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.

Onilupeju Of Ilupeju     Olatunji Ayeni     Suwa-Arabs     Yusuf Zulu-Gambari     Gbajabiamila     KWTV     Ali Ahmad     Joseph Bamigboye     Okiki     Boko Haram     Offa Grammer School     Yusuf Olaolu Ali     Shuaib Jawondo     Saliu Ajia     Durbar Festival     Hijab     Fatimat Saliu     Ilorin Curfew     Surajudeen Akanbi     T And K FOODS     Abubakar Atiku     MAI Akande     Olatunde Olukoya     Eruku     Muslim Cementary     Ganmo Power Sub-Station     Sanusi Abubakar     Mutawali Of Ilorin     Ibrahim Bio     Saliu Shola Taofeek     KWAFFA     Tunji Ajanaku     Baba Issa Awoye     Yaman     Baba Issa     Shonga Farm Project     Yemi Sanni     Tafida Of Kaiama     Gwanara     Isiaka Abdulrazak     Agor Market     Sulaiman Gado     Sola Saraki Educational Foundation     Monthly Sanitation Exercise     AbdulFatai Adeniyi Dan-Kazeem     Musa Yeketi     Abiodun Musa Aibinu     Ilorin Central Mosque     Ita-Nmo Market     PAACO-PCL Consortium     Towobola Abdulrahman Toyin     Folorunsho Alao     Mustapha Olanipekun     Share-Tsaragi     Lola Olabayo     Alaaya     Mahmud Babatunde Baker     Government House     Shehu Adaramaja     Bluenile Associates     Memunat Monsuma     Imodoye Writer’s Enclave     Bola Shagaya     V.O. Abioye     Aliyu Muhammad Saifudeen     Forgo Battery     Allocation     Computer Based Test     Oyin-Zubair     Afusat Nike Ibrahim     Yakubu Danladi     Doyin Agbamu     Bayo Mohammed Onimode     Mike Omotosho     Moshood Kashimawo Abiola     Ajayi Okasanmi     Wasiu Onidugbe    

Cloud Tag: What's trending

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

Bello John Olanrewaju     Sarafadeen Kayode Akorede     Kwara State Football Association     Mufti Of Ilorin     Funmilayo Mohammed     Yusuf Lanre Badmas     Dan-Kazeem     KWACOBPA     National Union Of Road Transport Workers     Shagari     Taofik Mustapha     Ilorin Airport     Ile Arugbo     Ekiti     General Hospital     Kola Olota     Salihu Alhaji Musa     Adeniyi Ojo     Oba David Oyerinola Adedunmoye     Tinubu Legacy Forum     Dumagi     Orisa Bridge     Salary     Abubakar Bature Sulu-Gambari     Toyosi Thomas     Patience Jonathan     Ibikunle Ogunleye     Ahmed \'Lateef     Hajj     Jamiu Oyawoye     Owode Market     IF-K     Oko-Olowo     Durosinlohun Kawu     Tunde Idiagbon Road     Maigida     Samuel Elizabeth Keatswa     Leke Ogungbe     Woro     Maryam Ado Bayero     Kehinde Baale     Lithium Deposit     Issa Baba     Standard Organization Of Nigeria     COVID-19 Palliatives     Raji Ayodele Kamaldeen     Ayo Salami     Shehu Raheem Adaramaja     Jimoh Olusola Imam     Trader Moni     Usman Alkali Baba     Muhammad Akande Olarewaju Odunade     Ahman Patigi     Kwara Basketball Association     Omotoso     Ganmo     Alaaya     Offa Metropolitan Club     Baakini     Yekeen Alabi     Suleiman Mora Omar     Chief Of Staff     Isiaka Saka Opobiyi     Tunde Mukaila Mustapha     Olushola Saraki     Ahmed Ayinla Jimoh     Bureau Of Lands     Afolabi-Oshatimehin Adenike Harriet     Bashirat Bola Bello     KW-GIS     Femi Agbaje     NURTW     Agboola Abdulraheem     Post-utme     Sadiq Buhari     Medinat Folorunsho Salman     Rafiu Ajakaye