BUA set to complete $300 million Sokoto cement plant


The BUA Group cement subsidiary, CCNN (also known as Sokoto Cement), expects its new 1.5- million-metric-tonnes-per-annum cement plant to be completed before the third quarter of 2017.

This was made known by the Founder/Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, during a working tour of the plant by the Minister for Solid Minerals Development, Dr. Kayode Fayemi.

Rabiu said that the $300 million project, which began a few years ago, was the first expansion of the plant since 1986, with the BUA Group taking over majority shareholding in 2010.

He also informed the minister that the group had discovered coal in commercial quantities, which it intended to use as fuel for a 40-megawatt power plant being constructed as part of the project.

The new cement factory can use both coal and low pour fuel oil, and will meet its power needs from the plant, with the excess electricity generated to be fed to the national grid.

- Advertisement -First Bank USED