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.

Babaita     Amina El-Imam     Mohammed Abdulahi     All Peoples Party     Taibat Ayinke Ahmed     Olaitan Buraimoh     Titus Suberu-Ajibola     Lawal Arinola Kudirat     Baboko Primary School     John Mayokun Dada     Sulu Gambari     David Oyedepo     Hijab     Mohammed Jimoh Faworaja     Sheikh Hamzat Yusuf Ariyibi     Akorede     Aliyu Muyideen     Countryside Emerging Leaders Fellowship     Atiku Abubakar     Facemasks     Ilorin East     Kwara State Fish Farmers Association     Baruba     Kassim Babamale     Oke-Ode     Kwara Hotel     Modibbo Kawu     Lafia Aliyu Korasabi     Hassan Saliu     Alfa Yahaya Road     Abdullahi Imam Abdullahi     Ishaq Abdulkarim     Yusuf Amuda Abubakar     Bello Taoheed Abubakar     Tunde Saad     Baba Adini Of Kwara State     Joseph Bamigboye     KSIRS     Olatunde Michaels     Sheriff Olanrewaju     Omoniyi     Abdulrahman Abdulrasaq     Kamaldeen Gambari     Ibrahim Mohammed     Abdulrahman Abdulrazak     Baba Idris     Firdaos Amasa     Abdulrahman Abdullahi Kayode     Oniwa     Abdulrauf Aliyu     Bolakale Saka     Oko Erin     Nupe     Aliyu Kora Sabi     Overland     Kayode Bankole     Gbenga Adebayo     Alao Ayotunde     Abatemi-Usman     Oke-Oyi     Jimba Babatunde     Council Of The Wise     Kwara North     Kwara Coalition Of Business And Professional Associations     Aasiyat Bello Oyedepo     Ayo Adeyemi     Madawaki Of Ilorin     IF-K     Taofeek Ibraheem     Irepodun     Medview Airlines     Students Union Government     Olatomiwa Williams     Abdulazeez Uthman     NURTW     Odolaye Aremu     Sabitiyu Grillo    

Cloud Tag: What's trending

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

Siraj Oyewale     Olusegun Adeniyi     Kamaldeen Gambari     SDP     Ajidagba     General Tunde Idiagbon International Airport     Ramadhan     Bola Tinubu     Oba Abdulkadir La\'aro     Amos Sayo     IHS Towers     Elerin Of Adanla     Doyin Group     Revenue Court     Michael Ologundea     Folorunsho Erubu     Ahman Pategi University     TVC Female National Debate     Daud Adeshola     Oye Tinuoye     Senior Special Assistant On Student Affairs     Olupako     Olatomiwa Williams     Abubakar Baba Sulaiman     Ajeigbe     AbdulRazaq Abubakar Jiddah     Oladipo Akanmu Tolani     TESCOM     Dan-Kazeem     Unilorin FM     John Olajide Adedipe     Ramadan     Federal Polytechnic Offa     Nurudeen Mohammed     Dunmade     Olohungbebe     Saheed Popoola     Clara Nwachukwu     Shettima     Bankole Omisore     Idris Garba     Rihanat Ajia     Aisha Gobir     Saka Keji     Communication Network Support Services     Oro Grammar School Old Students Association     Mike Omotosho     Third Estate     AGF Abdulrazaq     Abdulrauf Aliyu     Yakubu Dogara     Bayo Ajia     Abdullah Janet Amudat     Oloye     Yusuf Aiyedun     Firdaos Amasa     Press Release     Joseph Alex Offorjama     Yunus Oniboki     Congress For National Consensus     Www.Kwarareports.com     Valsolar-Kwara Company Limited     Oluronke Adeyemi     Yahya Mohammed     Sheikh Ridhwanullah     Tafida Of Kaiama     Special Agro-Industrial Hub     Ojo Isekuse     Elerinjare-Ibobo     Mopelola Abdulmaliq-Bashir     Okasanmi Ajayi     Muideen Olaniyi Alalade     Idofin     Sarkin Malamai     Saka Saadu     Ijakadi     Sola Saraki University