March 19, 1961 marked the autonomy of Lugait from its mother municipality when then President Carlos P. Garcia signed and announced Executive Order No. 425 that created the Municipality of Lugait in the province of Misamis Oriental.

As early as its creation, Lugait opened its doors to industrialization. It availed itself of the opportunities then prevailing at the time and soon the world came to know Lugait by the flow of its cement and G.I. roofing products in the market. These commodities became the community’s by-word.

Economy

Most of the area is agricultural, although starting from the southwest at Salimbal Point in Poblacion, hundreds of hectares are converted into industrial land and another development of the same nature also exists at the other side of the Lugait river. More agricultural lands are now yielding to other purposes such as commercial, industrial and residential.

Cement, G.I./Color Roofing Materials, Coconuts, fish and other fresh and processed marine products, bananas and garments are Lugait’s major products. It also prides itself of its famous delicacy- arguably the tastiest bibingka or rice cake this part of the country.

Lugait has a vast reservoir of skilled labor with proper training and upgrading in various fields in non-formal education duly accredited by the Technical Education and Skills Development Authority (TESDA).It also has a high literacy rate of 97%.

Major Establishments in Lugait are Holcim Philippines,Inc.(Formerly Alsons Cement Corp.), Mindanao Steel Corporation, Horizon Port Services, Trine Construction, WOL Corn Mill, Sy Corn Mill, CY Hardware, Lugait Lumber and Industrial Supply, and Shell Gasoline Station.

New investments in Lugait are entitled to tax incentives as approved by the Sangguniang Bayan. It has an active Chamber of Commerce and its peaceful and investment-friendly environment makes it conducive and advantageous to business.

Communications and electrical needs

All barangays in the municipality have electricity. This is being served by the Misamis Oriental Electric Cooperative (MORESCO-1). Located also in Lugait is the diesel-powered Northern Mindanao Power Corporation that augments electric power consumption throughout the Northern Mindanao grid area. The National Power Corporation also maintains a sub-station in Lugait that had been recently upgraded with its power capacity expanded.

Lugait is politically subdivided into 8 barangays.

    * Aya-aya
    * Betahon
    * Biga
    * Calangahan
    * Kaluknayan
    * Lower Talacogon
    * Poblacion
    * Upper Talacogon

Source:

Wkipedia