Recall the Green Chamber on Wednesday in a motion by Gaza Gbefwi and Ademorin Kuye titled, 'Arbitrary Increase in the Price of Cement by Manufacturers of Cement in Nigeria', had blamed cement producers for a 50 per cent price increase. The House later resolved to summon major cement manufacturers in the country. However,
described the move as unfair to investors and counterproductive. noted that the Rep members' comments are inciting the public against the cement manufacturers and putting their huge investments at risk. The economic think tank group appealed to lawmakers to be moderate with their language to avoid adverse consequences for investors in the economy. 'The Centre for the Promotion of Private Enterprise,
, notes with concern the recent remarks on the floor of the House of Representatives on cement price, which portrayed cement manufacturers in a very bad light. Members alleged that the manufacturers were exploitative as they arbitrarily fixed cement prices. Some members even described the manufacturers as unpatriotic.
stated.
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