{"id":186422,"date":"2016-02-02T08:22:37","date_gmt":"2016-02-02T08:22:37","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=186422"},"modified":"2016-02-02T08:22:37","modified_gmt":"2016-02-02T08:22:37","slug":"trade-ministry-moves-in-to-solve-diamond-dangote-cement-rife","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=186422","title":{"rendered":"Trade Ministry moves in to solve Diamond-Dangote Cement \u00a0rift"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Trade and Industry has told <strong>Citi Business News<\/strong> it is set to commence investigations into allegations of the inability of some Ghanaian manufacturing companies to export products to Nigeria.<\/p>\n<p style=\"text-align: justify;\">This comes months after <span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/11\/27\/aflao-youth-protest-over-influx-of-dangote-cement\/\" target=\"_blank\">several complaints<\/a><\/strong><\/span> by Diamond cement over what it describes as undue competition from Nigerian company, Dangote cement.<\/p>\n<p style=\"text-align: justify;\">[contextly_sidebar id=&#8221;rrx5xLUA3tpNKX56iAdl3OrfCtB1414M&#8221;]Diamond cement has raised concern over Dangote\u2019s involvement in the retail of cement in Ghana.<\/p>\n<p style=\"text-align: justify;\">The development it said to have <span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/11\/03\/diamond-dangote-cement-in-market-share-row-in-ketu-south\/\" target=\"_blank\">reduced<\/a><\/strong><\/span> Diamond cement\u2019s annual production capacity of 1.8 million bags to 1.3 million bags.<\/p>\n<p style=\"text-align: justify;\">The Deputy Communications Manager at the trade Ministry, Ahmad Nasir tells <strong>Citi Business News<\/strong> the Ministry would comply with the recommendations of the Tariff Advisory Board of the Ministry mandated to conduct the investigations.<\/p>\n<p style=\"text-align: justify;\">\u201cDiamond cement\u2019s point was that looking at the price of input into the manufacturing of cement, there was no way Dangote could produce in Nigeria, bring goods into Ghana, pay tariffs and still sell at a price lower than theirs. They are suspecting that something fishy was going on,\u201d Ahmad Nasir stated.<\/p>\n<p style=\"text-align: justify;\">\u201cAt this stage it is an allegation until it is investigated, no action can be taken, within two weeks or so, this issue should be dealt with,\u201d he added.<\/p>\n<p style=\"text-align: justify;\">&#8211;<\/p>\n<p style=\"text-align: justify;\">By: Pius Amihere Eduku\/citifmonline.com\/Ghana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Trade and Industry has told Citi Business News it is set to commence investigations into allegations of the inability of some Ghanaian manufacturing companies to export products to Nigeria. This comes months after several complaints by Diamond cement over what it describes as undue competition from Nigerian company, Dangote cement. [contextly_sidebar id=&#8221;rrx5xLUA3tpNKX56iAdl3OrfCtB1414M&#8221;]Diamond [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32,171],"tags":[],"class_list":["post-186422","post","type-post","status-publish","format-standard","hentry","category-business","category-local-economy"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/186422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=186422"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/186422\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=186422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=186422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=186422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}