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.

Onilu     Elerin Of Adanla Irese     Baruten     Musa Yeketi     Florence Saraki     Kayode Ogunlowo     Tunde Mukaila Mustapha     Ile Arugbo     Bello John Olanrewaju     KWIRS     David Oyepinola Adedumoye     Ilofa     Binta Abubakar-Mora     Simeon Sayomi     Mamman Saba Jibril     Muhammed Aliyu     YAKOOYO     Muritala Olarewaju     Durbar Festival     Third Estate     Dele Momodu     Ilorin Anchor Men And Women     NSCIA     Oba David Oyerinola Adedunmoye     Yusuf Amuda Abubakar     Saheed Akinwumi     Abdulrasaq Alaro     Oba Sulaiman Asude     Issa Baba     Mohammed Tunde-Jimoh     Dauda Adeniran Adeshola     Lateef Fagbemi     Oyun     Abdulrazaq Sanni     Olabode George Towoju     Saduki Lafiagi     Emir Of Yashikira     Convocation Ceremonies     Madawaki Of Ilorin     Tsado Manman     United Nigeria Airline     Salihu Yahaya     Lanre Issa Onilu     Olufolake Abdulrazaq     Ghali Muhammed     Joseph Daudu     Sheikh Alimi     Ahmad Ali     Kwara TV     Ibraheem Abdullateef     Amuda Musbau     Olaoye B. Felix     Aminat Omodara     Mohammed Lawal Bagega     Valsolar Consortium     Sa\'adu Salahu     Yahya Mohammed     Ayinde Oki     HICA     Yahaya Abdulkareem     Najim Yaasin     Kwara State Printing And Publishing Corporation     NTA Ilorin     Ilorin General Hospital     Arinola Fatimoh Lawal     Adamu B. Yaqubu     Asa     20 Billion Bond     Emmanuel Bello     Eghe Igbinehin     Muhammad Ghali Alaaya     Olabode Towoju     Valsolar-Kwara Company Limited     Otunba Taiwo Joseph     CKNG     Kupchi Hosea Maxwell     MMWG    

Cloud Tag: What's trending

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

Oke-Ero     Emmanuel Olatunji Adesoye     Rotimi Atere     Societe Generale Bank Of Nigeria     Nigeria Association Of Women Journalists     Umar Yakubu Jaja     Lateef Ademola Olatunji     AbdulRaheem Ahmad Shayi     Ahmed Idris Mohammed     Eleja     Aro Yahaya     Ahmad Ali     Abdullateef Abdussalam     Ilorin Like-Minds     Harrison Osauwagboe     Emmanuel Bello     Olaiya Lawal     Joseph Daudu     Zulu Gambari     Kwara State Television     2017 Budget     Wahab Isa     Kale Bayero     Oke-opin     Abdul-Rahoof Bello     Olabode Towoju     Gbajabiamila     Ibrahim Orire     Mohammed Abduraheem     Abdulrahman Abdulrazaq     Abdullahi Biffo     Noah Yusuf     Niyi Osundare     Benin Republic     Sambo Murtala     Ibrahim Taiwo Road     Amule Elementary School     Riskat Opakunle     Trade Lenda SME Fair     TESCOM     Olohungbebe     Undergraduate Bursary     SWAN     Kwara State Coalition Of Business And Professional Associations     Sai Kayi     KWASSIP     IF-K     Arandun     Yinka Aluko     Kola Bukoye     Kwara Consultative Forum     Na\'Allah     Okin High School     Mamatu Abdullahi     Aminu Ado Bayero     Kwara Liberation Group     Ganmo Electricity Sub-Station     Is\'haq Modibbo Kawu     Muhammad Sirajo Aliyu     Iponrin     Coalition Of Kwara North Groups     Computer Based Test     Bisi Oyeleke     Sebastine Obasi     Elections     Ahman Pategi     Jide Ashonibare     Donatus Ejidike     Timothy Olatunde Fadipe     Anilelerin     Dogara     Share     Overland     Niguel Gallando Marcias     Abraysports FC     Onilupeju Of Ilupeju     Police Commissioner