economic growth and development in Nigeria.
𝓘𝔂𝓴𝓮 𝓜𝓫𝓪
𝙎.𝙇.𝘼 𝘿𝙚𝙥𝙪𝙩𝙮 𝙎𝙥𝙚𝙖𝙠𝙚𝙧 𝙃.𝙊.𝙍
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