• BUA Cement , CBMI $240 million agreement signing ceremony.
BUA Cement Plc, manufacturers of BUA Portland Limestone Cement and Sokoto Portland Limestone Cement, has signed an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line 6 in Sokoto.
The $240 million project, which includes 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 upon completion, thus strengthening its regional supply.
This 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.
In addition, 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.
Abdul Salam Rabiu, founder and Chief Executive of BUA Group, said: “This investment comes at a transformative time for Nigeria, bolstered by the bold reforms introduced by President Bola Tinubu administration which have made it easier to establish and operate factories while stimulating demand for infrastructure and construction projects.”
