The Nation Newspaper

Category: Business

  • TD Africa, Enugu Tech Fest unveil Code Your Defence

    TD Africa, Enugu Tech Fest unveil Code Your Defence

    TD Africa, in collaboration with the Enugu Tech Festival (ETF) and the Enugu State Ministry of Innovation, Science and Technology, has announced the launch of a fully sponsored Cybersecurity and Data Science training initiative branded “Code Your Defence.”

    This collaboration is coming as digital transformation accelerates across Africa, the demand for skilled professionals in Cybersecurity and Data Science continues to rise, from protecting digital infrastructure to driving data-led decision-making, these fields now sit at the centre of innovation, governance, and business growth.

    The programme is designed to equip young Africans with practical, industry-relevant skills aligned with global standards. Participants will be trained through a structured curriculum that blends foundational knowledge with hands-on learning and real-world application, ensuring they are not only trained but also job ready.

    Speaking on the initiative, Head of Marketing at TD Africa, Fridel Makun, emphasised the organisation’s commitment to building digital capacity and creating real opportunities for young people.

    “At TD Africa, we believe Africa’s digital future will be shaped by people who are equipped, not just inspired. ‘Code Your Defence’ is our way of expanding access to the kind of training that builds confidence, competence, and career readiness. By investing in cybersecurity and data science, we are helping young Africans develop skills that are globally relevant and urgently needed across industries,” he said.

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    Selected participants will benefit from free professional training, an industry-standard curriculum delivered by experienced instructors, globally recognised certification, and access to pathways for job placements, internships, and career advancement.

    The programme is open to students and recent graduates, early-career professionals seeking to upskill, and individuals looking to pivot into Cybersecurity or Data Science. No advanced prior experience is required, only a strong willingness to learn.

    Training commences on January 19, 2026, and interested applicants are encouraged to register early, as slots are limited.

    This initiative reflects a shared commitment to closing Africa’s digital skills gap and building a future-ready workforce capable of securing systems, unlocking the value of data, and supporting sustainable development across the continent.

  • MoMo PSB deepens African cross-border transfers

    MoMo PSB deepens African cross-border transfers

    MoMo Payment Service Bank (MoMo PSB), the financial subsidiary of MTN Nigeria, has expanded its cross-border transfer service, extending outbound coverage to additional African markets (including Kenya and South Sudan), while also deepening inbound remittance capabilities from the United Kingdom, United States, Canada, and Europe.

     With the latest expansion, MoMo PSB customers in Nigeria can now send money to a wider network of African countries, including Ghana, Benin Republic, Rwanda, Togo, Cameroon, DR Congo, Congo Brazzaville, The Gambia, Côte d’Ivoire, Liberia, Malawi, Zambia, Sierra Leone, Uganda, and now Kenya and South Sudan.

     On the inbound corridor, customers can conveniently receive international transfers directly into their MoMo wallets from senders across the UK, US, Canada, and Europe. This development reinforces MoMo PSB’s growing role in enabling fast, secure, and inclusive cross-border payments for Nigerians at home and in the diaspora.

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    The enhanced service offering reflects MoMo PSB’s ongoing commitment to advancing financial inclusion by simplifying the process of moving money across borders. Customers benefit from swift transaction processing, competitive exchange rates, secure transfers, and the ease of receiving funds directly into their MoMo wallets, removing many of the delays and frictions traditionally associated with cross-border remittances.

    The expansion is driven by strategic partnerships with Brij, Lightway Finance, and Thunes, leveraging their global payments infrastructure to deliver reliable, efficient, and compliant cross-border transfer experiences.

    Speaking on the development, Usoro Usoro, Executive Director, Strategy and Stakeholder Management, MoMo PSB, said: “Through our partnerships with Lightway Finance and Thunes, we have strengthened our international payments infrastructure to support both outbound and inbound remittances across key corridors. This expansion reflects our commitment to building secure, scalable, and inclusive financial solutions that meet the evolving needs of our customers.”

    By widening both its sending and receiving corridors, MoMo PSB continues to deepen access to financial services and strengthen Nigeria’s connection to the global economy—making international payments more accessible, affordable, and seamless for individuals and businesses alike. For more information, visit www.momo.ng/internationaltransfers.

