The Center For The Promotion Of Private Enterprises, CPPE, has high energy cost has made local production expensive and uncompetitive, especially in the cement industry. The Center, specifically noted that cement production is highly energy intensive with gas being the major energy source and unfortunately priced in dollars for manufacturers in the country who in turn sell their products in naira. Chief Executive Officer, CEO, of the CPPE, Dr. Muda Yusuf, while reacting to comments on the floor of the House of Representatives on cement price which portrayed cement manufacturers…
Read MoreWhy Prices Of Locally Made Products Skyrocketed – CPPE
