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News Bauchi government signs US$1.5bn MoU with Resident Cement Company

Bauchi government signs US$1.5bn MoU with Resident Cement Company

Written by Global Cement staff 08 August 2024
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Nigeria: An update has been released on the cement plant planned in Bauchi State, on which Global Cement previously reported on 11 June 2024. On 7 August 2024, the Bauchi State government signed a Memorandum of Understanding (MoU) worth US$1.5bn with Resident Cement Company to establish a cement plant in Gwana District, the Nigerian Tribune reports. The plant is expected to produce 10Mt/yr of cement. The project includes a 100MW power plant, a dam and other amenities for the community, which will reportedly help to attract foreign investment and boost the local economy.

Last modified on 14 August 2024
Published in Global Cement News
Tagged under
  • Nigeria
  • Resident Cement Company
  • Memorandum of Understanding
  • Plant
  • Power Plant
  • GCW672
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