Nigeria: Senate Clears Lafarge Sale to Chinese Investor, Says Nigerians' Stakes Safe
10 Jul 2026, 08:18 GMT
Topic: Economy, Business and Finance
Source URL: https://allafrica.com/stories/202607100151.html
[This Day] Senate on Thursday endorsed the proposed acquisition of Lafarge Africa Plc by Chinese firm, Hainan Huaxin Pan-African Investment Company Plc, declaring that the transaction poses no immediate national security threat and will not affect the 16.19 per cent equity held by Nigerian investors.