Trade and Industry Minister, KT Hammond, has expressed worry over the current prices of cement.
He lamented that some cabal of cement producers and importers have again conspired and decided to increase the prices of cement.
He described the situation as troubling since the prices are outrageous.
The Adansi Asokwa MP indicated that the development is a “conspiracy of a cabal of cement producers and importers.”
The government has provided a conducive environment for cement producers to thrive, making the recent price increase unfounded, he declared.
“During the festivities, I learnt in the constituency that the cabal of the cement producers and importers have again conspired and decided to increase the prices of cement, by a considerable figure. I don’t think that, that is right. I do not accept that, that is right,” he said.
“The government has provided the necessary ambience and regulatory framework, the proper environment for these companies to operate and do their businesses profitably. I expect that they make their reasonable profits, but what I don’t accept is for them to take the people of Ghana for granted. I can’t understand the basis for the increase.”
By: Rainbowradioonline.com/Ghana
