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Nairaland Forum / Nairaland / General / Lafarge Says It Lost N2.5b To Boko Haram In 5 Months (512 Views)
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Lafarge Says It Lost N2.5b To Boko Haram In 5 Months by segello: 3:31pm On Jun 19, 2015 |
◾Lafarge Africa Group Plc, owners of Ashaka cement Plc, in Gombe state has claimed it lost N2.5 billion to insurgency between November 2014 and March 2015 ◾The Country Director of the firm, Guillaume Roux has said this on Wednesday in Abuja during a meeting with the chairman of the Presidential Initiative on North East (PINE) Prof. Soji Adelaja. ◾Roux, however, said the company has no plan to pullout of the north east region or suspending its operations from where its factory is located in Gombe state. ◾Boko Haram attacked an Ashaka Cement factory twice last year , stealing the company’s dynamites and operational vehicles. ◾Ashaka Cements revenue was N21.1billion the whole of 2014 and 2.4% down from the year before. ◾Lafarge’s consolidated revenue was N205 billion for the whole of 2014 and essentially flat from the year before. ◾Ashaka however, reported a revenue of N4.5billion in Q1 of 2015 representing a 30% drop from the year before. ◾Lafarge also reported a 15.4% rise in revenue in the first quarter of 2015. |
Re: Lafarge Says It Lost N2.5b To Boko Haram In 5 Months by Adeniyi077(m): 4:14pm On Jun 19, 2015 |
Paying tithe the hard way. And you BH members, you should just rot in hell. |
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