In a bold move to stimulate the construction industry and ease the financial burden on citizens, Niger’s Head of State, General Abdourahamane Tiani, has announced a 35% reduction in cement prices across the country. The decision, signed into effect on October 14, 2024, introduces a special tax regime that grants exemptions on customs duties and VAT for importers, producers, and marketers of grey cement (CEM II 32.5).
Under the new directive, a ton of cement will now sell at 55,000 CFA francs in Niamey, 56,000 in Dosso, and 51,000 in Tahoua, among other regions — a sharp drop from the previous prices that averaged around 85,000 CFA francs. This initiative aims to make housing and infrastructure development more affordable, while encouraging growth within the local construction sector.
The government’s policy also bans cement exports temporarily to ensure sufficient local supply. Officials say the goal is to stabilize prices, promote local development, and create jobs in the building and construction industries.
However, authorities have warned of strict enforcement measures. Recently, nine businesses in Niamey were suspended for refusing to comply with the new pricing policy. The government insists that such defiance will not be tolerated as it works to make essential materials more affordable for citizens.
This price cut marks one of the most significant economic reforms under the current administration, signaling Niger’s commitment to economic recovery, affordable housing, and industrial growth.
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