The
Federal Government has said that owing to its backward integration policy, the
country now has an installed capacity of 39.5 million metric tons (mmt) of
cement production.
This
was made known by President Goodluck Jonathan on Tuesday at the Line II
groundbreaking ceremony of UNICEM cement factory, Mfamosing, Calabar, Cross
River State.
The
president, who was represented by Vice President Namadi Sambo, noted that the
backward integration policy in the cement industry was initiated by the Federal
Government in 2002 to meet self-sufficiency in cement production.
He
said, “From a paltry 2 million metric tons of cement hitherto produced locally
per annum, by 2013, we have achieved 39.5 million metric tons of installed
capacity.”
The
president described the manufacturing industry as
