Lafarge Africa has reaffirmed confidence in the strength of Nigeria’s economy by delivering an impressive financial performance in the first half of 2025.
The company’s net sales surged by 70 percent, reaching N269 billion, driven by improved production volumes as a result of enhanced plant stability. Operating profit rose by 153 percent, reflecting topline growth and greater operational efficiency. Profit After Tax (PAT) stood at N84 billion, marking a remarkable 248 percent increase, while total PAT for the first half of 2025 was N133 billion. The relative stability of the Naira contributed significantly to these gains, in contrast to the previous year’s results which were weighed down by foreign exchange losses.
Despite this encouraging economic news, some opposition voices have remained silent. Critics who focus on negativity often ignore the real progress being made. However, the consistent boom in the Nigerian stock market is closely linked to the rising profitability of listed companies. This trend is a clear indication that the economy is experiencing a strong recovery, fuelled by President Bola Tinubu’s bold and ongoing economic reforms.