  • How MPC members agreed to retain existing rates

    How MPC members agreed to retain existing rates

    Members of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) have shared their thoughts on the state of the economy, pointing to a steady seven-month drop in the cost of living.

    In their recent personal reports, the experts discussed how they plan to move from strictly raising interest rates to a more careful approach that supports local businesses while keeping the Naira stable.

    The main focus of the meeting was the fact that inflation—the rate at which prices rise—fell to 16.05 percent in October 2025. One member, Aku Pauline Odinkemelu, noted that this downward trend is now “entrenched and broad-based.”

    She suggested that because things are improving, it is safe to slightly reduce the main interest rate. This, she argued, would give a “measured stimulus” to help farmers and factory owners grow their businesses without causing prices to jump back up.

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    However, not everyone agreed that it was time to relax. CBN Governor Olayemi Cardoso and Deputy Governor Emem Usoro voted to keep interest rates exactly where they are at 27 percent. They pointed out that there are still “heightened risks” on the horizon.

    Governor Cardoso explained that as Nigeria moves toward the 2026 budget and the 2027 elections, the government often spends more money, which can lead to higher prices. He said keeping the rate high is a “clear signal of reinforcing stability” to make sure the progress made so far is not lost.

    One big change all members agreed on was a new rule for how banks keep their money with the CBN. They adjusted a specific “corridor” to make it less attractive for banks to just leave their cash sitting idle at the Central Bank.

    Instead, the goal is to push banks to lend that money to everyday Nigerians and businesses. Murtala Sabo Sagagi stated that this move helps “tighten liquidity” while encouraging banks to manage their cash more effectively.

    The reports also showed good news for Nigeria’s savings. Deputy Governor Bala Mohammed Bello reported that the country’s foreign reserves grew to $46.70 billion in November 2025. He added that Nigeria’s removal from a global “grey list” for financial monitoring has “further enhanced Nigeria’s competitiveness globally,” making the country more attractive to international investors.

    Even with these wins, some members warned that the job is not yet finished. Aloysius Uche Ordu cautioned that fixing the economy is a “marathon, not a sprint.” He reminded everyone that other countries that celebrated victory over high prices too early often saw the problems come back even worse.

    Finally, the committee members asked the government to help out with things the CBN cannot control, such as improving security for farmers and lowering the high cost of electricity and transport.

    Philip Ikeazor noted that while the exchange rate is steady, prices in the cities are still a concern. He called for the government to fix these “structural impediments” to help the economy grow for everyone.

  • Ministry commits to PPP for housing delivery

    Ministry commits to PPP for housing delivery

    Permanent Secretary, Federal Ministry of Housing and Urban Development, Dr. Shuaib Belgore has restated the commitment of the housing ministry to driving policy harmonisation and deepening the Public – Private collaboration as strategies to accelerating housing delivery and sustainable urban development in Nigeria.

    Dr. Belgore, stated this at the ongoing 14th Meeting of the National Council on Lands, Housing and Urban Development (NCLHUD) in Ilorin, Kwara State.

    He noted that effective coordination across all tiers of government, supported by the private sector, remains critical to addressing the nation’s housing deficit.

    “Achieving sustainable housing delivery and functional cities begins with sound policy formulation, rigorous sectoral reviews, and the implementation of actionable strategies,” Belgore said.

    He explained that the Council serves as the highest statutory policy advisory platform in the sector, bringing together key stakeholders to align national and sub-national actions around shared priorities for housing and urban development.

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    According to him, growing pressure on public resources has made Public–Private Partnerships (PPPs) indispensable, stressing that “harmonised land administration systems, planning standards, financing frameworks, and delivery models are essential to creating a predictable, investor-friendly environment that accelerates housing supply.”

    Dr. Belgore identified persistent challenges, including limited access to land, high construction costs, weak land documentation, inadequate mortgage financing, and skills gaps, adding that the demerger of the Ministry from Works was a deliberate step to reposition the housing sector for greater impact.

    He assured stakeholders of the Ministry’s continued policy leadership and institutional coordination, urging them to “translate harmonised policies into measurable outcomes that improve access to affordable housing for Nigerians.”

    Commending the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, for ongoing sectoral reforms, the Permanent Secretary highlighted land governance digitisation, urban renewal, promotion of local building materials, and deepened PPPs as key drivers of sustainable housing delivery.

