More competition for Dangote, others as Bua cement speaks on opening new cement line

  • BUA Cement’s chief executive said that the company has signed an agreement to expand its Sokoto production line
  • He claims that the company’s market share has grown from 2% to over 30% in the last eight years
  • He also said the company wants to become the top producer of cement in the country by lowering the cost of cement

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Yusuf Binji, Managing Director/Chief Executive of BUA Cement, announced that the business has inked a deal to extend its Sokoto manufacturing line, bringing its installed capacity to 20 million tons annually.