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.

Adedeji Onimago     Sulu Babaita Isiaka     Yemi Osinbajo     Quarry Royal Valley     Saliu Shola Taofeek     Henry Makinwa     Siraj Oyewale     Raliat AbdulRazaq     Ile Arugbo     Summit University     Odo-Owa     Kwabes     Isa Aremu     Oke-Oyi     PAACO-PCL Consortium     Abubakar Lah     Bashiru Makama     Asiwaju Bola Tinubu     Emir Of Ilorin     Aliyu Adebayo     Jebba     Tunde Idiagbon Road     Oniye     Maimunat Oloriegbe     Alaaya     Kwara Basketball Association     Yinka Aluko     Lukman Oyebanji Fagbemi     Belgore     Aso-ofi     Mohammed Katsina Ahmed     Shuaibu Yaman Abdullahi     CT Ayeni     Women Radio     Shehu Alimi Foundation     Minimum Wage     Share     Lawal Arinola Kudirat     Akume     Rex Olawoye     Ayotunde Emmanuel Alao     Isiaka Oniwa     Oluwarotimi Boluwatife Adenike     Abdulsalam Firdaous Amosa     Amos Sayo     John Olajide Adedipe     Modupe Oluwole     Niyi Ogundiran     Bankole Omisore     Dele Belgore     Saad Omo Iya     Ahmed Shuaib Buranga     Kwara State Governor     Hijaab     Sobi Hill     AbdulHakeem Ajibola Akanbi     Shuaib Boni Aliyu     Jimba Babatunde     Salary     Oba Mogaji Abdulkadir     LAK Jimoh     Ekweremadu     Umar Ahmed Gunu     Jamila Bio Ibrahim     Babata     Kwara North     Kwarareports.com     Rice Farmers Association Of Nigeria     Okasanmi Ajayi     Suraj Tunji Oyewale     Ishaq Abdulkarim     Kassim Babamale     Babatunde Ajeigbe     Lanre Jimoh     Balogun Fulani     Aliyu Kora Sabi     Ojuekun Sarumi    

Cloud Tag: What's trending

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

Baba Idris     Shade Omoniyi     Hakeem Idris     Mahfouz Adedimeji     Lateef Fagbemi     Kwara Hotel     Islamic Development Bank     Sidikat Uthman Ajibola     Alfa Modibo Belgore     Okiki     IDPU     Nurudeen Muhammed     John Dara     PPS     Abdulwasiu Bolaji Adeyi     Chief Imam Of Ilorin     Ubandawaki     Aliyu Adebayo     Abdul-Rasheed Na\'Allah     Abdulahi Abubakar Bata     Sulyman Buhari     Isapa     Daud Adeshola     Ilesha Gwanara Road     Kwara TV     Kawu     Ilorin Emirate Staff Association     Oko     Salihu Jibril Garbi     International Public Sector Accounting Standards     David Oyepinola Adedumoye     Ilorin General Hospital     Noah Yusuf     Simeon Sayomi     Ahmad Fatima Bisola     Bukola Ajikobi     SSA Youth     Tunji Olawuyi     Moshood Kashimawo Abiola     Sola Saraki University     Oniyangi Kunle Sulaiman     Moronfoye     Elerin Of Adanla Irese     KWSIEC     Rebecca Bake     Omoniyi Ayinla     Oju Ekun Sarumi     Bola Iyabo Ibiyeye Adisa     Olatomiwa Williams     Samari     Islamiya Abdulraheem     Wahab Kunle Shittu     Student Learning Support Helpline     Kazeem Adekanye     Sobi     Adekunle David Dunmade     Marufat Oladosu     Ghali Muhammed     Kwara State Sports Commission     UNIFEMGA     Abdulkadir Orire     Ganmo Power Sub-Station     Matthew Okedare     Yekini Adio     Saliu Alamoyo     Bank Of Industry     Transition Implementation Committee     Isiaq Khadeejah     NIPOGA     Quareeb     Ilorin Anchor Men And Women     Abdulrahman Abdulrasak     Ekweremadu     Christopher Ayeni     Saka Adeyemo     Abdulrahman Abdullahi Kayode     Modupe Oluwole