Nigeria, July 10 -- Some senators on Thursday expressed reservations over the sale of Lafarge Africa Plc, Nigeria's third-largest cement producer, to a Chinese company.

The lawmakers expressed concerns about the transfer of ownership to Hainan Huaxin Pan-African Investment Company Plc, noting that the identities of major shareholders in the proposed ownership structure were not fully disclosed.

The ownership structure, according to the Senate ad hoc committee that reviewed the transaction, showed that Lafarge Africa is proposing to sell its 18 per cent market share to Huaxin, while Nigerian public investors currently hold a combined 16.19 per cent stake in the company.

The committee chairman, Abba Moro, while presenting the report duri...