Nigercem will soon commence cement operations at the Nigeria Cement Company in Nkalagu, Ebonyi State.
A deed was signed to settle terms between Nigercem and representatives from four host communities - Nkalagu, Nkalaha, Umuhuali, Amaezu and the Ebonyi State Government. With the signing of this pact any previous legal battles affecting the reopening of the cement company have been put to rest.
Core investor, Ibeto Cement Company, thanked Ebonyi State Governor, David Umahi for creating an environment which enables Nigercem to begin operations. Mr Umahi assured the people of Ebonyi that their 10 per cent equity ownership of Nigercem was intact following the signing of the agreement.
