Fidelity bank card banner Camano banner
NIGERCEM set to resume production •Core investor mobilises to site

By News Express on 02/11/2017

Views: 1,347

•NIGERCEM factory
•NIGERCEM factory

Nigeria Cement Company (NIGERCEM), Nkalagu, which became comatose few years after it was privatised in 2002 would soon commence production to further bolster the nation’s cement production capacity now standing at 25 million tonnes.

This comes as Ibeto Group, the new core investor, said it would soon mobilise to site after putting finishing touches to the fabrication of local machines that would enable it return to production site at Nkalagu, in Ebonyi State. 

The Governor of Ebonyi State, Chief David Umahi who spoke in Abakaliki, when he addressed stakeholders on the imperatives of giving priority to agricultural production, confirmed that other major cement manufacturers including BUA Cement and Lafarge Group had also indicated interest in the large deposits of limestone in the state.

The governor also stressed the need to embrace agriculture, adding that Nigeria plunged into recession because of its heavy dependence on oil.

“If we don’t do things differently now, we may be heading for crisis and there may be nothing to leave for our children and generations to come. The oil we hoped and banked on is no longer fashionable.

“The only credible alternative that awaits us as a nation is agriculture and that is why this summit seeks to proffer solution on ways we can mechanise agriculture in the state,” Umahi said.

He disclosed that his administration in line with its agricultural policy would partner with individuals or groups that want to go into mechanised agriculture by way of land preparation and other forms of assistance to boost commercial farming.

The Governor called on traditional rulers in the state to help in the area of land acquisition to enable the state have expanse of land suitable for mechanised agriculture.

He also urged them to encourage youths to engage in agriculture, stressing it would help fight crime among youths.

Nigeria would be saving over $2 billion annually from its current production of about 25 million tonnes of cement.

NIGERCEM, Nigeria’s oldest cement factory which began operation in 1954, became comatose since 2003 when it stopped production with over 200 workers of the company most of whom are believed to have died due to non-payment of salaries.

However, the Ebonyi State government last year signed deed of understanding with the Ibeto Group of companies to revive the ailing industry following the Federal Government’s pledge to support it restream the plant

In May this year, the Federal Government promised it would assist in every way possible to ensure that NIGERCEM which had been the pride of the Eastern Region, was brought back to full production.

The Minister of Solid Minerals, Dr. Fayemi Kayode, who gave the assurance during his two-day working visit to Ebonyi State pleged of the Federal Government’s total support for the state governor, Dave Umahi to revitalise the Cement Company (NIGERCEM), Nkalagu in Ishielu Local Government Area of Ebonyi State. (Daily Sun)

Source News Express

Posted 02/11/2017 12:13:52 PM

 

 

CLASSIFIED ADS

 

You may also like...
Jonathan is wonderful, APC chairman, Oyegun declares

SSS harassment: Lai Mohammed has confirmed our fears...

Nigerian troops recapture Borno town seized by Boko...

FG rues failure of privatised public enterprises to...

16 American churches converted to breweries

Five charged for trying to kill PM

FG to complete all ongoing projects in 3...

Presidential Visit: Bauchi declares Thursday work-free day

Strike: Labour unions disrupt Arik, Air Peace operations...

6 Nigerian pilgrims dead in Saudi crane crash...

AfricaBuild 2016 exceeds expectations, attracts 91 exhibitors from...

Stop killing Ogoni people, MOSOP tells FG, security...

 

Latest News Police open fire on protesters in Benin, kill 2 Drama as lady slaps man in court, sent to Kirikiri Prisons Millions risk deportation from Nigeria over residence permits Banditry: We may starve to death, Sokoto communities cry out Ex-Governor Dankwambo under investigation, invited for questioning E-Payment: Panic as ATM machines catch fire in Calabar Nigerian Law School: 850 students pass resit exams, 724 fail Gov. El-Rufai creates 3 new ministries in Kaduna Onu not appointed SGF - Group Ekiti varsity queries lecturer over alleged sex-for-mark scandal Anti-Corruption: Agbakoba says Nigerian Government needs N5bn to prosecute cases Igwe is Unveiled as First Alumnus VC of UNN

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (493,903 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (425,196 views) Shameless Genevieve Nnaji exposes breasts in public (364,946 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (311,511 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (275,926 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (243,822 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (233,708 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (215,630 views) 10 cars more expensive than Jets (212,110 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (204,175 views) Lagos plane crash: Journalist releases victims’ names (184,345 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (183,655 views)

 

NNPC Financial reports February 2019

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (92) Business & Economy (4,308) Business Verdict (73) Columnists (1,051) Complaints & Requests (95) Enterprise & Opportunities (209) Entertainment (622) Features (759) Global Business Monitor (377) ICT Monitor (53) International (3,585) Interview (184) Live Commentary (30) Love Matters (162) Maggie's Blog (303) News (47,376) Opinion (1,260) Pidgin (17) Politics (11,017) Religion (1,021) Sports (2,041) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera