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.

Otoge     Kawu Baraje     Olatunji Abdulmumeen     Suleiman Yahya Alapansapa     Okala Baba     Arandun     Monkey Pox     Trader Moni     Abdulhakeem Amao     Lanre Jimoh     Salihu Alhaji Musa     Baruten     Afolasade Opeyemi Kemi     KWIRS     Jimba Babatunde     Folaranmi Aro     Ayobami Akanbi     Kwara State Internal Revenue Service     Gbenga Awoyale     Jeunkunu-Malete-Bani     Bashirat Bola Bello     Mufutau Gbadamosi Esuwoye     UNILORIN Alumni     Shao     Yahaya Abdulkareem Babaita     Binta Sulyman     Salman Jawondo     Abdulrosheed Okiki     Baba Isale     Diagnostic Centre     Countryside Emerging Leaders Fellowship     KSIRS     Budo-Egba     PharmAccess Foundation     COVID     Kisira     Umar Bayo Abdulwahab     Lafia Aliyu Korasabi     Muslimah Entrepreneurship Forum     Kwara State Branch Of The National Library     Kemi Adeosun     Yahaya Seriki Gambari     Yomi Ogunsola     Umaru Saro     Sa\'ad Alanamu     Amoyo     Haruna Olawale Sulaiman     Abiodun Musa Aibinu     Ridhwanullah Al-Ilory     Lai Gobir     Bilikis Oladimeji     Joseph Bamigboye     Wahab Femi Agbaje     Innocent Okoye     Bashir Badawi     Sebastine Obasi     Barakat Community Secondary School     Adamu Attah     Odogun Olushola Gabriel     Ayo Salami     Oba Mogaji Abdulkadir     Eghe Igbinehin     Kayode Bankole     Samari     Principal Private Secretary     Elekoyangan     Chief Imam Of Omu-Aran     Bolaji Aladie     Ayeyemi Sulaiman     Samuel Olusegun Adedayo     Yinka Aluko     Ilorin     S.O. Opowoye     Muslim Media Watch Group Of Nigeria     Universal Basic Education Commission     Muazam Nayaya     Saka Keji    

Cloud Tag: What's trending

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

Okin Biscuits     Kunle Akogun     Saheed Alakoso     Government High School (GHS), Adeta     Pategi     Simeon Sayomi     Makama Of Ilorin     Bamidele Adegoke Oladimeji     Olusin Of Ijara Isin     Facemasks     Lawan     Sabi     School Of Nursing     Trade Lenda SME Fair     Onikijipa     Wahab Issa     TETFUND     Doyin Group     ASUU     Ademola Kiyesola     Government Girls’ Day Secondary School Pakata     Aishatu Ahmed Gobir     Lucky Omoluwa     Babatunde Ishola Babaita     Goodluck Jonathan     Baboko Primary School     Rabiu Kwankwaso     Sobi Specialist Hospital     MMWG     Jimoh Lambe Abdulkareem     Young Progressives Party     Valsolar Consortium     Elese Of Igbaja     Odolaye Aremu     Sardauna     Abdulsalam Firdaous Amosa     Dan Iya     Ajasse-Ipo     Ilorin Talaka Parapo     Mufti Of Ilorin     Abdulwahab Ololele     Mustapha Olanipekun     Abdulmajeed Wahab     Medinat Folorunsho Salman     AGF Abdulrazaq     Doyin Agbamu     Babajide Ajayi     Lotus Bank     Razak Atunwa     Lafia Aliyu Korasabi     Gbenga Adebayo     Air Peace     Olayinka Olaogun     Obuh     Folajimi Aleshinloye     Shonga Farm Project     Igbomina     NTA Ilorin     Abegunde Goke     Ebola     Amusement Park     Fulani     Oba-Solagberu     Joseph Daudu     Ogidi-Oloje     Kulende-UITH     Al-Hikmah University     Ridhwanullah Al-Ilory     Gwanara     Federal Allocation     Okiki     Otoge     Okanlawon Musa     Yashikira     Olusegun Adeniyi     JAAC     Segun Adeniyi