BUA Cement

2020 Calendar

Information about the year 2020.

Nigeria Strategy for 2020

1

Potential Sales increase in 2020

  • Early passage of 2020 budget by the Federal Government
  • Flood repairs on roads and buildings as well as new building projects
  • Increase export sales
  • Increase domestic consumption due to housing deficit

FG focus on Infrastructure

  • Road Tax Initiative by the Federal Government
  • Focus on infrastructural development by the government
  • Increase Capital Expenditure in budget
  • Recognition of concrete roads

2

3

Our Business Focus

  • Best Quality in the market
  • Quicker time to market of our products
  • Improved yield for the block makers
  • Increase market awareness
  • Improve plants combined enlarged synergy

Perceived Quick Wins

  • Service combined northern and southern market with increased distribution
  • Increase depot locations across the country
  • Continuous engagement of block makers

4

Nigeria Market Outlook 2020

1

Positive market outlook based on early signing of the 2020 Federal Government Budget

2

Net positive effect of the signing of the Africa Continental Free Trade Agreement (AFCTA) making trade between countries easier

3

The new tax finance bill set to encourage business growth especially for small and medium scale enterprises which will boost consumption

4

CBN's recent mix of heterodox policy actions will not only ease cost of rolling over government borrowings but will also stimulate domestic private sector investments

5

Currency Stability likely due to the strong will of the Government to keep defending the Naira and reasonable stable oil prices.