Trade and Industry Minister, K T Hammond, has underscored the need for the government to intervene to protect the consumer from what he described as the"haphazard" increment in cement prices by manufacturers.
The Second Deputy Speaker, Andrew Asiamah Amoako, who was presiding directed Mr Hammond to have pre-laying conversations with stakeholders before bringing the Instrument. If the manufacturers are refusing to budge, KT Hammond, MP, Adansi Asokwa, said he had the moral duty to ensure that manufacturers abide by fair economic principles.
"I don't think it is fair for the way they are pricing and the way, haphazardly each one of them decides and dictates how much a bag of cement should be sold for. This is quite apart from the quality that they are producing. Some of the companies are producing substandard products. We have had to deal with this matter," he mentioned.