    He also disclosed the Ministry’s intervention in establishing local building materials manufacturing hubs aimed at reducing construction costs and creating jobs, calling on stakeholders to engage constructively on memoranda before the Council to ensure actionable and coordinated outcomes nationwide.

    In his remarks, the Commissioner of Housing and urban development, Kwara State, Dr. Segun Ogunsola, noted that the Kwara State is not lagging behind with regards to urban development in face of global best practices in housing and urban development.

    He argued that the 14th National Housing Council is coming at a time when managing urban sprawl amidst population growth is fast becoming a major challenge.

    Ogunsola assured stakeholders that the Kwara State Government will work with the Federal Government via the Federal Housing Ministry to bridge the gap in housing deficit, and management of urbanisation across the state.

  • ‘Local refineries supplied 87 per cent of cooking gas’

    ‘Local refineries supplied 87 per cent of cooking gas’

    Nigerian local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited, supplied 87per cent of Nigeria’s domestic Liquefied Petroleum Gas (LPG), also known as cooking gas, in 2025, significantly reducing the country’s dependence on imports.

    According to the report, the sharp rise in domestic supply marked a major shift from 2023, when imported cooking gas accounted for about 47per cent of total consumption.

    The improvement has been driven largely by the coming on stream of the Dangote Petroleum Refinery, increased LPG output from NLNG, and contributions from other local plants.

    The report added that data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicated that a total of 52,900 metric tons of cooking gas was supplied to the domestic market in 2025.

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    Of this volume, 45,800 metric tons, representing 87per cent, were sourced locally, while only 7,100 metric tons, or 13per cent, came from imports.

    It explained that industry data showed that the growing dominance of local suppliers has led to a steady decline in LPG imports, easing pressure on foreign exchange demand and improving supply security in the domestic market.

    The report quoted some analysts as saying that increased local production has helped stabilise availability, even as consumption continues to rise.

    It added that the National Bureau of Statistics (NBS) corroborated the trend, reporting sustained growth in domestic LPG output alongside falling import volumes over the period.

    The NBS attributed the development to expanded refining and gas processing capacity, as well as policy reforms aimed at encouraging local production.

  • AI may wipe out generation of workers, WEF warns

    AI may wipe out generation of workers, WEF warns

    With yearly investments in artificial intelligence (AI) applications predicted by the World Economic Forum (WEF) and Bain & Company to reach $1.5 trillion by 2030, the early-stage workforce generation − aged 22 to 27 − risks being lost because of this cutting-edge technology.

    This younger work cohort was already badly hit during their final years of school when COVID-19 meant learning and work moved online.

    Now a paper released on the sidelines of the WEF, happening in Davos this week, warns that this age group risks being further disadvantaged by AI.

    In a blog published to coincide with the WEF, Lisa Stevens, chief administrative officer at Aon Corporation, noted that, given AI is changing the way people work at an unprecedented speed, nearly 1.1 billion jobs could be reshaped by the end of the decade.

    Stevens cautions that automated entry-level work for efficiency gains risks erasing early-career pathways for those between 22 and 27, which will weaken the future skills pipeline needed for long-term growth.

    These young people, primarily Generation Z, are seen as the first generation of true “digital natives”, having grown up with internet access, smartphones and social media as an established part of daily life.

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    “If automation advances without careful oversight, we could see the emergence of a ‘lost generation’ of early-career talent – an outcome that can be avoided with the right leadership focus and design choices,” Stevens said.

    Stevens noted that automation compounds the challenge those entering the workforce face after the pandemic upended life experiences that built confidence and judgement. “AI threatens to add new pressures on job prospects, mental health and wellbeing.”

    In addition, “many young professionals spent critical years in isolation, missing out on in-person learning, mentorship and exposure to complex environments. This gap is fuelling distress among new graduates; 19per cent of the class of 2026 report feeling ‘very pessimistic’ about the job market,” Stevens said.

    The WEF’s Future of Jobs Report 2025 finds that 92 million existing jobs are expected to be displaced due to automation and changing work patterns. Yet, it also indicates there will be a net increase of about 78 million jobs globally by 2030 because AI, automation and digital technologies are creating more new tech-driven roles than they displace.

