HBM Nigeria Plc, formerly Lafarge Africa Plc, says its transition to a new corporate identity marks a new phase in its growth journey and strengthens its commitment to long-term competitiveness and advancement of Nigeria’s infrastructure.
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‎Speaking recently in Lagos, Lolu Alade-Akinyemi, the Group Managing Director/ Chief Executive Officer, explained that the transition follows Huaxin Building Materials Group’s acquisition of a controlling stake. He emphasised that the transition reflects a renewed focus on operational excellence, sustainability, innovation, digital transformation and stronger collaboration across the business.
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‎Alade-Akinyemi noted that the company has operated in Nigeria for more than six decades and remains committed to delivering quality building solutions through its cement, aggregates, and ready-mix concrete operations, while contributing to urban development, housing delivery, industrial growth, and critical infrastructure projects.
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‎He stated that the recent expansion of the Sagamu and Ashaka plants, with production capacities of 2 million and 3.5 million metric tonnes per annum, respectively, would improve product availability and strengthen the company’s ability to serve customers across key markets. He assured stakeholders that despite the name change, the company’s purpose, values and commitment to excellence remain unchanged.
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‎“We are the same trusted organisation, now operating under a new identity that reflects our aspirations for the future,” he said.
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‎Also speaking, Viola Graham-Douglas, the Director, Communications, Public Affairs and Sustainable Development, HBM Nigeria Plc, said the transition reflects the company’s new ownership structure under Huaxin and aligns with its long-term vision for market expansion and sustained leadership.
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‎Graham-Douglas commended the media for its continued support and professionalism, noting that the engagement was aimed at providing greater insight into the transition while strengthening collaboration with stakeholders.
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‎“It reinforces our commitment to developmental initiatives that support Nigeria’s economic growth and create lasting value for our stakeholders,” she said.
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‎The media parley provided stakeholders with further details into the company’s transition to HBM Nigeria Plc, reaffirming its commitment to delivering innovative building solutions, driving sustainable growth and strengthening its contribution to Nigeria’s infrastructure and economic development.
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‎HBM Nigeria Plc, formerly known as Lafarge Africa Plc, is a leading Nigerian building solutions company and a member of the Huaxin Building Materials Group, a globally recognised manufacturer of construction materials founded in 1907 and headquartered in Wuhan, China. Listed on the Nigerian Exchange Limited (NGX), HBM Nigeria Plc is actively contributing to Nigeria’s urbanisation and economic growth, the largest economy in Africa.
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‎HBM Nigeria Plc has the widest footprint in Nigeria, with cement manufacturing operations in the South West (Ewekoro and Sagamu in Ogun State) and the North East (Ashaka in Gombe State), and in the South East (Mfamosing, Cross River State), with Ready-Mix operations in Lagos, Abuja, and Port Harcourt. HBM Nigeria Plc has a current installed cement production capacity of 10.5 Mtpa.
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‎HBM Nigeria Plc leverages its innovative expertise to provide value-added products and services solutions in the building and construction industry in Nigeria. HBM Nigeria Plc is renowned for producing a wide range of cement solutions designed to meet all building and construction needs, from small projects such as individual homes to major construction projects.
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‎Photo caption: L-R: Country Head, Aggregates and Concrete, HBM Nigeria Plc, Emmanuel Ilaboya; Director, Communications, Public Affairs and Sustainable Development, HBM Nigeria Plc, Viola Graham-Douglas; Group Managing Director/Chief Executive Officer, Lolu Alade-Akinyemi; Head, HBM Eco, Temitope Dosumu, and Commercial Director, HBM Nigeria Plc, Gbenga Onimowo during a media parley for the Lafarge’s transition to HBM Nigeria Plc held recently in Lagos.