Member of Parliament for Tamale Central, Murtala Mohammed, says the attempt by the government to blame the price of cement on the producers is disingenuous.
He noted that 95% of the materials used in cement production in the country are imported.
This follows Trade Minister K.T. Hammond's controversial proposed Legislative Instrument (L.I.) to regulate cement pricing, which has been laid before Parliament.
It is expected to become law in the next 21 days unless a two-thirds majority of Parliament annuls it.
Speaking on the floor of Parliament on Tuesday, July 2, Minority Chief Whip Kwame Governs Agbodza said that they only allowed the L.I. to be laid because it will no longer seek to regulate the prices of cement but require that cement manufacturers report the pricing decisions to the government regularly.
In an interview on the JoyNews' AM Show on Wednesday, Mr Mohammed said, “95% of what is being used to produce cement in this country is imported. There are huge import duties that are imposed by this government on every single thing that is imported in this country, including over 95% of the components that are used in producing this cement.”
Mr Mohammed highlighted that the depreciation of the cedi is largely because these inputs are purchased in dollars, not in cedis.
The Member of Parliament for Tamale Central expressed concern that placing the blame solely on producers is problematic if the government intends to address the issue effectively.
“The government is the major player and determinant of how much cement is to be sold in this country.”
Latest Stories
-
Migrant crackdown risks choking off critical supply of US workers
1 hour -
Brad Pitt’s Los Angeles home ‘ransacked’, police say
1 hour -
Anna Wintour stepping back as US Vogue’s editor-in-chief
1 hour -
Iran carries out wave of arrests and executions in wake of Israel conflict
2 hours -
Egyptian man kicks customs dog airborne at Washington DC airport
2 hours -
What is Sean ‘Diddy’ Combs charged with and how long will his trial last?
2 hours -
A look at the key items in Trump’s ‘big, beautiful bill’
2 hours -
Are East African governments uniting to silence dissent?
2 hours -
Who is Lauren Sanchez? Journalist, pilot and Jeff Bezos’ fiancee
3 hours -
Rising school fees push Indian families to the brink
3 hours -
BBC website in US launches paid subscription service
3 hours -
We have to protect the female category – IOC’s Coventry
3 hours -
Sabrina Carpenter reveals new album art ‘approved by God’ after outcry
3 hours -
188 Ghanaians face U.S. deportation – Okudzeto Ablakwa
3 hours -
REACH-STR project closes with a call to sustain gains in climate resilience
4 hours