Senate asks FG to provide more incentives for new entrants into cement production

The Senate has called on the Federal Government to provide more industrial incentives and protection such as offering concessionary loans and larger tax incentives for new entrants into cement production.This is in order to boost production of cement, reduce price and encourage more valuable producers in Nigeria.The Senate’s resolution was sequel to a motion on Tuesday at the plenary on “Need for liberalisation of cement policy in Nigeria” sponsored by Sen. Lola Ashiru (APC-Kwa