BUA Cement has announced that it is ready to establish a three million metric tonnes of cement plant and 50 megawatts power plant in Adamawa State, North-East Nigeria.
Brandnewsday reports that this was made known by the Chairman of BUA, Abdul Samad Rabiu, who led the BUA Cement Management team on a courtesy visit to the Adamawa State Governor, Ahmadu Umaru Fintiri in the Government House, Yola.
This news medium gathered that one of West Africa’s largest Cement companies, BUA Cement set to establish the cement plants in Guyuk and Lamurde local governments of the state.
Speaking during the visit, Rabiu stated that the 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. Adding that 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.
Speaking further, the chairman emphasized that the Guyuk Cement Plant will be the major investment in the North-East by the company. He then solicited for the support of Governor 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, therefore, urging the state government to support the company 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.
In his response, Governor Fintiri disclosed that his administration’s effort in exploring local contents has started yielding results and thanked BUA for showing interest in establishing the cement plant in Guyuk. Adamawa State Governor reiterated their support and assured the BUA team that government will make whatever is needed and provide the necessary support which will create enabling environment so that the BUA Cement company in Guyuk will become a reality.
Fintiri further 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.
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