To avoid soaring prices, the Ivorian government sets the price of cement
In a few days, the 50 kg bag of cement, usually sold for 3,500 CFA francs, increased from 70% to 80%.
© Lucien KAHOZI / AFP
Text by: RFI Follow
2 min
In Côte d'Ivoire, the price of a bag of cement has seen a sudden increase in price due to the energy crisis, prompting the government to set prices for construction material.
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With our correspondent in Abidjan,
François Hume-Ferkatadji
In a few days, the 50 kg bag of cement, usually sold for 3,500 CFA francs, increased from 70% to 80%.
To stop the surge in prices, the Ministry of Trade and Industry has set a maximum price for the entire territory.
It is now forbidden to sell 50 kg bags for more than 4,750 francs, including in the north of the country.
In a press release, the ministry assures us that these new provisions will have no effect on the supply of the market.
Cement is a fundamental element of the building and public works sector, one of the most dynamic in Côte d'Ivoire.
But due to electricity rationing currently affecting the country, cement factories are idling and pass their losses on to the price of a bag of cement.
It is not the only sector to experience this phenomenon.
The price of the baguette has increased in some bakeries, from 150 to 200 CFA francs.
But the government insisted on recalling that the price of 150 francs is fixed by law and that offenders would be punished.
He even invites "
consumers to denounce any finding of irregular and irresponsible increase in the price of the baguette
".
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Ivory Coast