
The Ebonyi State Government in Nigeria plans to borrow NGN 150bn (about US$ 103m) to finance the construction of a new state-owned cement plant, as part of the state’s 2026 budget. The project is to build a greenfield cement plant on the local limestone and raw material deposits, which have formerly been used by Nigercem. However, the old plant (photo) has been completely decommissioned and closed down. A revival of the cement production is only possible with a new factory.
