Accra: The government has instructed cement producers and dealers to reduce the price of cement to an average of GHS 95.00 per bag as it gears up for the extensive 'Big Push' infrastructure initiative. This directive was announced by Mr. Governs Kwame Agbodza, the Minister of Roads and Highways, who emphasized the need for fair pricing for Ghanaians.
According to Ghana News Agency, Mr. Agbodza highlighted the current price of GHS 120.00 per bag as unjust, warning that failure to adjust prices could lead the government to direct road contractors to purchase cement from more reasonably priced sources. He stressed the importance of aligning cement prices with the current economic conditions.
During a press conference at Parliament House in Accra, Mr. Agbodza mentioned that the Ministry had engaged in discussions with the Ghana Union of Traders Association (GUTA) and other trade unions to advocate for price reductions. He pointed out that transport operators had already complied by reducing fares, and urged cement dealers to follow suit.
The cement prices had seen a significant increase last year, reaching as high as GHS 180.00 per bag, which affected contractors' budgets for various projects. Mr. Agbodza expressed his readiness to guide road contractors towards more affordable cement sources if necessary.
