Cement News tagged under: AshakaCem Plc

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AshakaCem to complete 16MW power plant in 2019

26 February 2018, Published under Cement News

Nigeria’s AshakaCem (LafaregHolcim group) is constructing a 16MW power station for completion in early 2019. The NGN11bn (US$30.55m) project began in 2017 and is expected to be completed in January 2019, AshakaCem's Managing Director, Rabiu Abdullah Umar, said at a news conference in Gombe. The power plant is also expected to boost the operational efficiency and tackle the high energy cost of the largest industry in Nigeria’s northeast. Umar said the power plant will not only release add...

Nigeria: cement prices in Lagos rise by over a third

31 August 2016, Published under Cement News

The price of bagged cement in Lagos has risen sharply overnight, according to reports in The Nation. A 50kg bag now retails for between NGN2200 and NGN2300 (US$7-7.30), a rise of around 40 per cent on previous prices. Kunle Awobodu, vice-president of the Nigeria Institute of Building (NIOB), said: “Clients, contractors and quantity surveyors may have disagreements due to price variations. New price on old contracts in a competitive bidding may eventually lead to sub-standardisation in con...

AshakaCem Plc appoints new chairman, Nigeria

20 March 2015, Published under Cement News

AshakaCem Plc, a subsidiary of Lafarge Africa Plc, has appointed Malam Suleiman Yahyah as its chairman. The appointment followed the expiration of the tenure of Alhaji Umaru Kwairanga, who has stepped down. The cement manufacturing company in its notice to the Nigeria Stock Exchange (NSE), stated that “the board of directors has appointed Malam Suleiman Yahyah, OON, as the Board Chairman with effect from 12th March 2015.” The board also appointed as non-executive directors of the ...