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.

Obayomi Azeez     Aliyu Olatunji Ajanaku     Omotosho     Abdulmumini Sanni Jawondo     BECE     Tsaragi/Share     IHS     Balogun Ajikobi     Adesoye     Azeez Salawu     Agbarigidoma     Rex Olawoye     Yusuf Arowosaye     Yemi Sanni     Opolo Global Innovation Limited     Oluwatoyin Lukman     National Broadcasting Commission     Imodoye Writer’s Enclave     Gafaru Olayiwola Olorisade     Young Progressives Party     Prince Mahe Abdulkadir     Mamatu Abdullahi     Chief Imam Of Offa     Maimunat Oloriegbe     Y.A. Abdulkareem     Jamila Bio Ibrahim     Dan Iya     Students Union Government     General Hospital     Unicontinental Construction Company     AbdulFatai Adeniyi Dan-Kazeem     Isiaq Khadeejah     Rotimi Oyedepo     Medinat Folorunsho Salman     Plat Technologies     Shuaib Olarongbe     Shao     Ilorin     Mahmud Durosinlohun Atiku     Moshood Kashimawo Abiola     Post-utme     Kazeem Adekanye     NITDA     Mahmud Ajeigbe     Babatunde Ishola Babaita     Tosin Saraki     Oniye     Sarah Jubril     Abdulkarim Adisa     Olaiya Zuberu     Sobi FM     Olomu Of Omu-Aran     Ilorin East/South Federal Constituency     Ajakaye     Lawan     Royal FM     Amos Justus Sayo     Yahaya Oloriegbe     Offa Grammer School     Sa\'adu Salau     Olabanji Orilonishe     Joshua Adeyemi Adimula     Adekunle David Dunmade     Omupo     Aishatu Ahmed Gobir     Yusuf Babatunde Abdulwahab     Abdullahi Dasilva Yussuf     Ahman Pategi University     Mumini Ishola Hanafi     Suleiman Alege Kuranga     Ilesha-Gwanara     Dorcas Afeniforo     Ben Duntoye     ASMAU PLAZA     Onilu     Tsaragi-Share     Abdulraheem Olesin    

Cloud Tag: What's trending

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

Ilorin Likeminds Foundation     Sulaiman Gado     Ajasse-Ipo     Ebun-Olu Adegboruwa     Ibrahim Orire     Bolaji Abdullahi     Afetu Of Alabe     S.O. Opowoye     Ilorin West/Asa Federal Constituency     Hassan Oyeleke     Apaola     Muhammad Fawaz Abubakar     Olajumoke Monsura Gafar     Chikanda     Adesoye     KWASIEC     Elewu     Lanwa     Shehu Alimi Foundation For Peace And Development     Tunde Yusuf     Oniyangi Kunle Sulaiman     Saka Keji     Ubandawaki     Simon Sayomi     Tayo Alao     LEAH Charity Foundation     Yusuf Abdulkadir     Olaiya Zuberu     Razak Atunwa     Kwara State Pension Board     AGILE Programme     Yakubu Shaaba     Ilorin     Omoniyi Ayinla     Isiaka Gold     Obayomi Azeez     Toyin Saraki     CELF     Facemasks     Oloruntoyosi Thomas     TESCOM     Oniyangi     Nigeria Computer Society     KWASEIC     Orire     General Hospital, Ilorin     TIIDELab     Plat Technologies     Abdulraufu Mustapha     AbdulRaheem Ahmad Shayi     Local Government Pension Board     Jumoke F. Ajao     KWAFFA     Atiku Abubakar     Michael Imoudu National Institute For Labour Studies     Ibikunle Ogunleye     Kale Kawu     Rex Olawoye     Sambo Murtala     Yusuf Abdulraheem     Salman Suleiman     Raji Ayodele Kamaldeen     Babaloja-General     Buari Edun     Muritala Olarewaju     Balogun Fulani     Balogun-Ojomu     Sulu Babaita Isiaka     Abdulganiy Abimbola Abdussalam     Ladi Hassan     Fatima Abolore Jimoh     Iponrin     Akanji     Oladipo Akanmu Tolani     Hamid Bobboyi     TIC     Baaziki Sulaiman