By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The CapitalThe CapitalThe Capital
Notification Show More
Font ResizerAa
  • Home
  • News
    • Featured
      • Featured Profile
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Reading: BUA Cement Plant is a Big Boost to the Nigerian Economy…Vice President Osinbajo Says as He Commissions the One Billion Dollar Cement Factory in Edo State
Share
Font ResizerAa
The CapitalThe Capital
  • Home
  • News
  • Business
  • Politics
  • International
  • Entertainment
  • Lifestyle
  • Opinion
  • Sports
Search
  • Home
  • News
    • Featured
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Have an existing account? Sign In
Follow US
BusinessHomepage

BUA Cement Plant is a Big Boost to the Nigerian Economy…Vice President Osinbajo Says as He Commissions the One Billion Dollar Cement Factory in Edo State

August 30, 2017 2:32 pm
The Capital
Share
SHARE

 

IMG_0066

Yes,  Vice President Yemi Osinbajo has come to exemplify a special conception of a forthright, no sophistry-permitting political leader. Restrained, yet, robust in his public and private statements, he says it as it is without pandering to any parochial or puritanical interest.

Thus, when the Professor of Law declared yesterday, Tuesday, that he was not only in awe of the $1billion dollar ultra modern BUA Cement Plant at Okpella, Edo State, the new baby of Forbes-certified billionaire businessman, Alhaji Abdulsamad Rabiu, he said he bows to the BUA chairman’s genius and altruistic patriotism.

IMG_0068

At the inauguration ceremony of the three million metric tonnes per annum capacity plant, the Vice President – accompanied by the Ministers of Agriculture and Rural Development, Chief Audu Ogbeh; and Industry, Trade and Investment, Dr. Okechukwu Enelamah; the Emir of Kano, Sanusi Lamido Sanusi; and governor of Edo State, Godwin Obaseki and former governor Adams Oshiomole – said, “The construction of this plant is of course a big boost to the Nigerian economy. It will provide thousands of direct and indirect jobs both for skilled and unskilled workers from the commencement of the construction of the plant to the smooth running of the operations process.”

According to the VP, if the level of production is obtained, it would boost Nigeria’s self-sufficiency in cement and her export capacity. “I am happy to note that for the construction of power production facility for this plant, the BUA group has used the most modern and efficient gas turbine which combines low and economically value cost with a very high degree of reliability.”

See also  Money Laundering? EFCC Arrests Zenith Bank MD Over Governor Wike's 117Billion Naira.

Earlier, there was the symbolic groundbreaking ceremony for the second line of three million metric tonnes which will be completed next year, making a total of six million metric tonnes for the BUA Cement Plant.  He specially commended Samad for the vision while promising that the federal government would always be on the sideline, cheering enthusiastically and ready to offer every form of support the company desires.

What the VP did not know is that such massive endeavours are not alien to Abdulsamad, a citizen of humanity and patriot whose commitment to national and economic stability is beyond doubt. Frequently likened to a champ and sometimes, a business genius, Samad naturally depicts the image of a modern day titan of industry. Having recorded a series of remarkable firsts in the highly competitive world of local and international commerce, there are more worlds for him to conquer. And Nigeria and Africa are the better for it.

Indeed, he has created a legendary brand in BUA, which is a blessing. Rather than submit to the rigours and pressures of commerce, he towers in excellence thus creating a powerhouse that Nigeria nay Africa is proud of.

 

You Might Also Like

FG Moves To Crash Cooking Gas Price
World’s richest woman, Folorunso Alakija, to launch first women’s radio station, WFM 91.7
Danger alert! Goodluck Jonathan’s best friend, Hosa Okunbor in trouble… As Niger Delta militants threatened him, wives, children and business
Breaking: Turmoil in First Bank As Furious Otedola Wields The Big Stick After ‘lavish’ Party
NOVA Merchant Bank Set To Begin Commercial Banking, Appoints Adebowale Oyedeji As MD/CEO
Share This Article
Facebook Email Print

“Sad News”: Tears as Okonjo-Iweala is Bereaved, Peter Obi Reacts

Prince Ikechukwu Okonjo, younger brother of Ngozi Okonjo-Iweala, the director-general (DG) of…

2027 Election: Atiku’s Running Mate Finally Revealed, 3 Names Emerge

Former Vice-President, Atiku Abubakar, is said to be weighing his options ahead…

Cheapest States to Buy Petrol As Prices Drop Following Fuel Supply From Local Refineries by Marketers. DETAILS EMERGE

JUST IN: Marketers Crash Petrol by Over N100, New Pump Prices Emerge Nationwide

The cost of importing petrol into Nigeria has dropped sharply following the…

BREAKING: Three Former APC Speakers Dump Party, Full List Emerges

The 2027 general election is around the corner, and political parties are…

VIDEO: How Adelabu’s Sister, Twin Sons Were Rescued Amid Gun Battle Between Police and Kidnappers

Video footage has emerged showing the moments operatives of the Nigeria Police…

Follow US

Find US on Social Medias
FacebookLike
XFollow
TelegramFollow
WhatsAppFollow

You Might Also Like

Silenced in plain sight…Pitiful fate of deputy bank MDs

December 1, 2016

Governor Obaseki Runs To Tinubu Ahead Of Edo Governorship Primaries

May 23, 2020

Billionaires’ List: Dangote Loses $2.5bn in One Month

March 27, 2020

Shame! Governor Ambode appoints U.S. ‘fugitive’ to head safety commission

October 7, 2016

Categories

  • News
  • Homepage
  • Business
  • Politics
  • Top News
  • Highlife
  • Entertainment
  • Sports
  • Lifestyle
  • Inside Boardroom

About The Capital

We deliver premium coverage of business, politics, lifestyle, entertainment, and society stories shaping Nigeria and beyond. Through credible reporting, insightful features, and engaging digital storytelling, we keep readers informed on the people, trends, events, and conversations driving modern culture and public discourse.
Quick Links
  • About
  • Advertise
  • Contact

Connect with us on Social Media

Facebook X-twitter Whatsapp Envelope

Send us email: [email protected]

© thecapital.ng. All Rights Reserved. Designed by Semasir Connect.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?