Niger Government Suspends 9 Businesses in Niamey for Failing to Implement 35 Per Cent Cement Price Cut
Joy ChukwuDecember 10, 20241 Mins read880 
The Nigerien government has closed nine commercial establishments in Niamey for 15 days for failing to comply with an official price cap on grey cement (CEM 32.5).
The Minister of Trade and Industry, Asman Seydou, announced the suspension in a press release, citing violations of Order No. 0105/MC/I/ME/F of October 16, 2024.
It will be recalled that the order set the price of a ton of CEM 32.5 grey cement at 55,000 FCFA in Niamey—a 35 per cent reduction to alleviate the financial burden on consumers.
The sanction is rooted in the consumer protection law (Law No. 2019-50), which penalises non-compliance with regulations designed to protect the public.
According to reports, following the announcement of the reduction of price, authorities observed widespread refusal by traders to adhere to the new pricing, prompting government intervention. To enforce compliance, the Trade Ministry has provided hotlines for citizens to report violations.
The price reduction order, issued by Brigadier General Abdourahamane Tchiani, Head of State and President of the National Council for the Safeguarding of the Fatherland (CNSP), also grants tax exemptions to cement importers and producers. The exemptions, including a waiver of value-added tax (VAT) on energy inputs, aim to support businesses while lowering costs for consumers.
Under this policy, regional price caps for CEM 32.5 grey cement were set at 55,000 FCFA in Niamey, 56,000 FCFA in Dosso, 51,000 FCFA in Tahoua, 57,000 FCFA in Maradi, 58,000 FCFA in Zinder, and 59,000 FCFA in Diffa, Agadez, and Tillabéri.
Asman warned that any repeat offence would result in a suspension of the commercial activities of these establishments for a period of 5 years, in accordance with the legal provisions in force.
The government’s enforcement measures serve as a warning to non-compliant traders while signalling its commitment to consumer protection and economic relief.
Read More:
- Emilia Pérez Movie Leads Nominations For Golden Globe Awards 2025
- Ajaokuta a Monumental Failure, $11bn Spent Over 43 Years Without Producing Any Steel – Sen. Jimoh
About The Author
Related Articles
US Judge Rejects Tinubu’s Bid to Delay Release of DOJ Drug Files, Sets August 21 Deadline
A United States federal judge has rejected President Bola Tinubu’s request for...
Tinubu Government’s Indifference to Nigerian Lives Laid Bare as Counterfeit Alcohol Poisons and Kills
A health crisis is quietly claiming Nigerian lives, but the government appears...
Tinubu’s IPPIS Was Meant to Kill Ghost Workers, Instead It Paid N941 Million to People Who Don’t Exist
President Bola Tinubu approved a comprehensive audit of the Integrated Personnel and...
Ghana and Russia Sign First Visa Waiver Agreement Since Bilateral Relations Began in 1958
Ghana and Russia have signed their first-ever visa waiver agreement, covering holders...
Leave a comment