Nigeria: Inconsistency in FG's Cement Policy Worries Developers

11 November 2009

THE sudden imposition of levy on bagged cement imports, a move to revive local production has attracted the criticisms from developers. Before now and precisely in 2008, the federal government through the former minister of Commerce and Industry had lifted ban on bagged cement to allow for the importation of the observed shortfall in the product put at about 10 million tons so as to enhance infrastructure and housing delivery.

But the Ministry of Finance, penultimate week announced the removal all forms of restrictions on the importation of gypsum as part of incentives to encourage domestic cement producers.

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