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.

Kwara Consultative Forum     Tunji Arosanyin     Najim Yaasin     Christopher Ayeni     Sa\'adu Salahu     Rashidi Yekini     Trader Moni     Tayo Awodiji     Kamoru Kadiri     Gbadeyan Gbadura Yomi     David Adesina     Shuaib Abdulkadir     Old Oyo     Magaji Nda     Abdulrazak Shehu Akorede     Kayode Issa     Monsurat Omotosho     Dagbalodo     Ajase-Ipo     Abdulrazaq Solihudeen     Simeon Sayomi     Ibrahim Abdulkadir Abikan     Abdulwahab Oba     Vasolar Consortium     Federal Polytechnic Offa     AbdulKareem Yusuf Danhawa     Bukola Ajikobi     Noah Yusuf     Yahaya Abdulkareem Babaita     Olokoba Sulyman     Centre For Community Empowerment And Poverty Eradication     March 28     ASUU     Suleiman Mora Omar     Shururat Olatinwo     Oba Abdulrahim     Towoju     Binta Abubakar Mora     Third Estate     Bluenile Associates     Ojuekun Sarumi     Shaykh Luqman Jimoh     John Olobayo     Ajidagba     ER-KANG Mining     Siraj Oyewale     Kwara Liberation Group     Valsolar Consultoria     Olawuyi     UNIFEMGA     Titus Ashaolu     Sam Onile     Yusuf Abdulkadir     Federal Road Maintenance Agency     TETFUND     Olabode Towoju     NIPOGA     Isaac Aderemi Kolawole     Haliru Dantoro     Ahmed Dankaya     Apata Ajele Secondary School     Henry Makinwa     Rotimi Oyedepo     Temi Kolawole     Aminat Omodara     Kunle Suleiman     College Of Education     Aliyu Kora Sabi     AbdulQowiy Olododo     Durbar Festival     Odogun Olushola Gabriel     Lanre Jimoh     MalHub     Oko Erin     Farouk Salim     Oyeyemi Olasumbo Florence     Haleeman Salman    

Cloud Tag: What's trending

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

Olota Of Odo-Owa     AbdulQowiy Olododo     Alanamu     Iyiola Oyedepo     Osi     Fatimah Abdulkadir     Taofeek Sanusi     JUSUN     Lawyers Unite Against Corruption     IFK     Shero     Shuaib Abdulkadir     Police Commissioner     Eleja Taiwo Banu     Kawu Baraje     KWASSIP     Firdaos Amasa     Royal FM     JAMB     Assayomo     Baba Issa Awoye     Yusuf Aiyedun     Titus Ashaolu     Aliyu Adebayo     Ayodele Olaosebikan     Ibrahim Jawondo     Col. Ibrahim Taiwo     NFAI     Ahmad Ali     Iyaloja-General     Rueben Parejo     Arca Santa     Kwara Volleyball Association     Umar Gunu     Abraham Ojo     Olayinka Oladapo Jogunola     Hussein Olokooba     Akorede     Ijakadi     Agor Market     Ayo Adeyemi     Falokun-Oja     Odogun Olushola Gabriel     Egbejila     Kale Ayo     Iyabo Adisa Ibiyeye     Afolayan     Lanre Jimoh     SWAN     Seun Bolaji     Kwara 2023     08001000100     Sambo Murtala     Okeose Christian Cementary     Yahaya Seriki Gambari     Sam Okaula     Ahmed Ayinla Jimoh     JAAC     Labaeka     Diagnostic Centre     Olatunji Bamgbola     Ijagbo Health Centre     Emir Of Kano     Oba-Solagberu     Okedare     Iyeru Grammar School     Ndama Al-hassan     Isiaka Abdulrazak     April 11     Shaykh Luqman Jimoh     KWIRS     Ayotunde Emmanuel Alao     Kaosarah Adeyi     Magaji Nda     Hamidu Olowo     Elerin Of Adanla     Jumoke F. Ajao