L-R: Country Head, Aggregates and Concrete, HBM Nigeria Plc, Emmanuel Ilaboya; Director, Communications, Public Affairs and Sustainable Development, HBM Nigeria Plc, Viola Graham-Douglas; Group Managing Director/Chief Executive Officer, Lolu Alade-Akinyemi; Head, HBM Eco, Temitope Dosumu, and Commercial Director, HBM Nigeria Plc, Gbenga Onimowo during a media parley for the Lafarge’s transition to HBM Nigeria Plc held in Lagos today
HBM Nigeria Plc, formerly Lafarge Africa Plc, has said its transition to a new corporate identity marks the beginning of a new phase of growth as the building solutions company positions itself for greater competitiveness and expansion in Nigeria’s construction industry.
The company made this known during a media parley held in Lagos on Monday, following its official transition from Lafarge Africa Plc to HBM Nigeria Plc after Huaxin Building Materials Group acquired a controlling stake in the business.
Speaking at the event, Group Managing Director and Chief Executive Officer of HBM Nigeria Plc, Lolu Alade-Akinyemi, described the rebranding as more than a change of name, saying it reflects the company’s renewed focus on operational excellence, sustainability, innovation, digital transformation and stronger collaboration across its operations.
According to him, while the company’s identity has changed, its commitment to delivering quality building solutions and supporting Nigeria’s infrastructure development remains unchanged.
“We are the same trusted organisation, now operating under a new identity that reflects our aspirations for the future,” he said.
Alade-Akinyemi noted that HBM Nigeria has maintained operations in the country for more than six decades, supplying cement, aggregates and ready-mix concrete for housing, urban development, industrial projects and critical infrastructure across Nigeria.
He also highlighted recent investments in production capacity, revealing that the expansion of the company’s Sagamu and Ashaka plants, with production capacities of two million and 3.5 million metric tonnes per annum respectively, is expected to improve product availability and strengthen its ability to meet growing market demand.
The CEO explained that the transition follows Huaxin Building Materials Group’s acquisition of a controlling stake in the company, positioning HBM Nigeria to leverage global expertise while strengthening its local operations.
Also speaking, Director of Communications, Public Affairs and Sustainable Development, Viola Graham-Douglas, said the new corporate identity reflects the company’s ownership structure under Huaxin and aligns with its long-term strategy for growth and market leadership.
According to her, the transition is intended not only to strengthen the company’s competitive position but also to reinforce its commitment to creating sustainable value for customers, communities and other stakeholders.
She also commended members of the media for their continued support, noting that the engagement provided an opportunity to explain the company’s transition while deepening stakeholder relationships.
“It reinforces our commitment to developmental initiatives that support Nigeria’s economic growth and create lasting value for our stakeholders,” she said.
The media parley offered further insight into HBM Nigeria Plc’s post-transition strategy, with management reaffirming its commitment to delivering innovative building solutions, driving sustainable growth and contributing to Nigeria’s infrastructure and economic development.
Formerly known as Lafarge Africa Plc, HBM Nigeria Plc is a member of Huaxin Building Materials Group, a global construction materials manufacturer founded in 1907 and headquartered in Wuhan, China. Listed on the Nigerian Exchange Limited (NGX), the company operates cement plants in Ogun, Gombe and Cross River states, alongside ready-mix concrete operations in Lagos, Abuja and Port Harcourt, with an installed cement production capacity of 10.5 million metric tonnes per annum.
