Lafarge Africa Plc has officially unveiled a new corporate identity and name—HBM Nigeria Plc—marking a significant milestone in the company's transformation journey. The change reflects the company's strategic alignment with its new shareholder structure and its continued evolution as one of Nigeria's leading building solutions providers.
Transition Details and Impact
The transition to HBM Nigeria Plc will be implemented through a structured, phased process across the company's nationwide operations. The company reaffirmed that the name change will not affect its operations, workforce, customers, shareholders, or its unwavering commitment to Nigeria's economic growth and infrastructure development. The rollout of operational integration, branding assets, and customer-facing communications will continue progressively across all touchpoints to ensure consistency and business continuity.
CEO's Statement on New Identity
Speaking on the transition, the Group Managing Director/Chief Executive Officer, Lolu Alade-Akinyemi, said the new identity signals a forward-looking phase for the company, driven by operational excellence, innovation, sustainability, and long-term value creation. “HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company. While our corporate identity is evolving, our commitment to Nigeria remains unwavering. We remain focused on delivering quality cement, concrete, aggregates, and innovative building solutions that support infrastructure development, housing growth, and industrialisation. This transition positions us for the future while reinforcing the values of excellence, sustainability, customer satisfaction, and responsible business practices that have defined our legacy for decades,” Alade-Akinyemi said.
Chairman's Remarks
In his remarks, the Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the transition is designed to position the company for enduring success while remaining true to the values and principles that have shaped its legacy. Expressing the Board's confidence, Oyebode stated, “I would like to express my sincere appreciation to our shareholders for their continued trust, to the Board and Management for their leadership, and to our employees whose dedication and commitment continue to drive the company forward. We are confident that HBM Nigeria Plc will continue to create sustainable value for shareholders, strengthen stakeholder trust, and deliver on its long-term ambitions.”
Ministerial Commendation
Also speaking at the event, the Minister of Works, Dave Umahi, commended HBM Nigeria Plc for its significant contributions to Nigeria's infrastructure development. Highlighting the company's role in supporting the Federal Government's infrastructure agenda, he said, “I can talk about Lafarge for a whole day because we have come a long way. Though the company is very strict and of high integrity, I can say that their products are impeccable.”
Dignitaries in Attendance
The roll call of dignitaries at the unveiling included the Deputy Governor of Cross River State, Rt. Hon Peter Odey; representative of the Lagos State Governor, Adekunle Olayinka; and representative of the Ogun State Governor, Mr Tokunbo Talabi. Other dignitaries were drawn from government stakeholders, including traditional rulers from Cross River, Gombe, and Ogun States, old and current board members, the company's executive committee members, and captains of industry.
About HBM Nigeria Plc
HBM Nigeria Plc, formerly Lafarge Africa Plc, is a leading Nigerian building solutions company and a member of the Huaxin Building Materials Group, a globally recognised manufacturer of construction materials founded in 1907 and headquartered in Wuhan, China. Listed on the Nigerian Exchange Limited (NGX), the company has the widest footprint in Nigeria, with cement manufacturing operations in the South West (Ewekoro and Sagamu in Ogun State), the North East (Ashaka in Gombe State), and the South East (Mfamosing, Cross River State), along with Ready-Mix operations in Lagos, Abuja, and Port Harcourt. HBM Nigeria Plc has a current installed cement production capacity of 10.5 million metric tonnes per annum (Mtpa). The company provides value-added products and services in the building and construction industry, offering a wide range of cement solutions for projects from individual home buildings to major construction works.
