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.

Sam Onile     Garuba Alikinla Shittu     Babatunde Ajeigbe     Ibrahim Abduquadri Abikan     AbdulGaniyu Kareem     Kolawole Bashirat     High Court     Idris Garuba     C2c@kwarastate.gov.ng     Gbugbu     Yakubu Gobir     Ridwan Agboola     Ridhwanullah Al-Ilory     Chief Of Staff     KWSUED     Abdullahi Saadudeen Alikinla     Oro Grammar School Old Students Association     Elese Of Igbaja     Hydro-electric Power Producing Areas Development Commission     Obasanjo     Kawu Baraje     Abdulrauf Aliyu     Bareke     Isiaka Oniwa     NULGE     Durosinlohun Atiku     Kumbi Titiloye     Bayer Nigeria Limited     Mahmud Ayinla Giwa     Ayinde Oyepitan     Gobir     Abubakar Bature Sulu-Gambari     Ibrahim Abdulkadir Abikan     Sam Okaula     Memunat Monsuma     Post Utme     Katibi Ibraheem Adeola     Mope Dasuki Belgore     Kwara State Infrastructure Development Fund     Alabi Olayemi Abdulrazak     Ope Saraki     Tunde Yusuf     Idofin     Usman Rifun     Rebecca Olanrewaju     Abdulganiyu Salahudeen     Ahmed Bolaji Nagode     Ishola Moses Abiodun     Ibrahim Abiodun     Dele Belgore     Akanbi-Oke     Y.A. Abdulkareem     Sardauna Of Ilorin     Jalala     Sherif Shagaya     Yusuf A. Usman     Ilorin Anchor Men And Women     Gbemisola Saraki     Kola Adesina     Mohammed Lawal     Awili Pedro     Simeon Ajibola     Goodluck Jonathan     Muhammad Yahya     Olusegun Adeniyi     Iyaloja-General     Hamidat Sulyman-Yusuf     Ishak Mohammed Sabi     Hakeem Idris     Mohammed Danjuma     Kayode Ogunlowo     Rapheal Ashaolu     Saka Keji     Bluenile Associates     Kazeem Gbolagade     Mohammed Saidu     Matthew Okedare    

Cloud Tag: What's trending

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

Ridwan Agboola     Kwara State Government     John Olobayo     Olusegun Adeniyi     Pakata Development Association     Mohammed Lawal     Bola Olukoju     Kale Bayero     Idowu Laro     UNILORIN Alumni     Odo-Owa     Makama Of Kaiama     CUTI     Overland     REO CAKES     Ladi Hassan     Senior Special Assistant On Student Affairs     Moronfoye     20 Billion Bond     Bank Of Industry     Abdullahi AbdulMajeed     Awili Pedro     Gbugbu     Sobi Specialist Hospital     Saka Abimbola Isau     Umar Gunu     Muslim Cementary     Salmon Babatunde Salmon     Umar Sanda Yusuf     Gbemisola Oguntimehin     Mashood Dauda     AbdulRazaq Jiddah     Valsolar-Kwara Company Limited     Monsurat Omotosho     S.O. Opowoye     Lateef Fagbemi     Folorunsho Alao     Gabriel Fashanu     JUSUN     Salihu S. Yaru     Lukman Oyebanji Fagbemi     Muhammed Akanbi     Abdulkadir Akanbi-Oke     Ohoro Of Shao     Rasaq Jimoh     Ganiyu Taofiq     Abdulwahab Ololele     Lateef Alagbonsi     Issa Oloruntogun     Wahab Abayawo     Emmanuel Bello     Ajibola Ademola Julius     Matthew Okedare     Abdulraheem Olesin     Prince Sunday Fagbemi     Balogun Gambari     Haleeman Salman     Chief Of Staff     Abiodun Abdulkareem     Kolade Solagberu     Paul Odama     Matthew Babaoye     Segun Abifarin     Jide Ashonibare     Funmilayo Mohammed     Kwara 2015     Ishola Balogun Fulani     School Of Nursing     Kale Belgore     MMWG     Patience Jonathan     Ishaq Abdulkarim     Abubakar Kawu Baraje     Cornelius Adebayo     Orisa Bridge     Balogun Ajikobi     Akanji