1.3 brief history background of ashaka cem plc ashaka cement plc. (star of the north) is a cement manufacturing and marketing company, which produces portland limestone cement at the production plant. ashaka works uses the dry process of cement manufacturing with capacity of 850,000 tons of grounded cement per annum. however, the performance output of the plant will be increased.

About ashaka cement company limited. this is the profile page of ashaka cement company limited on manpower nigeria. this page contains the email, contact phone number, address, website and other contact information of ashaka cement company limited. ashaka cement company limited is categorized under cement companies, industries, manufacturing.

According to the audited results, the cement manufacturing firm posted a turnover of n15.8billion in 2005 as against n12.6billion recorded in 2004. profit after tax rose from n3.4billion to n4.43billion. the 232kobo dividend will be paid to investors whose names were in the register of ashaka cement.

The tender offer, if successful, will make ashaka cement a whollyowned subsidiary of lafarge africa plc, and may lead to delisting of the cement company from the nse. the board of.

Ashaka cement approves lafarge africa s acquisition deal . shareholders of ashaka cement plc have approved the complete acquisition of the company by lafarge africa in a deal with a cash consideration of ngn604 092m us 16 8m and total value of ngn5 97bn the shareholders of ashaka cement agreed to allow lafarge increase its stake in the company from 86 51 per cent to 99 99 per cent.

Ashaka cement company, a subsidiary of lafarge africa plc has unveiled plans to inaugurate a 16megawatt power plant in order to improve and solve the countrys energy problem.

Ashaka cement general information description. manufacturer and supplier of building materials intended to sell cement and concrete materials in gombe state, nigeria. the company's building materials offer cement, aggregates, and concrete and gypsum products, enabling contractors, wholesalers, and manufacturers to build structures and buildings.

Cement accounts for 83 of total energy use in the production of nonmetallic minerals and 94 of c02 emissions. energy represents 20 to 40 of the total cost of cement production. the production of cement clinker from limestone and chalk by heating limestone to temperatures above 950 c is the main energy consuming process. portland cement.

Cement plant information for ashaka can be found below. for full access to the database, purchase the global cement report™, 14th edition. purchase.

Chief executive officer, md & director at ashaka cement plc. biography. presently, abdullahi umar rabi'u occupies the position of chief executive officer, md & director at ashaka cement plc. he previously was chief operating officer for oando plc. he received an.

Ashaka suspected boko haram gunmen yesterday for the second time in two months stormed a frenchowned cement company, lafarge as they attacked two towns in gombe state, bajoga and ashaka. the.

A cessna citation 550 of ashaka cement, hombe, crashed. everyone on board lost their lives. j: an okada air bac11 crashed in sokoto, and three people lost their lives. sept. 26, 1992: a nigerian air force c130 crashed minutes after.

Geographical location of ashaka works and other related informations location: the ashaka cement works is situated in ashaka town which is 80km north from gombe town and 330km south from kano. it is on longitude 110e, and latitude 11on in funakaye local government area of.

Head office: 57 marina, lagos island, lagos, nigeria tel: 234 700 2255 822, 234 1 280 8822 email: cfc.

Initially, three cement plants were commissioned by the northern, eastern and midwestern regional governments. subsequently, other companies such as ashaka cement, benue cement company (bcc), west african portland cement company (wapco) and cement company of northern nigeria (ccnn) were established.

Chapter one introduction background of the study the history of cement production in nigeria can be traced back to 1957. from the onset, about three cement plants were commissioned by the northern, eastern and midwestern regional governments. later, other companies such as ashaka cement, benue cement company (bcc),.

For instance, ashaka cement (a subsidiary of the lafarge africa) has an enviable brand across in nigeria; offers world class training, perks and is a good place to build a career. the group is actively involved in the economy of not just nigeria but africa, and i want to be part of this reality.

Ashaka cement plc has voluntarily delisted from the nigerian stock exchange, nse, for violation of the exchange free float deficiency provision of.

Ashaka cement recorded a decline of 27 per cent in profit after tax (pat) for the year ended decem. the company posted a revenue of.

It stated that lafarge africa plc currently holds 84.97 percent of ashaka cement, bringing the free float that was tradable on the nse to 15.03 per cent. this is against the 20 per cent stipulated.

The management of ashaka cement plc has formally notified its shareholders and the general public of its delisting from the nigerian stock exchange (nse). news gov. bello makes history as radio kogi joins elite online radio.

Ashaka cement plant in the north east region also focuses on providing creative and qualitative solutions to meet the needs of both small and largescale projects. in the last 3 decades, ashaka cement plant has contributed immensely to the economic growth and development of northeastern nigeria and is well positioned to continue to impact the.

Under the proposed terms, lafarge group will transfer its direct and indirect shareholdings in lafarge south africa holdings (pty) limited (100.00 – representing 72.4 of underlying companies in south africa), united cement company of nigeria limited (35.00), ashakacem plc (58.61) and atlas cement company limited (100.00) to lafarge wapco.

• : a cessna citation 550 of ashaka cement, hombe, crashed, killing all on board. • j: an okada air bac11 crashed in sokoto, killing three persons. • septem: nigerian air force a c130 plane crashed minutes.

Lafarge africa plc. primarily engages in the manufacturing and marketing of cement and other cementitious products such as readymix concrete, aggregates and flyash. the company offers a wide range of products primarily under the brand names of ashaka, elephant, unicem, readymix concrete, and aggregates, as well as.

Leveredunlevered beta of ashaka cement plc ( ashakacem | nga) beta is a statistical measure that compares the volatility of a stock against the volatility of the broader market, which is typically measured by a reference market index. since the market is the benchmark, the market's beta is always 1.

Managing director, ashaka cement lafargeholcim jul 2019 present 2 years 1 month. ashaka, gombe state, nigeria. group head government relations • achieved the highest profit ever in the 50year old history of the organization, in 2017. • recorded the highest share price in the history of the company, mid 2018.

Manchang philemon | nigeria | internship trainee at ashaka cement plc (ashakace) | experienced secretary general with a demonstrated history of working in the chemicals industry. | 133 connections | view manchang's homepage, profile, activity, articles.

The history of cement production in nigeria can be traced back to 1957. from the onset, about three cement plants were commissioned by the northern, eastern and midwestern regional governments. later, other companies such as ashaka cement, benue cement company (bcc), west african portland cement company (wapco) and cement company of northern.

6. ashaka cement. ashaka cement is another popular cement brand in nigeria. it is a subsidiary of the lafarge group which is a wellknown cement manufacturer in nigeria. the ashakacem is popularly referred to as the star of the north as it is a very popular cement brand in northern nigeria. the price of a bag of ashaka cement is between.