Liberia: cement shortage looms

Liberia: cement shortage looms
Published: 05 April 2010

Local Liberian businesses involved in cement importation in the country have called on President Ellen Johnson Sirleaf to remove the 10% customs tariff of cost, insurance and freight (CIF) that had been reintroduced by the Ministry of Finance on imported cement.

The cement importers told the Liberia Daily Observer business correspondent in Monrovia that the introduction of the 10% CIF by the Ministry of Finance has seriously disempowered them to import cement.

They want President Sirleaf to reissue her 2007 Executive Order that suspended the 10% tariff.

According to them, it is necessary for the President take action now to arrest cement shortage on the market and stop increasing the price of the product as the rainy season approaches.