LAFARGE CEMENT WAPCO PLC (WAPCO)

Lafarge Africa PLC – Company Overview

Lafarge Africa PLC

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About the Company

Lafarge Africa PLC, formerly known as Lafarge Cement WAPCO Nigeria PLC, is a leading building solutions company in Nigeria. Incorporated in 1959 and headquartered in Ikoyi, Nigeria, the company offers a wide range of cement and building materials, including brands such as Elephant Cement, AshakaCem, PowerMax, and Unicem. As a subsidiary of the Holcim Group, Lafarge Africa is committed to delivering innovative and sustainable building solutions across Nigeria.

Leadership Team

  • Prince Adebode Adefioye – Chairman
  • Lolu Alade-Akinyemi – Chief Executive Officer
  • Gbenga Onimowo – Corporate Officer
  • Gbemiga Owolabi – Human Resources Officer

Corporate Social Responsibility (CSR)

Lafarge Africa PLC is dedicated to corporate social responsibility through initiatives that promote education, community development, and environmental sustainability. The company supports various programs aimed at improving the quality of life in its host communities, emphasizing responsible business practices and social impact.

Company Milestones

  • 1959: Incorporated as West African Portland Cement Company.
  • 1979: Listed on the Nigerian Stock Exchange.
  • 2014: Rebranded as Lafarge Africa PLC following the merger of Lafarge and Holcim.
  • 2021: Achieved a revenue of ₦405.5 billion with a net income of ₦51.14 billion.

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