{"id":290247,"date":"2025-07-25T09:41:12","date_gmt":"2025-07-25T09:41:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/290247\/"},"modified":"2025-07-25T09:41:12","modified_gmt":"2025-07-25T09:41:12","slug":"roads-minister-criticises-gh%c2%a2120-cement-price-as-unfair-and-exploitative","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/290247\/","title":{"rendered":"Roads Minister criticises GH\u00a2120 cement price as &#8216;unfair and exploitative&#8217;"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"464\" class=\"entry-thumb lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Governs-Agbodza2-636x424-Copy-696x464.jpg\"  data- alt=\"\" title=\"Governs-Agbodza2-636x424 (Copy)\"\/><\/p>\n<p>Minister for Roads and Highways, Kwame Agbodza, has taken a firm stance against the soaring cost of cement in Ghana, describing the GH\u00a2120 per bag price as exploitative and unjust to the average citizen. He believes a fairer price would be GH\u00a295.<\/p>\n<p>Speaking to the media in Parliament on Thursday, Mr. Agbodza said, \u201cIn my view, GH\u00a295 makes sense instead of the so-called GH\u00a2120 cedis, which I call rent-seeking and so much unfair to the ordinary Ghanaian.\u201d<\/p>\n<p>He expressed disappointment that despite significant economic improvements in recent months, cement prices have remained unchanged, unlike other commodities whose prices have declined.<\/p>\n<p>\u201cWhilst every other commodity in terms of price has responded to the gains we have all made together as a country and as a people by reducing prices, cement dealers are refusing to pass on the gains to buyers,\u201d he said.<\/p>\n<p>The minister warned that the government will reconsider its relationship with cement producers who fail to reflect these economic gains in their pricing, particularly when awarding contracts.<\/p>\n<p>\u201cWe will be more aligned to producers who are ready to pass on the gains made in the economy in terms of currency stability to consumers,\u201d Mr. Agbodza stated.<\/p>\n<p>He explained that cement pricing has a direct impact on public infrastructure costs, which are ultimately paid for by the taxpayer.<\/p>\n<p>\u201cBecause the price of cement is directly linked to the cost of government projects, and invariably, it is the Ghanaian taxpayer who will pay for those projects,\u201d he noted.<\/p>\n<p>Mr. Agbodza condemned what he described as \u201crent-seeking\u201d by some cement dealers, highlighting the irony of stable prices for basic food like kenkey and waakye while cement remains unaffordable.<\/p>\n<p>\u201cIt is unacceptable that we can all make sacrifices as a country, yet cement dealers refuse to pass on gains to the people. This rent-seeking must stop,\u201d he added.<\/p>\n<p>While he acknowledged the government\u2019s preference for locally produced cement, he cautioned that continued high prices could push consumers toward imported alternatives.<\/p>\n<p>\u201cIf even Ghanaian cement producers have made themselves the most expensive, what do you think the average person buying cement will do? He will source it from a cheaper source,\u201d the minister remarked.<\/p>\n<p>Mr. Agbodza further disclosed that government is set to roll out a major road infrastructure programme and will prioritize sourcing materials, including cement, from suppliers offering the most competitive rates.<\/p>\n<p>\u201cGovernment is about to unveil a massive road infrastructure project. We shall ensure that cement used for government projects is sourced from the cheapest suppliers on the market. It is as simple as that,\u201d he concluded.<\/p>\n<p>Adomonline<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Minister for Roads and Highways, Kwame Agbodza, has taken a firm stance against the soaring cost of cement&hellip;\n","protected":false},"author":2,"featured_media":290248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-290247","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114913219994953549","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/290247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=290247"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/290247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/290248"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=290247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=290247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=290247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}