President Buhari commissions 3 million tpy BUA cement plant
Published by David Bizley,
Nigeria's President Muhammadu Buhari was hosted by State Governor Aminu Tambuwal during a recent trip to Sokoto State where he commissioned a 3 million tpy cement plant owned by BUA Group. The President also commissioned a 48 MW power plant.
President Buhari was quoted by Channels TV as saying:
"Today, almost thirty-seven years later, to commission the fourth line is a very special day for me personally.
"As you all know, one of the key economic pillars of our administration has been to create an enabling environment for businesses to thrive. This is necessary for job creation and indeed, for our economy and national security.
"In the past few weeks, I visited Ogun and Kaduna States where I observed many private sector investments in action. And today, I am here in Sokoto to commission this multi-billion Naira project.
"It is therefore very clear for all to see that our policies are working. Progress is gradually being made in all parts of the country."
Abdul Samad Rabiu, Chairman of BUA Cement, was also quoted as saying:
So far, we have invested over a billion dollars in the past four years and we urge the CBN to continue to support industries like ours that use locally sourced raw materials to add value.
In the past 6 years, we have completed 4 plants – two in Obu, Edo State and two in Sokoto (of which this Sokoto line 4 is the fourth) with BUA’s total production capacity now standing at 11.5 million t with the completion of this plant.
Next year, we intend to complete the construction of two new plants of 3 m metric t each for which construction is ongoing – one in Edo and the other, here in Sokoto.”
Read the article online at: https://www.worldcement.com/africa-middle-east/28012022/president-buhari-commissions-3-million-tpy-bua-cement-plant/
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