Featured newsNews

Ashaka Cement to inaugurate N11bn 16-MW power plant

14 February 2019

Ashaka Cement Company, a
subsidiary of Lafarge Africa Plc has unveiled plans to inaugurate a 16-megawatt
power plant in order to improve and solve the country’s energy problem.
  
The MD, Ashaka Cement, Rabiu Abdullah Umar, who disclosed this while speaking
with journalists during the 2018 award ceremony for its distributors, said the
company spent N11billion on the project, which began in 2017.
  
He said the power plant, will not only release additional megawatts to the
national grid, but also create employment opportunities, boost operational
efficiency and tackle the high energy cost of the largest industry in Nigeria’s
northeast.

  
“We are helping to remove ourselves from the demand for energy, and providing
our own solution. A minimum of 16 megawatts of electricity, will now become
available to the public grid for the people in the region. The power plant is
our biggest plan aimed at reducing our costs,” he added.

Umar said that, as the foremost foreign direct
investment company, and in line with the Lafarge Holcim’s 2030 plan, Ashaka
Cement is not only rewarding customers, but also investing in communities.
  
“Lafarge Africa is keen on investing in Ashaka. The power plant,
infrastructure, and cement capacity are all testament to this commitment. We
are celebrating a good year and look forward to even better collaboration in
2019.”
  
Country CEO, Lafarge Africa, Michel Puchercos, expressed appreciation to all
the distributors for their remarkable performance in keeping the Lafarge range
of products among the top brands in the market.
 
“This year, we are set to change the way we do business by empowering our
customers to become partners. To achieve this, Lafarge Africa Plc has embarked
on a business transformation project, which is aimed at improving operating
efficiencies and interactions with our customers for a mutually beneficial
relationship.

Our new strategy has started to deliver results and we are on a new path of profitable growth,” he added.
 
Responding on behalf of the customers, Muhammed Itami, expressed gratitude to Lafarge Africa for the recognition and encouragement accorded distributors and customers.https://guardian.ng/business-services/ashaka-cement-to-inaugurate-n11bn-16mw-power-plant/

Read the latest issue

Latest Issue