BUA Cement, one of West Africa’s largest cement companies, has announced its plan to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa State.
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, 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.
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He added that the 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 stressed that the Guyuk cement plant would be the major investment in the North-East by BUA and solicited the support of Fintiri to set up the factory in Guyuk.
The BUA boss explained that the company made a decision to source its raw materials locally and had invested billions of dollars in various sectors across Nigeria and therefore urged the state government to support BUA to actualise the Guyuk cement project.
Responding, Fintiri said his administration’s effort in exploring local contents had 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 the state would provide an enabling environment BUA Cement’ s plant in Guyuk to 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.
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