In Nigeria, major cement producers are strongly funding new projects in an effort to increase their installed production capacity by an additional 24.5 million metric tons per annum.
According to Vanguard, expansion projects by Dangote Cement, Lafarge Africa and BUA Group, will bring their total capacity from 31.25 million metric tons per annum to 53.75 million metric tons by the end of 2018.
Dangote Cement’s current production stands at 20.25 million metric tons. The company is at present constructing $1 billion cement factory in Okpella, Edo State, to expand its cement production by 12 million metric tons by the end 2018.
Lafarge also plans to increase its production capacity by 5 million metric tons to existing production capacity of 8.4 million metric tons. In this framework, the company has injected N80 billion in the expansion of the Ashaka Cement in Gombe to 2.5 million metric tons from 1 million metric tons. It is also expanding its WAPCO production capacity by 2.5mmt production.
BUA, on the other hand, plans to add 7.5 million metric tons to its current production capacity of 4 million metric tons. This will raise its total capacity to 11.5 million metric tons in 2018.
The company on Tuesday inaugurated the Obu green field three million metric tonnes per annum cement plant in Edo state.
Speaking at the inauguration yesterday, the Chairman and CEO of BUA, Abdulsamad Rabiu, said: “Right now, the Obu plant is one of the many cement projects we are doing in Nigeria. It is a modern plant with up-to-date facilities. At the end of the construction period, we will be producing additional three million metric tonnes of cement per annum.”
BUA also expects 1.5 million metric tons from its subsidiary, Cement Company of Northern Nigeria (CCNN) and 3 million metric tons per annum from Edo Cement. CCNN’s new line is expected to be completed before the end Q3 of 2017.
Anita Fatunji
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...
In the race to secure control over critical minerals, the United States lags behind China, which dominates the market and is positioned across the entire...
Libya, UNDP sign deal to develop blue economy strategy Cooperation spans aquaculture, research, marine protection, capacity building Sector seen...
Digital outsourcing is often promoted as a gateway to jobs for Africa’s connected youth. Yet behind the promise of stable employment lies a more troubling...
Econet launches AI unit, Econet AI, targeting rising demand Offers free Google Gemini access, unveils Cassava AiCloud platform Move reflects telecom...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...