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BUA Cement Signs $240m Deal With CBMI For Sokoto Line 6

Olushola Bello by Olushola Bello
9 months ago
in Business
Chairman CBMI Construction Ltd., Zhang Sicai, in a handshake with the chairman, BUA Cement Plc, Abdul Samad Rabiu (sitting), flanked from left to right by: CBMI deputy director of Marketing, Zhang Wanjun; chief operations officer, BUA Cement Plc, Finn Arnoldsen; managing director, BUA Cement Plc. Yusuf Binji; assistant general manager, CBMI, Fengtao Geng; Nigeria regional manager CBMI, Tian Bao; chief financial officer, BUA Cement Plc, Chikezie Ajaero, and CBMI vice general manager, Yang Zhi,during the signing of an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line in Sokoto, yesterday. PHOTO BUA Cement

Chairman CBMI Construction Ltd., Zhang Sicai, in a handshake with the chairman, BUA Cement Plc, Abdul Samad Rabiu (sitting), flanked from left to right by: CBMI deputy director of Marketing, Zhang Wanjun; chief operations officer, BUA Cement Plc, Finn Arnoldsen; managing director, BUA Cement Plc. Yusuf Binji; assistant general manager, CBMI, Fengtao Geng; Nigeria regional manager CBMI, Tian Bao; chief financial officer, BUA Cement Plc, Chikezie Ajaero, and CBMI vice general manager, Yang Zhi,during the signing of an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line in Sokoto, yesterday. PHOTO BUA Cement

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BUA Cement Plc has signed an agreement with China-based CBMI to construct a new 3-million-metric-ton-per-annum cement production line at its Sokoto plant.

The company, which made the announcement, said the project, valued at about $240 million, covers the installation of a new cement line, a power plant, and supporting infrastructure.

Upon completion, BUA Cement said its total installed production capacity is expected to rise to 20 million metric tons per annum.

The agreement extended BUA Cement’s long-standing partnership with CBMI, which has spanned over 15 years. During this period, CBMI has delivered cement production lines with a combined capacity of 14 million metric tons across BUA Cement’s Obu plant in Edo State and its existing Sokoto operations.

BUA Cement said the Sokoto plant remains strategically important as the only cement manufacturing facility in Nigeria’s North-West region, with proximity to several landlocked neighbouring countries, positioning it to serve both domestic and regional markets.

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In addition, the company disclosed that its 700-ton-per-day mini liquefied natural gas (LNG) plant in Kogi State, scheduled for completion later in 2026, is expected to supply energy to the new Sokoto line and existing facilities, thereby improving efficiency and reducing emissions.

Construction of the new Sokoto Line 6 is expected to be completed within 20 months. BUA Cement said the project aligns with its expansion strategy and Nigeria’s broader industrial and infrastructure development goals.

 

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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