Lafarge Africa Plc has announced plans to expand production capacity at its Ashakacem plant in Gombe State and Sagamu cement plant in Ogun State as part of its strategy to support Nigeria’s infrastructure development and strengthen long-term shareholder value.
In a notice dated February 4, 2026, and released to the Nigerian Exchange Limited (NGX) and the investing public, the company said the planned upgrades will lift Ashakacem’s installed capacity to 2 million tonnes per annum (MTpa), while Sagamu’s capacity will increase to 3.5 million tonnes per annum upon completion.
Lafarge Africa said the investments underscore its commitment to expanding domestic cement supply, improving product availability, and aligning operations with Nigeria’s growing demand for construction materials driven by public and private infrastructure projects.
The company noted that the expansion reflects a broader strategic focus on operational efficiency and capacity optimisation across its manufacturing footprint.
Management expects the additional capacity to enhance responsiveness to regional demand while reinforcing Lafarge Africa’s competitive positioning in key markets.
Lafarge Africa Plc is incorporated in Nigeria with RC 1858 and operates as a major player in the country’s cement and building solutions industry.
The company is headquartered in Ikoyi, Lagos, and is regulated under Nigeria’s capital market framework.
The board of Lafarge Africa is chaired by Gbenga Oyebode, with Lolu Alade-Akinyemi serving as Group Managing Director and Chief Executive Officer.
The board includes directors drawn from both local and international backgrounds, reflecting the company’s governance structure and global linkages.
According to the disclosure, the expansion initiative is aimed at delivering sustainable long-term value to shareholders while supporting Nigeria’s broader economic and infrastructure objectives.
The company did not disclose the projected cost or completion timeline for the projects.
The notice was signed by Adewunmi Alode, Legal Director and Company Secretary, on behalf of the board.
Market participants are expected to monitor further updates on execution timelines, funding structure, and the impact of the additional capacity on Lafarge Africa’s production volumes, market share, and earnings outlook.
