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| Joseph Makoju |
The chairman of Cement Manufacturers Association of Nigeria Joseph Makoju, who disclosed this at the 40th Annual General Meeting of the association, said the policy was aimed at encouraging local production of cement which has gone beyond the reach of Nigerians.
He said the policy has paid off as the country is currently producing 19 metric tonnes of cement per year.
He said if the policy is sustained and with the enabling environment, Nigeria will be one of the biggest exporters of the product in the world which will not only earn the country revenue but also bring down the price of cement in the country.
Makoju, who was the former Managing Director of Power Holding Company of Nigeria (PHCN), also spoke on the power situation in the country saying that Nigeria should build more power stations in order to save it from perennial energy crisis. Click to signup for FREE news updates, latest information and hottest gists everyday
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