BUA Cement, One of West Africa’s largest Cement companies has announced
that it is set to establish a three million metric tonnes cement plant
and 50 megawatts power plant in Guyuk and Lamurde local governments of
Adamawa state in the North-Eastern region of Nigeria.
This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the
BUA Cement Management team on a courtesy call to the Adamawa State
Governor, Ahmadu Umaru Fintiri in the Government House, Yola.
Speaking during the visit, Abdul Samad Rabiu said preliminary findings
show that the two local governments of Guyuk and Lamurde are reputed to
have a good quality of limestone deposits and BUA Cement is ready to
begin the investment in the state.
He added that the BUA will use new technologies to supply power to the
proposed cement plant and communities of Guyuk and Lamurde in addition
to providing three thousand direct and five thousand indirect jobs.
The Chairman stressed that the Guyuk Cement Plant will be the major
investment in the North-East by BUA and solicited for the support of
Governor Umaru Fintiri to set up the factory in Guyuk.
Rabiu said the company made a decision to source its raw materials
locally and it has invested billions of dollars in various sectors
across Nigeria and therefore urged the state government to support BUA
to actualize the Guyuk Cement project.
In addition, he praised the commitment of the governor within one year
in office in many sectors of development despite the economic challenges
in Adamawa.
Responding, Governor Ahmadu Umaru Fintiri said his administration’s
effort in exploring local content has started yielding results and
thanked BUA for showing interest in establishing the cement plant in
Guyuk. He further assured the management team of BUA that the government
will make whatever is needed and provide the necessary support which
will create an enabling environment so that the BUA Cement company in
Guyuk will become a reality.
He also expressed the readiness of the government to protect the
investment once it is established and told them that his administration
will maintain a good relationship with the company for the benefit of
the state.
BUA is Nigeria’s second-largest Cement Producer by volume with cement
plants in Sokoto and Edo States. The Company’s newest plant in Sokoto is
expected to be operational in 2021. When completed, the Guyuk Cement
Plant will bring BUA’s total capacity to 14million metric tonnes per
annum.