What name change means for Lafarge as building solutions provider

Besides the euphoria of rebranding, Lafarge Africa’s name change and new corporate identity means so much for the company as well as the Nigeria economy, authorities of the company have said.

The company, at an elaborate ceremony in Lagos recently, announced that it has changed its name from Lafarge Africa Plc to HBM Nigeria Plc, without any adverse effect on its operations or the workforce.

This name change will not affect the company’s operations, workforce, customers, shareholders, or its unwavering commitment to Nigeria’s economic growth and infrastructure development, Lolu Alade-Akinyemi, the Group Managing Director/Chief Executive Officer, assured.

He explained that the change to HBM Nigeria Plc reflects the company’s continued evolution as one of Nigeria’s leading building solutions providers, combining strong local roots with enhanced global industrial collaboration.

He said the new identity signals a forward-looking phase for the company, driven by operational excellence, innovation, sustainability, and long-term value creation.

“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 industrialization,” Alade-Akinyemi said.

He pointed out that the transition positions the company for the future, while reinforcing the values of excellence, sustainability, customer satisfaction, and responsible business practices that have defined its legacy for decades.

Gbenga Oyebode, chairman, Board of Directors, said, “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”.

He also assured that while the corporate identity has officially changed, the rollout of operational integration, branding assets, and customer-facing communications will continue progressively across all touchpoints to ensure consistency, business continuity, and a seamless experience for all stakeholders.

David Umahi, Minister of Works, commended HBM Nigeria Plc (formerly Lafarge Africa Plc) for its significant contributions to Nigeria’s infrastructure development by delivering landmark projects across the country.,

Highlighting the company’s role in supporting the Federal Government’s infrastructure agenda, the minister said, “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.”

The roll call of dignitaries that were in attendance at the unveiling includes the Deputy Governor of Cross River State, Peter Odey, representative, Lagos State Governor, Olufemi Daramola, and representative of the Ogun State Governor, Tokunbo Talabi.