One of West Africa’s largest cement companies, BUA Cement, has announced plans to establish a three million metric tonnes cement factory and 50 megawatts power plant in Guyuk and Lamurde local government areas of Adamawa State in the North-eastern region of Nigeria.
BUA is Nigeria’s second largest cement producer by volume with cement plants in Sokoto and Edo states.
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The company’s newest plant in Sokoto is expected to be operational in 2021. When completed, the Guyuk Cement Plant would bring BUA’s total capacity to 14 million metric tonnes per annum.
Speaking during a courtesy visit to Adamawa State Governor, Ahmadu Fintiri, at Government House in Yola, the Chairman of BUA Group, AbdulSamad Rabiu, said preliminary findings show that the two local governments of Guyuk and Lamurde are reputed to have good quality of limestone deposits.
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He added that BUA Cement is ready to begin the investment in the state, noting that BUA would 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 explained that the Guyuk Cement Plant would be the major investment in the North-east by BUA.
He therefore solicited for support of the governor to set up the factory in Guyuk, pointing out that the company has made a decision to source its raw materials locally and it has invested billions of dollars in various sectors across Nigeria.
He urged the Fintiri administration to support BUA to actualise the Guyuk Cement project and commended the governor’s achievements within one year in office in many sectors of development despite the economic challenges in Adamawa State.
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In his response, Fintiri said his administration’s effort in exploring local contents has started yielding results and appreciated BUA Group for showing interest in establishing the cement plant in Guyuk.
He assured the management team of BUA that the state government would make whatever is needed available and provide the necessary support which would create enabling environment so that BUA Cement company in Guyuk would become a reality.
The governor also expressed the readiness of the government to protect the investment once it’s established, assuring that his administration would maintain a good relationship with the company for the benefit of the state.
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