Committee Threatens License Revocation for Non-Compliant Cement Manufacturers

by Louisa Afful
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The Cement Manufacturing Development Committee is determined to enforce pricing requirements outlined in the Trade Ministry’s new Legislative Instrument (L.I.), targeting manufacturers who fail to comply.

Speaking on Joy FM’s Super Morning Show, Committee Chairman Professor Alex Dodoo stated that manufacturers not adhering to the ex-factory price regulations risk having their licenses revoked. While retailers also have reporting obligations, penalties for them are less severe compared to manufacturers.

The L.I., aimed at stabilizing market prices and promoting fair competition, was recently presented in Parliament after facing opposition from manufacturers. Professor Dodoo expressed confidence that the L.I. will bring transparency to pricing and uphold quality standards in the sector.

He emphasized, “There are serious consequences. Manufacturing without a valid license will lead to trouble.”

Meanwhile, Minority member Ibrahim Murtala Mohammed voiced dissent, claiming that supposed amendments to the L.I. have not been disclosed. Mohammed suggested alternative methods to address rising prices rather than regulation, asserting that the latest version of the L.I. does not differ significantly from its earlier form.

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