Mining

Leading cement producers in Nigeria in move to raise production by 24.5 million mt

Thursday, 31 August 2017 08:41

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

On the same topic
Liberia deploys system to detect illegal electricity connections Technology flags anomalies, enables remote disconnection of power Move aims...
Voltalia commissions 148 MW Bolobedu solar plant in South Africa Plant supplies Rio Tinto unit via grid under long-term agreement Project...
Lindian raises A$6 million for Malawi rare earths project Funding supports Kangankunde production, targeting 2026 launch Project could...
Solar dominates renewables, reaching 47% of global capacity in 2025 Falling costs drive growth, solar now cheaper than fossil fuels Expansion led by...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.