    Early signs of strain are already visible, Stevens said. She points out that in the US, unemployment among early-career talent aged 22 to 27 is at 7.1per cent, about three points higher than the overall workforce.

    Jobs most often cited as being at risk from automation include data entry and clerical work, receptionists, tier one tech support, basic sales positions, as well as junior roles in HR and marketing.

    Stevens said employers and leaders have an opportunity to reset how this generation is supported, strengthening their career prospects and the economy’s long-term growth and resilience.

    “Handled well, this shift has the potential to not only reshape work, but to strengthen how early careers are built and supported,” she said.

    To achieve this, organisations must re-centre early-career development on human skills that are core to AI-enabled work, Stevens argued.

    “The real imperative is to redesign entry-level roles and modernise early-career pathways in ways that strengthen long-term talent pipelines. This means separating routine tasks from development opportunities – automating repetitive work while preserving and enhancing essential early-career learning,” she wrote.

    Stevens added that companies need to prioritise and reward learning agility, curiosity and adaptability, which she says are “traits that are among the strongest predictors of successful AI adoption”.

    This will help create a culture where early-career talent see change as an opportunity for growth. Supporting mental health and wellbeing must also be part of this equation, she notes.

    Stevens argues that employers have a responsibility to help early-career professionals become, and remain, employable. “This is especially urgent for a generation whose early work and educational experiences were disrupted by the COVID-19 pandemic,” she wrote.

  • Rate hike: Shippers Council insists on stakeholders’ engagement

    Rate hike: Shippers Council insists on stakeholders’ engagement

    The Nigerian Shippers’ Council (NSC) has reiterated its call on shipping companies operating at the nation’s seaports to engage traders and other relevant stakeholders before increasing their tariffs.

    The Executive Secretary of the Council, Dr Pius Akutah, made the call in Lagos yesterday, during a stakeholders’ meeting on tariff review by shipping companies, service providers, clearing agents, importers, and freight forwarders.

    Akutah, who was represented by the Director of Consumer Affairs at the NSC, Mrs Ify Okolue, said stakeholder engagement is critical to maintaining order within the port system and ensuring that Nigeria’s ports align with global best practices, while safeguarding the interests of port users and the national economy.

    Akutah explained that the Council’s mandate is to promote fairness, efficiency, and balance within the port system.

    “Our role is not only to ensure that service providers operate within an economically justifiable framework, but also to protect port users from arbitrary, unjustified, or anti-competitive charges. In carrying out this responsibility, the Council is guided by due process, transparency, stakeholder consultation, and the overriding national interest.”

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    “It is important to emphasise that the mandate of the Nigerian Shippers’ Council is to promote fairness, efficiency, and balance within the port system.”

    Speaking further, the Executive Secretary said the Council remains open to dialogue and is committed to ensuring equity, regulatory integrity, and the long-term sustainability of the maritime industry.

    “Regulation is most effective when it is inclusive, which is why this engagement is critical. It provides us with an opportunity to listen attentively to your perspectives, clarify the rationale behind regulatory decisions, address misconceptions where they exist, and collectively explore solutions that are fair, sustainable, and beneficial to all parties.”

    He acknowledged prevailing economic challenges but stressed the need to strike a balance between cost recovery and the protection of port users.

    “I wish to assure all stakeholders that the Shippers’ Council is not insensitive to the prevailing economic realities, including foreign exchange challenges, inflationary pressures, and the need to keep Nigerian ports competitive within the sub-region. At the same time, we must ensure that cost recovery by service providers does not translate into excessive burdens on port users or undermine national trade objectives.”

    He described the engagement as a collaborative effort aimed at strengthening Nigeria’s port system.

    “Today, we are not here as adversaries, but as partners in progress, united by a common goal, a port system that supports trade facilitation, attracts investment, and contributes meaningfully to Nigeria’s economic development. The Council remains open to dialogue and is committed to equity, regulatory integrity, and the long-term sustainability of the maritime industry,” Akutah stated.

    Stakeholders at the meeting included the Importers Association of Nigeria (IMAN); Lagos Chamber of Commerce and Industry (LCCI), Maritime and Freight Forwarders Unit; Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

    Others are, Association of Nigerian Licensed Customs Agents (ANLCA); National Association of Government Approved Freight Forwarders (NAGAFF); National Council of Managing Directors of Licensed Customs Agents (NCMDLCA); and the Africa Association of Professional Freight Forwarders and Logistics (APFFLON).

