Lafarge Africa Plc is gearing up for a significant production boost, and the message is clear: the company wants to be ready for Nigeria’s next wave of construction.
In a formal notice to the Nigerian Exchange Limited and investors, dated February 4, 2026, the cement maker revealed plans to expand capacity at two of its key plants — Ashakacem in Gombe State and Sagamu in Ogun State.
The move fits neatly into Lafarge Africa’s broader ambition to support infrastructure growth while keeping shareholders focused on long-term value rather than short-term wins.
What’s Changing at Ashakacem and Sagamu
Under the proposed upgrades, Ashakacem’s installed capacity is set to rise to 2 million tonnes per annum.
Over in Ogun State, the Sagamu plant is expected to scale up even further, reaching 3.5 million tonnes per annum once the expansion is completed.
Together, these increases would meaningfully lift Lafarge Africa’s total output, especially in regions where demand for cement continues to track road projects, housing developments, and industrial construction.
Why the Expansion Matters Now
The company says the planned investment is about more than just adding extra tonnes.
At its core, the expansion is meant to improve product availability, strengthen domestic supply, and ensure Lafarge Africa can keep pace with Nigeria’s growing appetite for building materials.
With both public and private infrastructure projects driving demand, management believes increasing capacity now will make the business more responsive to regional needs and reduce pressure on existing production lines.
A Broader Focus on Efficiency and Scale
Lafarge Africa framed the decision as part of a wider strategy centred on operational efficiency and smarter use of its manufacturing footprint.
By optimising capacity across plants, the company expects to sharpen its competitive edge in key markets while positioning itself as a reliable supplier in high-growth zones.
In practical terms, more capacity also means greater flexibility — the ability to respond quickly when demand spikes in one region without disrupting supply elsewhere.
Leadership and Corporate Structure in Focus
Lafarge Africa Plc is a Nigerian-incorporated company with RC 1858 and remains one of the major players in the country’s cement and building solutions sector.
Its headquarters are located in Ikoyi, Lagos, and its operations fall squarely under Nigeria’s capital market regulations.
The board is chaired by Gbenga Oyebode, while Lolu Alade-Akinyemi serves as Group Managing Director and Chief Executive Officer.
Directors come from both local and international backgrounds, reflecting the company’s mix of domestic roots and global connections.
What the Company Didn’t Say
Notably, the disclosure stopped short of giving figures on how much the expansions will cost or when exactly the projects will be completed.
For now, investors and analysts will have to wait for further clarity on funding arrangements and execution timelines.
The notice itself was signed by Adewunmi Alode, Legal Director and Company Secretary, acting on behalf of the board.
What’s Next?
Attention will now turn to follow-up announcements.
Market watchers are likely to keep a close eye on when construction begins, how the projects are financed, and how quickly the new capacity comes on stream.
Just as important will be the knock-on effects — whether higher output translates into stronger market share, improved earnings, and a firmer grip on Nigeria’s evolving cement landscape.
For Lafarge Africa, the expansion is a statement of intent.
The real test will be how smoothly that intent turns into cement on the ground.
