ROAD MINISTER CRITICIZES CEMENT PRODUCERS FOR FAILING TO REFLECT ECONOMIC GAINS IN PRICES. The Minister for Roads and Highways, Hon. Governs Kwame Agbodza, has raised seriou
ROAD MINISTER CRITICIZES CEMENT PRODUCERS FOR FAILING TO REFLECT ECONOMIC GAINS IN PRICES. The Minister for Roads and Highways, Hon. Governs Kwame Agbodza, has raised serious concerns about the high cost of cement in Ghana, calling on producers to reduce prices in line with recent economic gains. Speaking at a press conference, Hon. Agbodza stated that despite the relative stability of the Ghanaian cedi and a general reduction in prices of several imported goods, cement producers continue to maintain high prices. He noted that many of the inputs used in cement production are imported, yet unlike other sectors, the cement industry has not passed on the benefits of currency stability and reduced import costs to consumers. "The government and the Ghanaian people have worked hard to stabilize the economy, and many sectors are responding by reducing prices. Cement producers, however, are refusing to do the same," he said. He emphasized that the Ministry of Roads and Highways will recon
By Administrator
Published on 07/24/2025 16:41
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ROAD MINISTER CRITICIZES CEMENT PRODUCERS FOR FAILING TO  REFLECT ECONOMIC GAINS IN PRICES.

 

The Minister for Roads and Highways, Hon. Governs Kwame Agbodza, has raised serious concerns about the high cost of cement in Ghana, calling on producers to reduce prices in line with recent economic gains.

 

Speaking at a press conference, Hon. Agbodza stated that despite the relative stability of the Ghanaian cedi and a general reduction in prices of several imported goods, cement producers continue to maintain high prices. He noted that many of the inputs used in cement production are imported, yet unlike other sectors, the cement industry has not passed on the benefits of currency stability and reduced import costs to consumers.

 

"The government and the Ghanaian people have worked hard to stabilize the economy, and many sectors are responding by reducing prices. Cement producers, however, are refusing to do the same," he said.

 

He emphasized that the Ministry of Roads and Highways will reconsider how it partners with cement producers in national infrastructure projects. Going forward, the government will prioritize working with companies that are willing to pass on economic gains to the public.

 

Hon. Agbodza urged cement producers to reduce their prices, reminding them that the cost of cement directly impacts government projects—projects ultimately funded by the Ghanaian taxpayer. He warned that those who ignore this call may be sidelined in the allocation of government contracts involving cement.

 

"We will align our major government programs with companies that respond positively to our appeal. It's time for cement prices to reflect the progress we have made as a country," he concluded.

Report by PKB

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