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BUA Cement, CMBI ink deal for $240m project

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BUA Cement Plc and Sokoto Portland Limestone Cement have signed an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line in Sokoto.

According to a statement by the companies, the deal marks a major milestone in their expansion drive and reflects  commitment to meeting Nigeria’s growing infrastructure needs.

The $240 million project, including the new cement line, power plant, and other key facilities, will significantly increase BUA Cement’s production capacity, bringing its total annual capacity to 20 million tons when completed and strengthening regional supply.

The agreement   builds on BUA Cement’s 15-year collaboration with CBMI, during which CBMI successfully delivered cement production lines totaling 14 million tons across BUA’s factories in Obu (Edo) and Sokoto.

The Sokoto plant, the statement added, is strategically located as the only cement plant in Nigeria’s North-West, providing easy access to several landlocked neighboring countries.

It reads: “This location enables BUA Cement to serve both domestic and regional markets efficiently, ensuring high-quality Nigerian cement reaches new communities and critical infrastructure projects.

“In parallel, the BUA 700-ton-per-day mini LNG plant in Kogi, scheduled for completion later this year, will supply clean, reliable energy to power the new Sokoto line as well as existing lines, improving efficiency, reducing emissions, and supporting sustainable industrial growth.

:” This investment comes at a transformative time for Nigeria. The bold reforms introduced by Mr. President have made it easier to establish and operate factories while stimulating demand for infrastructure and construction projects.

“These reforms create a favorable environment for industrial growth, and BUA Cement is proud to contribute to the nation’s development by expanding capacity, creating jobs, and supporting critical infrastructure.

“With completion of the Sokoto line targeted in 20 months, BUA Cement is excited about the opportunities ahead and confident that this project will strengthen its position as a leader in the Nigerian cement industry and across the region.”


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