Guyuk cement plant to rise BUA annual investment to 14m tonnes
Adamawa State Governor Ahmadu Umaru Fintiri.
The BUA Cement, one of the West Africa’s largest cement companies is expected to increase output with 14million tonnes with the investment in the Guyuk Cement Plant in Adamawa.
BUA Cement also disclosed that it is set to establish Ultramodern 3million Cement Plant, 50mw Power Plant in Adamawa
These were made known when the Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team to the Adamawa State Governor, Ahmadu Umaru Fintiri on a courtesy visit in the Government House, Yola.
The Chairman of BUA, Abdul Samad Rabiu said that it has plans to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state.
Abdul Samad Rabiu explained that 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.
The Chairman assured that the BUA will use new technologies to supply power to the proposed cement plant and communities of Guyuk and Lamurde as well as providing three thousand direct and five thousand indirect jobs.
He 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. According to him, the company made a decision to source its raw materials locally and it has invested billions of dollars in various sectors across Nigeria and urged the state government to support BUA to actualize the Guyuk Cement project.
In his response, Adamawa State Governor Ahmadu Umaru Fintiri said his administration’s effort in exploring local contents has started yielding results and commended BUA for showing interest in establishing the cement plant in Guyuk.
Fintiri assured the management team of BUA that government will provide the necessary support which will create enabling environment so that the BUA Cement company in Guyuk will become a reality.
He assured of government’s readiness to protect the investment once it is established as well as maintain good relationship with the company for the benefit of the state.
It was gathered that 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.