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.

High Court     Bayo Onimago     Ibrahim Bio     Afolasade Opeyemi Kemi     Monsurat Omotosho     Turaki Of Ilorin     Ishaq Oloyede     Isiaka Danmeromu     AbdulGaniyu Kareem     Abiodun Musa Aibinu     Kayode Oyin Zubair     Titus Ashaolu     Mamatu Abdullahi     National Association Of Nigerian Students     Sunday Otokiti     Onilorin Of Ilorin     Kale Kawu     Kwara Politics     Code Of Conduct     Volunteers Of Ilorin Community And The Emirate     Hakeem Lawal     Abdullateef Abdussalam     Olatunde Michaels     Abdulfatai Baakini     Dan-Kazeem     Cornelius Fawenu     Lanre Issa Onilu     Bolaji Nagode     Kwara Restoration Project     Grillo     Olaiya Lawal     Bashir Badawi     UNIFEMGA     Otoge     Oyin-Zubair     Kale Bayero     Ilorin International Airport     Salau Kabiru Abdullahi     Kwara North     ARMTI     Abdulwahab Olarewaju Issa     Durbar Festival     Obayomi Azeez     Yusuf Olaolu Ali     Ahmed Shuaib Buranga     Ilorin South Constituency     Suleiman Alege Kuranga     Ahmed Bolaji Nagode     Harafat E. Mukadam     Saka Adeyemo     College Of Health     Durosinlohun Atiku     Babatunde Ajeigbe     TESCOM     Ojo Fadumila     Ahmad Olanrewaju Belgore     Mohammed Alabi Lawal     Kwara Consultative Forum     Olaitan Adefila     Funmilayo Mohammed     Funke Adedoyin     Aliyu Muyideen     Mazars Consulting     AbdulRazaq AbduMajeed Alaro     Yakub Ali-Agan     Universal Basic Education Commission     Taofik Abiodun Ahmed     Ibrahim Abiodun     IPSAS     Nurudeen Mohammed     Toyin Falola     General Tunde Idiagbon International Airport     New Naira Notes     Kwara State Printing And Publishing Corporation     Afolabi-Oshatimehin     Emir Of Lafiagi     Raheem Adaramaja    

Cloud Tag: What's trending

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

Adedipe     Adaramaja     Onilorin Of Ilorin     CACOVID Palliatives     Saad Omo Iya     Obayomi Azeez     Aliyu Adebayo     Kumbi Titilope     Bola Olukoju     Suwa-Arabs     Pius Abioje     Press Release     Pilgrims Board     Is\'haq Modibbo Kawu     Michael Nzekwe     Abdulmumini Sanni Jawondo     Moremi High School     Shehu Salau     Alagbado     Shuaib Abdulkadir     Ojo Fadumila     Soffiyyallah Kamaldeen     Adijat Adebiyi     Olota Of Odo-Owa     Onilupeju Of Ilupeju     Bashir Adigun     SSA Youth     Salihu Ajibola Ajia     Col. Adedipe     Kisra     Saka Asiat Ayinke     Kwara State Fish Farmers Association     Ahmed Mohammed Rifun     Michael Imoudu National Institute For Labour Studies     Ayo Salami     Elerin Of Adanla Irese     Oro Grammar School Old Students Association     LABTOP     Congress For National Consensus     Bashir Badawi     Communication Network Support Services     Katibi Ibraheem Adeola     Ibrahim Sulu Gambari     African Democratic Congress     Hakeem Idris     Kwara-SAPZ Project     Wasiu Onidugbe     Dele Momodu     Sadiq Buhari     Ganmo Power Sub-Station     SDP     Hajj     Florence Saraki     Solomon Edojah     Tayo Alao     Alapansapa     Wahab Olasupo Egbewole     Innocent Okoye     Ibrahim Abduquadri Abikan     Bolaji Abdullahi     Bio Ibrahim     Oro Grammar School     Curfew     Hamid Bobboyi     March 28     Shehu Alimi Foundation For Peace And Development     Kola Shittu     Abubakar Usman Jos     Suleman Abubakar     Egbewole     ANCOPPS     Yusuf Amuda Aluko     Firdaos Amasa     Tunji Oyawoye     Albert Ogunsola     United Nigeria Congress Party     Charles Ibitoye