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LequteMan
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Nigeria - Training Manager of Dangote Cement's Obajana Plant, Haruna Adinoyi, said Nigeria will benefit more by using concrete.
He attributed the current price of cement in the market to the poor state of infrastructure in the country which has impacted on the cost of production.
“Because of the state of our infrastructure, manufacturing in Nigeria is still very expensive; you have to install your own power plant, construct road and in our case even construct dams for our water supply and all these add to the cost of production.”
He stressed that what we are witnessing as a country is a systemic problem, noting that cement prices cannot just come down when the price of other imputs are high.
“We brought the price drastically down at some point but because of what happened to the economy, we were forced to go back up,” he added.
He however said as their companies continue to increase their installation capacity over time, the economy of large scale production will force the price down.
"With good governance, there is the tendency that infrastructure development will get attention and therefore the overall cost of manufacture and cost of doing business in Nigeria will begin to come down and that will definitely reflect in the price of cement.”
Source: Daily Trust
He attributed the current price of cement in the market to the poor state of infrastructure in the country which has impacted on the cost of production.
“Because of the state of our infrastructure, manufacturing in Nigeria is still very expensive; you have to install your own power plant, construct road and in our case even construct dams for our water supply and all these add to the cost of production.”
He stressed that what we are witnessing as a country is a systemic problem, noting that cement prices cannot just come down when the price of other imputs are high.
“We brought the price drastically down at some point but because of what happened to the economy, we were forced to go back up,” he added.
He however said as their companies continue to increase their installation capacity over time, the economy of large scale production will force the price down.
"With good governance, there is the tendency that infrastructure development will get attention and therefore the overall cost of manufacture and cost of doing business in Nigeria will begin to come down and that will definitely reflect in the price of cement.”
Source: Daily Trust
