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.

Binta Abubakar-Mora     Abdulmumini Sanni Jawondo     Bursary     Ilorin Like-Minds     Henry Makinwa     Oloyede     Amos Bajeh     C2c@kwarastate.gov.ng     Hajj     Wahab Agbaje     Afolabi-Oshatimehin     Kumbi Titilope     Kwara State Fire Service     Isiaka Oniwa     Dauda Adeniran Adeshola     Abdulrazak Shehu Akorede     KWTV     Sadiq Umar     Teachers Specific Allowance     Demola Banu     Aliyu U. Tilde     Olomu     JMK Construction Company Limited     Agbarere     Babatunde Ajeigbe     Oko     AbdulHamid Adi     Kupchi Hosea Maxwell     MINILS     Edu     Kwara Pdp     Tsaragi-Share     Omu-aran     Shehu Raheem Adaramaja     Kwara Liberation Group     Salman Alada     Vasolar     KFA     Okin Malt     Abdulraheem Olesin     Jimoh Saadudeen Muhammed     Olokoba Abdullahi Ayinla     Adebayo Salami     Yahaya Oloriegbe     Raliat AbdulRazaq     Suraj Tunji Oyewale     Millennium Development Goals     Buari Edun     Kazeem Oladepo     Shoprite     Omar Gambari     Olukotun Of Ikotun     Lanre Aremu     Haashim Initiative For Community Advancement     Government Girls’ Day Secondary School Pakata     FERMA     Ambassador Kayode Laro     Musbau A. Akanji     Samuel Elizabeth Keatswa     Fatai Adeniyi Garba     Idris Garuba     Shehu Alimi Foundation For Peace And Development     Ilorin Emirate Stakeholders Forum     Isiaka Abdulrazak     Alliance For Democracy     Abdulraheem Yusuf     Ilorin Water Reticulation     Apaokagi     Adeniyi Ojo     Hussein Olokooba     Afeyin-Olukuta     Kemi Adeosun     Federal Polytechnic Offa     Kayode Zubair     IHS Towers     TIIDELab     NULGE    

Cloud Tag: What's trending

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

Azeez Bello     Joseph Yemi Ajayi     Alfa Yahaya Road     Marafan Shonga     Moses Salami     Kamaldeen Ajibade     Sardauna     Y.A. Abdulkareem     Raliat Elelu-Habeeb     Olaiya Zuberu     IDPU     Radio Kwara     Abdulfatai Baakini     Wahab Egbewole     Edret Sabi Abel     Wahab Femi Agbaje     Oke-Kura     Cassava Growers\' Association     Sanitation Exercise     Kubra Kazum     Patigi Regatta     Opaleke Bukola Iyabo     Kwara State Coalition Of Business And Professional Associations     Iliasu     Abdulfatai Salman Baakini     Kamoru Kadiri     Dorcas Afeniforo     Bolakale Ayo     KWASSIP     Cornelius Adebayo     Femtech     Suleiman Ajadi     Titus Suberu-Ajibola     Tunji Olawuyi     Tayo Alao     Balogin Alanamu     Siddiq Adebayo Idowu Salawu     Halimah Perogi     Bolaji Nagode     Shuaibu Yaman Abdullahi     Danladi     Yakub Ali-Agan     Madawaki     Fatai Olodo     Timothy Olatunde Fadipe     Shehu Adaramaja     KWASEIC     Mufutau Olatinwo     Ahmad Ali     Towobola Abdulrahman Toyin     Yusuf Olaolu Ali     Gbugbu International Market     KWSUED     Ike Ekweremadu     Rabiu Kwankwaso     Freshvine Nigeria Limited     Usman Rifun     Sulyman Age AbdulKareem     LAK Jimoh     Asiwaju Bola Tinubu     Samuel Elizabeth Keatswa     Oja-Oba     Aso Ofi     Third Estate     Hamza Usman     Abdulkarim Adisa     A.O. Belgore     Aminu Ado Bayero     Jimoh Lambe Abdulkareem     Hajj     Ibrahim Abdullahi     Valsolar-Kwara Company Limited     Sebastine Obasi     Ayobami Seriki     Ibrahim Akaje     Kwara University Of Education     Olaosebikan