  • FCCPC goes after violators of digital lending rules

    FCCPC goes after violators of digital lending rules

    IT will no longer be business as usual for Digital Money Lending (DML) operators – the Federal Competition and Consumer Protection Commission (FCCPC) has clamped down on those violating the rules guiding digital lenders.

    The operators had earlier been given a January 5 deadline to regularise in accordance with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations).

    They have till April to perfect their operations.

    FCCPC Executive Vice Chairman/Chief Executive Officer (EVC/CEO) Tunji Bello said the actions were necessary to give effect to the regulations and to maintain regulatory certainty in Nigeria’s digital lending market which is in line with the Commission’s statutory mandate.

    A statement issued in Abuja yesterday by the commission quoted Bello as saying: “The compliance window provided under the Regulations has now closed. At this stage, the commission is proceeding with appropriate enforcement steps in a manner that is fair, orderly, and consistent with due process, the objective is to promote discipline, transparency, and consumer confidence within the digital lending space, not to disrupt legitimate business activity.

    “As part of the approved enforcement framework, the Commission has withdrawn the conditionally approved status previously granted to certain DML operators that did not complete the required regularisation process within the transitional period.

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    “Consequently, such operators have been removed from the FCCPC’s published register of approved digital lenders, pending compliance with applicable regulatory requirements.”

    Mr. Bello noted that the Commission’s published register serves as an important consumer information tool. This register is intended to guide the public on operators that have met the applicable regulatory requirements as at the time of publication.

    “Consumers are advised to exercise caution when dealing with digital lenders that do not appear on the Commission’s current list of approved operators,” the EVC/CEO said.

    According to him, the commission has also commenced structured engagement with relevant application hosting platforms and payment service providers, consistent with its statutory functions, as part of ongoing enforcement and compliance monitoring activities.

    The statement further reads: “Further regulatory steps will be undertaken in accordance with law and established procedures.

    “For those provisionally designated as eligible under transitional arrangements, the Commission has issued a deadline of April 2026 to regularise their registration under the DEON Regulations.

    “This window is provided to enable affected operators to take steps towards compliance. Operators that choose not to regularise their status within this period may be subject to further regulatory measures, as provided under the law.”

    The commission emphasised that the ongoing enforcement process is intended to support market discipline, protect compliant operators from unfair competitive practices, and safeguard consumers from abusive, deceptive, or unlawful conduct. Effective regulation depends on consistent application. Compliant businesses deserve a predictable regulatory environment, and consumers are entitled to protection under the law.

    The commission reaffirmed its commitment to transparent regulation, fair competition, and effective consumer protection across Nigeria’s digital economy.

  • ILO records 390 cases of seafarer abandonment

    ILO records 390 cases of seafarer abandonment

    The International Labour Organization (ILO) has recorded 390 cases of abandonment of seafarers in 2025, according to the joint IMO/ILO database.

    Of the cases reported, 224 have been resolved, while the remaining incidents are classified as unresolved (90), disputed (69), or inactive (seven). The figures underscore ongoing challenges in enforcing existing protections and ensuring timely resolution for affected crews.

    Since the database was established in 2004, it has logged a total of 1,537 abandonment incidents, affecting 3,581 seafarers from 191 nationalities, highlighting the persistent and systemic nature of the issue.

    Under the Maritime Labour Convention (MLC), a seafarer is considered abandoned when a shipowner fails to provide repatriation, leaves the crew without necessary support or maintenance, or stops paying contractual wages for a period of at least two months. The MLC establishes a legal framework designed to protect seafarers from being stranded by irresponsible shipowners, ensuring access to assistance, financial security, and repatriation.

    However, the human cost of abandonment remains severe. Abandoned seafarers are often stranded for months without wages, adequate food, or medical care. Many are unable to leave vessels due to immigration restrictions and are forced to rely on charities and welfare organizations for survival.

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    According to industry stakeholders, several factors continue to contribute to abandonment cases, including weak enforcement by flag and port States, insufficient insurance coverage for vessels, and shipowners refusing to accept responsibility for crew welfare. These shortcomings, critics argue, are not merely administrative failures but structural weaknesses that allow exploitation to persist.

