The federal government has issued a stern warning, indicating the possibility of opening the borders for cement importation if local manufacturers fail to reduce the commodity price within Nigeria.

During an emergency meeting with cement and building materials manufacturers in Abuja, the Minister of Housing and Urban Development, Ahmed Dangiwa, emphasized that key input materials for cement production, such as limestone, clay, silica sand, and gypsum, sourced domestically, should not be dollar-rated.

Dangiwa highlighted that the excuse for increased gas prices, often cited by manufacturers, lacks merit as gas is readily available within the country. He also dismissed claims regarding the rising costs of mining equipment, noting that such equipment has been utilised for decades and isn't purchased frequently.

While acknowledging that the border closure was implemented to support local manufacturers, Dangiwa cautioned that opening the borders for mass importation would significantly decline cement prices, adversely affecting local producers.

Encouraging manufacturers to display patriotism, Dangiwa cited BUA Cement's willingness to lower prices below the agreed N7000–N8000 range. He urged other manufacturers to follow suit in ensuring affordable pricing for consumers.

Responding to concerns raised by Rabiu Umar, the Group Chief Commercial Officer of Dangote Cement, regarding the high gas and mining equipment costs, Dangiwa reiterated that despite challenges, Nigeria possesses the necessary resources to produce cement locally.