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CCNN, BUA'S KALAMBAINA CEMENT COMPANY SET TO MERGE ...

The Cement Company of Northern Nigeria owners of the 500,000 metric tonnes per annum Sokoto Cement Plant, announced that it has informed the Nigerian Stock Exchange of its proposed merger (“Proposed Merger”) with the BUA Cement owned Kalambaina Cement Company Ltd (“Kalambaina Cement”) – owners and operators of the newly built 1.5million tonnes per annum Kalambaina Cement plant in Sokoto State. This disclosure was made known in filings to regulatory authorities and is subject to various approvals. If approved, the combined entity will have a total installed capacity of 2million metric tonnes per annum..

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