Home Housing NIGERCEM set for return to Nigerian cement market

NIGERCEM set for return to Nigerian cement market

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The cost of building could be drastically reduced in the nearest future.

An old player, the first cement manufacturer in the country, Nigeria Cement Company (NIGERCEM), is coming back.

Governor Dave Umahi of Ebonyi state

Ebonyi Governor, David Umahi made the disclosure in Abakaliki, the state capital on Wednesday.

He added that the new main investor, The Ibeto group is already fabricating machines for production and would soon start moving them to site.

Umahi affirmed that the cost of building would be influenced positively with the development and the fact that other cement makers like Lafarge and BUA have shown interest in the large limestone deposits in the state.

The state has 10% state in the company.

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