Lafarge Expands Production Capacity of Ashaka and Sagamu Cement Plants in Nigeria
Lafarge Africa Plc has increased the production capacity of its Ashaka Cement plant in Gombe State and Sagamu Cement plant in Ogun State from 2.0 million metric tons (MMT) to 3.5 MMT per annum. The expansion includes the installation of two new plants to enhance energy efficiency and meet market demand.
The announcement follows Huaxin Building Materials Group's acquisition of 83.81% of Lafarge Africa Plc. The company's Managing Director and CEO, Lolu Alade Akinyemi, emphasized that the expansion project reflects their confidence in Nigeria's growth and commitment to supporting infrastructure development.
The goal is to strengthen the supply chain, improve responsiveness to market demands, and better support critical sectors like housing, commercial construction, and infrastructure development.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Lafarge Africa Expands Cement Capacity in Nigeria, Cement Prices Expected to Drop
Lafarge to Expand Operations in Nigeria, Boosting Infrastructure
Dangote Cement Signs $1bn Deal for 12 Plants in Africa
Lafarge Africa Proposes N96.6bn Dividend for 2025
BUA Cement Partners with CBMI to Expand Production Capacity in Sokoto, Nigeria
Lafarge Africa Reports 53% Revenue Growth, Declares Dividend
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
