BUA Targets 200,000 Tonnes of Refined Sugar in Kwara

Date: 2019-11-27

The Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu has hinted that the planned sugar plantation and refinery in Lafiaji, in Edu local government council area of Kwara state is capable of producing over 200,000 tonnes of refined sugar and generate over 10,000 direct employments opportunities for the people of the country.

He also said the project would generate 200,000 litres of ethanol and 35 megawatts of power – using the bye product of sugarcane.

Rabiu stated this in Lafiaji, Kwara State on Monday, when he led the state governor, Alhaji Abdulrahman Abdulrasaq on facility tour of the multi-billion-naira BUA Sugar refinery company.

He said that, "the sugar plantation in Lafiagi and the refinery is one of the most advanced anywhere in the world with the capacity to produce 14,000 tonnes of canes per day when completed.

"Kwara State is one of the states with land, water and climate and we set up our business here because we know sugar refining will succeed here."

He added that, "Instead of importing raw sugar and process it in Nigeria, we decided to establish sugar plantation and refinery in Nigeria and Kwara State happens to be the best located state for the investment.

"When completed, it will generate over 10,000 direct employments and produce over 200,000 tonnes of refined sugar together with 200,000 litres of ethanol and 35 megawatts of power - using the bye product of sugarcane."

Rabiu praised the effort of the state in attracting investments, saying, "this is the only sugar plant in Nigeria with plantation and refinery and will be completed by the end 2020."

Responding, the state governor, Alhaji Abdulrasaq said the state would support the upcoming BUA Sugar Factory and other investors in the state to succeed by creating the right environment.

AbdulRazaq said the strategies to attract and keep investors in Kwara would include sustaining the state's peaceful environment and putting in place the necessary infrastructure and policies to ease the business climate.

He commended the BUA Group for citing the sugar plant in Lafiagi, saying the facility would make the local government the richest in the north central.

He said, "BUA today is the biggest investor in North Central Nigeria and we are happy that their investment is in Kwara State. I am in fact happy that it is in Lafiagi, Edu Local Government."

He said the plant would produce about 25 per cent of Nigeria's sugar need when it begins operation later next year and 75 per cent of the country's sugar needs in the next 10 years.

"Kwara wants to be the epicentre of sugar production in Nigeria and we are creating a peaceful environment for business to thrive," AbdulRazaq said.

He added that such investments would cut poverty rate and strengthen Kwara's capacity to achieve the United Nations Sustainable Development Goals since the issues of water and electricity would be tackled once the factory begins operation.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Oyun     Kwara Teaching Service Commission     Khadijat Ayoola Yusuf     Odolaye Aremu     Kwara State University Of Education     Mustapha Olanipekun     Olumide Daniel Ibitoye     Amada Jidda     Playing Host     Junior Secondary School Certificate Examinations     KWASEIC     Kumbi Titiloye     Ndama Al-hassan     Donatus Ejidike     Yomi Adeboye     Falokun-Oja     Abubakar Aliagan     Rice Farmers Association Of Nigeria     Olaosebikan     Computer Based Test     Oke-Ode     Ilorin West/Asa Federal Constituency     Saidu Kawu     Alapansapa     Jumoke Gafar     Mutawali Of Ilorin     Isa Aremu     Kwara United     Ahmed Bayero     Ben Duntoye     Saliu Ajibola Ajia     Jide Ashonibare     Moses Adekanye     Ibrahim Gambari     Kehinde Boyede     Egbejila     Saliu Shola Taofeek     Habeeb Saidu     Firdaos Amasa     Alao Ayotunde     Abdulrosheed Okiki     Iyabo Dupe Adekeye     Oyelere Oyinloye     Ayo Salami     Umar Yakubu Jaja     Galland Marcias     Kwara State Polytechnic     Forgo Battery Company Limited     Isaac Aderemi Kolawole     Toyin Saraki     Sobi Hill     Sulu Gambari     Issa Baba     KSIRS     Abdulmajeed Wahab     Onikijipa     Abdulquawiy Olododo     Mahmud Durosinlohun Atiku     Sidikat Uthman Ajibola     Osuwa     Gbadeyan Gbadura Yomi     EFCC     Agor     Jimoh Olusola Imam     Alapado     Hamid Bobboyi     Bayo Mohammed Onimode     Ilesha-Gwanara     Yahaya Seriki Gambari     Baba-Isale     Monsurat Omotosho     Zainab Abass     Sheu Ndanusa Usman     Gbemisola Oguntimehin     Dan Iya Of Ilorin     Air Peace     Olosi Of Osi    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kamaldeen Gambari     Sheikh Ridhwanullah El-ilory     Opolo Global Innovation Limited     Binta Abubakar-Mora     Rueben Parejo     Funmi Salau     Alabe     Lawyers Unite Against Corruption     Simon Sayomi     John Obuh     Fatimoh Lawal     Ado Ibrahim     Amuda Musbau     Salihu Yahaya     Madawaki     Ilorin Amusement Park     Illyasu Abdullahi     Iyiola Oyedepo     Sa\'adu Salahu     Sulu Babaita Isiaka     Medinat Folorunsho Salman     Oja-Oba     KWSUED     Aremu Odolaye     Third Estate     Galadima     Sheriff Olanrewaju     Baba Idris     Salmon Babatunde Salmon     Damilola Yusuf Adelodun     Adeleke Ogungbe     Makama     Www.Kwarareports.com     Ahmed Alhasssan     Falokun-Oja     Ibrahim Orire     Danhawa     Ayinde Oki     Edret Sabi Abel     Bashir Omolaja Bolarinwa     Owo Arugbo     Funmilayo Mohammed     VADA     Kwara Politics     Fatimah Abdulkadir     Facemasks     Yusuf Babatunde Abdulwahab     Olaiya Lawal     Isaac Aderemi Kolawole     Dapo Teni Nig Enterprise     Oke-Ero     Roseline Oni Aremu     Alumni Association Of The Federal Polytechnic Offa     AbdulRahman Saad     Shuaib Abdulkadir     Dan-Kazeem     Muhammad-Mustapha Suleiman     Kamoru Kadiri     Isiaka Saka Opobiyi     Esinrogunjo     Abubakar Baba Sulaiman     Alimi Abdulrazaq     Bukola Saraki     Oluronke Adeyemi     NFAI     Oasis Muslim Care Foundation     Okin High School     Abdulrasaq Alaro     Yomi Ogunsola     Shehu Jimoh     Share     Lawan     Mary Arinde     Bamidele Adegoke Oladimeji     Ahmed Idris Mohammed     Labaeka     Cassava Growers\' Association