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.

Ladi Hassan     Yusuf Amuda Abubakar     Imam Gambari     Abdulkadir Bolakale Sakariyah     Nigerian Supreme Council For Islamic Affairs     Kwabes     Sidikat Akaje     SGBN     Isiaka Rafiu Mope     Standard Organization Of Nigeria     NULGE     Oloye     Lanre Issa Onilu     Bareke     Abdulsalam A. Yusuf     Dapo Teni Nig Enterprise     Ahmed Bolaji Nagode     Royal FM     Yahaya Seriki     Kwara State Printing And Publishing Corporation     Olota Of Odo-Owa     General Hospital     Nigeria Foundation For Artificial Intelligence     Admiralty Villa     Hajj     Ophthalmological Society Of Nigeria     Abdullahi Imam Abdullahi     Dumagi     Taofeek Sanusi     Pacify Labs     Charles Ibitoye     Tunji Ajanaku     Government High School (GHS), Adeta     Osuwa     Lanre Olosunde     Abdulraheem Yusuf     Shehu Alimi Foundation For Peace And Development     Kayode Alabi     Saka Abimbola Isau     John Kehinde Salako     Abubakar Usman Jos     Plat Technologies Limited     Shehu Raheem Adaramaja     Aminu Adisa Logun     Wahab Abayawo     IDPU     Aishat Sulu-Gambari     Amuda Aluko     Amusa Bello     Kola Olota     HICA     Umar Danladi Shero     Mahmud Babatunde Baker     Samuel Adaramola     Esuwoye     NNPP     Deji Ajani     Okin Biscuits     Abdulquowiyu Olododo     Onilorin Of Ilorin     Read With Me     Raymond Olaitan     Idowu Laro     Jaiz Bank     Omotoso     Henry Makinwa     Okin Biscuit     Ilorin Water Reticulation     Abubakar Bature Sulu-Gambari     Moses Rahman Popoola     Moshood Bakare     Amosa     Ahmed Ayinla Jimoh     Kwara State Health Insurance Agency     Muhammed Abdullahi     Rebecca Olanrewaju     Ilorin Amusement Park    

Cloud Tag: What's trending

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

Ilofa     Tsado Manman     AIT Ilorin     NaAllah     BIR     Abubakar Kawu Baraje     Gbemi Saraki     Oyin-Zubair     Al-Adaby     Sunday Popo-Ola     Usman Rifun     Ibrahim Abikan     Ibraheem Abdullateef     Olaiya Lawal     Abdul-Rasheed Na\'Allah     Abdulwahab Olarewaju Issa     Mutawali Of Ilorin     Femi Ogunsola     Mahfouz Adedimeji     Moji Makanjuola     Jaiz Bank     Jimoh Akani     National Union Of Road Transport Workers     Abdulfatai Salman Baakini     Elections     Umar Yakubu Jaja     Sherif Shagaya     Ojo Fadumila     Ilorin Emirate Staff Association     Saka Keji     Ayeyemi Sulaiman     MMWG     Federal Polytechnic Offa     Kayode Yusuf     Ishak Mohammed Sabi     Issa Oloruntogun     James Ayeni     V.O. Abioye     REO CAKES     Ilorin Emirate Stakeholders Forum     Kwara Restoration Project     Ayodele Shittu     Okedare     Senate President     Ilorin General Hospital     Opolo Global Innovation Limited     Ayedun     Ilorin     Shade Omoniyi     Muhammed Mahe Abdulkadir     KWASAA     Gwanara     Saliu Tunde Bello     Tosin Saraki     Omotoso     Mashood Dauda     Ballah     Isiaka Rafiu Mope     Ola Falade     Ibrahim Labaika     Rueben Parejo     Owo Isowo     Jimoh Bashir     Agbarere     Muritala Awodun     Ubandoma Of Ilorin     Yashikira     Balikis Jawondo     Kayode Bankole     Asiwaju Bola Tinubu     Kwara State Television (KWTV)     Abubakar Baba Sulaiman     Haliru Yahaya     Joshua Adeyemi Adimula     Sheikh Alimi     Abdullahi Atanda     Colleges Of Education Academic Staff Union