Follow Us on Google
Lafarge Africa Plc has officially changed its name to HBM Nigeria Plc, marking a major milestone in the company’s transformation and strategic realignment following changes in its shareholder structure.
The new corporate identity was unveiled at a ceremony in Lagos attended by government officials, industry leaders, traditional rulers and key stakeholders from across the country.
Speaking at the event, Group Managing Director and Chief Executive Officer, Lolu Alade-Akinyemi, said the rebranding signals a new phase in the company’s growth while preserving its longstanding commitment to Nigeria’s economic and infrastructure development.
According to him, the transition to HBM Nigeria Plc reflects the company’s evolution as a leading provider of building solutions and positions it for future growth driven by innovation, sustainability and operational excellence.
“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,” Alade-Akinyemi said.
He assured customers, employees, shareholders and other stakeholders that the name change would not affect the company’s operations or service delivery, adding that the transition would be implemented through a phased process across its nationwide operations.
He noted that stakeholders should expect seamless business continuity, sustained investments and a stronger focus on creating long-term economic and social value.
Other News
Chairman of HBM Nigeria Plc, Gbenga Oyebode, described the transition as a strategic move aimed at positioning the company for long-term success while remaining true to the values that have guided its operations over the years.
“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,” Oyebode said.
The Minister of Works, David Umahi, who attended the unveiling, commended the company for its contributions to infrastructure development across Nigeria and its support for the Federal Government’s development agenda.
“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,” Umahi said.
The event attracted several dignitaries, including the Deputy Governor of Cross River State, Rt. Hon. Peter Odey, representatives of the governors of Lagos and Ogun states, traditional rulers from Cross River, Gombe and Ogun states, members of the company’s board and executive management, as well as captains of industry.
The company said the rollout of its new identity, branding materials and customer-facing communications will continue progressively across its operations to ensure consistency and a seamless transition for stakeholders.
HBM Nigeria Plc reaffirmed its commitment to supporting infrastructure development, housing delivery and industrialisation, while maintaining the quality standards and business principles that have defined its operations for decades.
