\n
Trade and Indus\u00adtry Minister,\u00a0Kobina Tahir Hammond, has un\u00adderscored the need for the government to intervene to protect the consumer from what he described as the \u201chaphazard\u201d increment in cement prices by manufacturers.<\/p>\n
As a result he said, the govern\u00adment had taken the decision to introduce a legislation to control the pricing of the commodity in the country.<\/p>\n
His attempt to, however, submit the Legislative Instrument (LI) to the House on Wednesday was blocked by the Minority for lack of consultation.<\/p>\n
The Second Deputy Speaker, Andrew Asiamah Amoako, who was presiding directed Mr Ham\u00admond to have pre-laying conver\u00adsations with stakeholders before bringing the Instrument.<\/p>\n
Speaking with journalists after proceedings, Mr KT Hammond said all attempts to engage the manufacturers on their prices have proved futile.<\/p>\n
\u201cI asked them to ensure that something was done about it. In my absence, I heard that I won\u2019t be able to do anything so they would not listen and that they would go the way they want,\u201d he said.<\/p>\n
If the manufacturers are refus\u00ading to budge, KT Hammond, MP, Adansi Asokwa, said he had the moral duty to ensure that manu\u00adfacturers abide by fair economic principles.<\/p>\n
\u201cWell, I have only one other avenue, encouraging them to do it is moral persuasion, if moral persuasion fails there is a system in the country, there is a consti\u00adtution, and we all operate by the rule of law. So if the constitution mandates me to bring LI, I will bring the LI to ensure that some\u00adbody abides by some economic principle. If we don\u2019t accept the moral principle, at least some sort of economic principle, the good people of Ghana must benefit,\u201d he said.<\/p>\n
Apart from the pricing, he said the standard of the commodity had also become a concern which must be addressed.<\/p>\n
\u201cI don\u2019t 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,\u201d he mentioned.<\/p>\n
The exorbitant cement prices, he said, were unjustified with Ghana having become self-suffi\u00adcient in the building material.<\/p>\n
\u201cAt a point in time, we were not producing so much cement in the country. Now we have an installed capacity of over 11 million tons in the country. Our demand is nothing like 11 million, so it must be a very profitable enterprise. But I think it behooves on those in responsible positions of authority to ensure that the good people of Ghana are not fleeced. I am not comfortable, I don\u2019t believe that we\u2019re getting good prizes for all that it\u2019s worth,\u201d he said.<\/p>\n
Source:\u00a0<\/strong>ghanaiantimes.com.gh<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Trade and Indus\u00adtry Minister,\u00a0Kobina Tahir Hammond, has un\u00adderscored the need for the government to intervene to protect the consumer from what he described as the \u201chaphazard\u201d increment in cement prices by manufacturers. As a result he said, the govern\u00adment had taken the decision to introduce a legislation to control the pricing of the commodity in […]<\/p>\n","protected":false},"author":1,"featured_media":194011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-195267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Trade and Indus\u00adtry Minister,\u00a0Kobina Tahir Hammond, has un\u00adderscored the need for the government to intervene to protect the consumer from what he described as the \u201chaphazard\u201d increment in cement prices by manufacturers. As a result he said, the govern\u00adment had taken the decision to introduce a legislation to control the pricing of the commodity in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-01T13:35:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"199\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Government has duty to regulate cement prices \u2013 Trade Minister \u2013\",\"datePublished\":\"2024-07-01T13:35:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/\"},\"wordCount\":489,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-1526.png\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/\",\"name\":\"Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-1526.png\",\"datePublished\":\"2024-07-01T13:35:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-1526.png\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-1526.png\",\"width\":300,\"height\":199},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/01\\\/government-has-duty-to-regulate-cement-prices-trade-minister\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government has duty to regulate cement prices \u2013 Trade Minister \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/","og_locale":"en_US","og_type":"article","og_title":"Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com","og_description":"Trade and Indus\u00adtry Minister,\u00a0Kobina Tahir Hammond, has un\u00adderscored the need for the government to intervene to protect the consumer from what he described as the \u201chaphazard\u201d increment in cement prices by manufacturers. As a result he said, the govern\u00adment had taken the decision to introduce a legislation to control the pricing of the commodity in […]","og_url":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/","og_site_name":"Ghanamma.com","article_published_time":"2024-07-01T13:35:06+00:00","og_image":[{"width":300,"height":199,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png","type":"image\/png"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Government has duty to regulate cement prices \u2013 Trade Minister \u2013","datePublished":"2024-07-01T13:35:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/"},"wordCount":489,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/","url":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/","name":"Government has duty to regulate cement prices \u2013 Trade Minister \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png","datePublished":"2024-07-01T13:35:06+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-1526.png","width":300,"height":199},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/07\/01\/government-has-duty-to-regulate-cement-prices-trade-minister\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Government has duty to regulate cement prices \u2013 Trade Minister \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/195267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=195267"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/195267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/194011"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=195267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=195267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=195267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}