en.Wedoany.com Reported - The Nigerian government plans to initiate price negotiations with cement manufacturers starting July 1, 2026, in response to the pressure that rising cement prices are placing on infrastructure projects. Minister of Works David Umahi called on producers to lower their selling prices, warning that escalating costs are leading contractors to demand contract revisions.

Speaking at the launch of HBM Nigeria's new brand identity, Umahi stated that persistently high cement prices have negatively impacted public infrastructure works and private construction activities. He urged manufacturers to proactively review their cost structures rather than passing on material cost pressures through contract adjustments.

Umahi also encouraged cement companies to expand production capacity to meet the incremental demand from government-led large-scale infrastructure projects, such as roads and transportation. Growing concerns among contractors over the impact of construction material inflation on project costs and delivery timelines have prompted the government to advance its negotiation agenda.

The price negotiation was announced during the new brand launch event held by Lafarge Africa under the name HBM Nigeria, becoming a focal topic of recent attention in Nigeria's infrastructure sector.

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