Building Giant HBM Nigeria Begins New Era, Backed by 10.5 Million-Tonne Cement Capacity

Building Giant HBM Nigeria Begins New Era, Backed by 10.5 Million-Tonne Cement Capacity

By Auwal Ahamd Umar

With an installed cement production capacity of 10.5 million metric tonnes per annum, HBM Nigeria Plc remains one of the largest building materials companies in the country, serving a broad spectrum of customers across the construction value chain.

The company operates cement manufacturing plants in Ogun, Gombe and Cross River states, alongside ready-mix concrete facilities in Lagos, Abuja and Port Harcourt, giving it one of the most extensive production and distribution networks in Nigeria’s construction sector.

Industry observers say the transition from Lafarge Africa Plc to HBM Nigeria Plc signals more than a change of name. It reflects the company’s ambition to deepen its role in supporting Nigeria’s infrastructure expansion, housing development and industrial growth while leveraging the technical expertise and global reach of its parent company, Huaxin Building Materials Group.

The new corporate identity was officially unveiled on Monday, marking a significant milestone in the company’s transformation journey and strategic alignment with its new shareholder structure.

In a statement signed by the Head of Corporate Communications, Ginikanwa Frank-Durugbor, the company said the rebranding underscores its commitment to delivering innovative building solutions while creating sustainable value for stakeholders.

As HBM Nigeria Plc embarks on this new phase, the company says it remains focused on innovation, sustainability and operational excellence, with the goal of creating long-term value for shareholders, customers and the wider Nigerian economy.

Speaking on the transition, the Group Managing Director and Chief Executive Officer, Lolu Alade-Akinyemi, described the new identity as a reflection of the company’s future-focused vision.

“HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company. While our corporate identity is evolving, our commitment to Nigeria remains unwavering,” he said.

According to him, the company will continue to provide quality cement, concrete, aggregates and innovative building solutions that support infrastructure development, housing growth and industrialisation across the country.

Mr Alade-Akinyemi explained that the transition would be implemented through a phased process across the company’s nationwide operations to ensure seamless business continuity for customers, investors, employees and host communities.

The Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the transition positions the company for long-term success while preserving the values and principles that have guided its operations for decades.

“We are confident that HBM Nigeria Plc will continue to create sustainable value for shareholders, strengthen stakeholder trust and deliver on its long-term ambitions,” he said.

The company noted that while the corporate identity has officially changed, the rollout of branding assets, operational integration and customer-facing communications will continue progressively across all touchpoints to ensure consistency and a seamless experience for stakeholders.

Formerly known as Lafarge Africa Plc, HBM Nigeria Plc is a member of the Huaxin Building Materials Group, a global construction materials manufacturer founded in 1907 and headquartered in Wuhan, China. The company is listed on the Nigerian Exchange Limited and remains one of the key players in Nigeria’s building and construction industry.