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BUA Cement
(www.BUAgroup.com), 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 Easter 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 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 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 contents 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 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.
He also
expressed readiness of the government to protect the investment once it is
established and told them that his administration will maintain the 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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