Lafarge signs n11b contract chinese firm power plant construction ashaka
It appears that Lafarge, a French multinational company, has signed a contract worth N11 billion with a Chinese firm to construct a power plant in Ashaka, Nigeria.
Here's a breakdown of the information:
- Lafarge: A French multinational company that operates in the cement, concrete, and aggregates industries.
- N11 billion: The value of the contract signed between Lafarge and the Chinese firm.
- Chinese firm: The identity of the Chinese firm is not specified in the information provided.
- Power plant: The contract is for the construction of a power plant in Ashaka, Nigeria.
- Ashaka: A town in Gombe State, Nigeria, where the power plant will be constructed.
It's worth noting that Lafarge has a significant presence in Nigeria, with several cement plants and other operations across the country. The company has been involved in various infrastructure development projects in Nigeria, including the construction of roads, bridges, and other infrastructure.
The signing of this contract with a Chinese firm is likely to be a significant development for Lafarge and the Nigerian power sector, as it will help to increase the country's power generation capacity and reduce its reliance on imported fuel.