    The International Transport Workers’ Federation (ITF) has repeatedly warned about the scale of the problem. In mid-2025, the ITF reported that over 2,280 seafarers were abandoned aboard 222 vessels during the first half of the previous year, with $13.1 million in unpaid wages, representing a 30per cent year-on-year increase in cases. The federation stressed that Gulf States—particularly the United Arab Emirates, where many cases have been reported—as well as European States, must strengthen efforts to hold shipowners accountable and prevent abandonments in or near their ports.

    Regionally, following the Arab World, Türkiye accounted for a significant number of cases, more than double those reported in the Asia-Pacific region. The ITF has pointed out that Türkiye has not ratified the Maritime Labour Convention, raising concerns about regulatory gaps. The ITF’s 2024 report also identified Panama (43), Palau (37), Tanzania (30), and Comoros (29) as the worst-performing flag States in terms of abandonment cases.

    Since the outbreak of the COVID-19 pandemic, abandonment cases have shown another troubling increase. In 2020, 85 cases were reported, of which 55 have been resolved, while in 2021, 95 cases were recorded, with only 64 resolved to date. Approximately 21 cases reported since January 2020 were directly linked to the pandemic, exacerbating the crew change crisis and placing additional strain on seafarers worldwide.

    In response to the growing problem, the IMO and ILO adopted new measures in 2022 aimed at improving conditions for abandoned seafarers. These guidelines focus on enhancing coordination among flag States, port States, seafarers’ home States, and recruitment service States to accelerate case resolution, ensure payment of outstanding wages, and facilitate repatriation. Also, in 2023, the IMO adopted resolution (LEG.6(110)) during the IMO Legal Committee, 110th ,to provide Guidelines for port State and flag State authorities on how to deal with seafarer abandonment cases.

    Further strengthening the regulatory framework, new amendments to the Maritime Labour Convention entered into force in December 2024. These amendments enable member states to facilitate the prompt repatriation of abandoned seafarers and enhance cooperation to ensure that replacement seafarers engaged on affected ships are fully protected and granted their rights and entitlements under the MLC, 2006.

    Despite these measures, the ILO figures indicate that abandonment remains a critical challenge for the maritime industry; one that continues to test the effectiveness of enforcement mechanisms and the commitment of stakeholders to safeguarding seafarers’ rights.

  • BUA Cement, CMBI ink deal for $240m project

    BUA Cement, CMBI ink deal for $240m project

    BUA Cement Plc and Sokoto Portland Limestone Cement have signed an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line in Sokoto.

    According to a statement by the companies, the deal marks a major milestone in their expansion drive and reflects  commitment to meeting Nigeria’s growing infrastructure needs.

    The $240 million project, including the new cement line, power plant, and other key facilities, will significantly increase BUA Cement’s production capacity, bringing its total annual capacity to 20 million tons when completed and strengthening regional supply.

    The agreement   builds on BUA Cement’s 15-year collaboration with CBMI, during which CBMI successfully delivered cement production lines totaling 14 million tons across BUA’s factories in Obu (Edo) and Sokoto.

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    The Sokoto plant, the statement added, is strategically located as the only cement plant in Nigeria’s North-West, providing easy access to several landlocked neighboring countries.

    It reads: “This location enables BUA Cement to serve both domestic and regional markets efficiently, ensuring high-quality Nigerian cement reaches new communities and critical infrastructure projects.

    “In parallel, the BUA 700-ton-per-day mini LNG plant in Kogi, scheduled for completion later this year, will supply clean, reliable energy to power the new Sokoto line as well as existing lines, improving efficiency, reducing emissions, and supporting sustainable industrial growth.

    :” This investment comes at a transformative time for Nigeria. The bold reforms introduced by Mr. President have made it easier to establish and operate factories while stimulating demand for infrastructure and construction projects.

    “These reforms create a favorable environment for industrial growth, and BUA Cement is proud to contribute to the nation’s development by expanding capacity, creating jobs, and supporting critical infrastructure.

    “With completion of the Sokoto line targeted in 20 months, BUA Cement is excited about the opportunities ahead and confident that this project will strengthen its position as a leader in the Nigerian cement industry and across the region.”