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.

Afeyin-Olukuta     Olokoba Sulyman     Abdullahi Adisa Akodudu     Umar Sanda Yusuf     Odogun Olushola Gabriel     Shonga Farm Project     Adisa Logun     Nigerian Supreme Council For Islamic Affairs     2017 Budget     BECE     Henry Makinwa     Tsaragi/Share     Omotosho     Olatunji Bamgbola     Christopher Ayeni     Modibo Kawu     Mohammed Ghali Alaaya     Sarakite     Oyedun Juliana Funke     Bashir Adigun     Ayotunde Emmanuel Alao     Fola Consultant     Muyiwa Oladipo Kanu     Chikanda     Kwara United     Galadima     Toun Okewale-Sonaiya     N-Power     Bashir Omolaja Bolarinwa     Demola Banu     Hamidat Sulyman-Yusuf     Niyi Ogundiran     Kolo     Kwara South     Lafiagi     Special Agro-industrial Processing Zone     JMK Construction Company Limited     Adebayo Mohammed Kamaldeen     Opolo Global Innovation Limited     Oke Sunna     Saad Belgore     Oba-Solagberu     Sabitiyu Grillo     John Mayokun Dada     Abiodun Jacob Ajiboye     Okasanmi Ajayi     John Olobayo     Atiku     Emmanuel Bello     Patigi Regatta     Coronavirus     Hassan Oyeleke     Yahaya Dumoye     Dan-Kazeem     Rashidi Yekini     Abdulrasheed Akogun     College Of Education     Igosun     Kayode Yusuf     Adedayo Yusuf Abdulkareem     Adama Isa     Kwara State Television     Bamikole Omishore     Balikis Jawondo     Women For Change And Development Initiative     Eleyele     Michael Nzwekwe     Sherif Sagaya     Lithium     Lanre Jimoh     IYA YUSUF     UNILORIN Alumni     Curfew     Oladimeji Thompson     Owode Market     Sunday Fagbemi     Rabiu Kwankwaso    

Cloud Tag: What's trending

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

Mohammed Tunde-Jimoh     Mohammed Kamaludeen     Sheriff Olanrewaju     Oba Of Jebba     Oloyede     Idris Garuba     Akanbi-Oke     Jalala     GGDSS Pakata     YAKOOYO     Matthew Babaoye     Olatunde Oyeyiola     Muhammed Taofeeq Abdulrazaq     Olushola Saraki     Olatunde Jare     Mutawalle     Kwara Muslim Pilgrims Welfare Board     Unicontinental Construction Company     Ojo Isekuse     Lucky Omoluwa     Eghe Igbinehin     Moses Salami     Christopher Odetunde     KWSUED     Mashood Dauda     Ilorin Central Mosque     Yusuf Ibitokun Sherifat     Oja-Oba     Ohoro Of Shao     Omotoso     KWACOBPA     Arinola Fatimoh Lawal     Saka Abimbola Isau     Adewuyi Funmilayo     Kwara United     Abdulganiy Abimbola Abdussalam     Lola Olabayo     Toyin Abdullahi     Mufti Of Ilorin     Kwara Liberation Group     Aliyu Kora-Sabi     Christopher Ayeni     Kudirat Arinola Lawal     Oke-Oyi     Abiodun Abdulkareem     Aliyu Olatunji Ajanaku     Labour Party     Ibrahim Abiodun     Olupako     Salman Suleiman     Alapado     General Hospital     Ilorin International Airport     Saka Aleshinloye     Agbarigidoma     Ubandoma Of Ilorin     Dan Masanin     Amosa     Suleiman Yahya Alapansapa     C2c@kwarastate.gov.ng     Gbugbu     Monthly Sanitation Exercise     Barakat Community Secondary School     Segun Abifarin     Special Agro-Industrial Hub     Oko-Olowo     Al-Adaby     Femi Agbaje     CT Ayeni     Wahab Isa     Kayode Zubair     SGBN     Kwara Restoration Project     Eruku     COEASU     Nigeria Computer Society     Sheu Ndanusa Usman