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.

Olatunde Jare     Dauda Adeniran Adeshola     Kubra Kazum     Baba Isale     Salihu S. Yaru     Taofeek Ibraheem     Babata     Kola Adesina     Abdulrasheed Akogun     Ajakaye     CT Ayeni     CKNG     Ibrahim Oniye     Junior Secondary School Certificate Examinations     TIC     Ben Duntoye     Isiaka Alikinla     Hassan A. Saliu     Fulani     Sulyman Buhari     Saheed Popoola     Timothy Akangbe     Kwara     Tunde Oyawoye     Www.Kwarareports.com     Plat Technologies     UNILORIN Alumni Association     Neo Mundo Ltd     Sunset Workers     Bello Oyebanji     Garuba Alikinla Shittu     MINILS     Yusuf Abubakar     Ilorin Talaka Parapo (ITP)     JSSCE     Dasuki Belgore     Bukola Saraki     Ilorin Innovation Hub     Muhammad Fawaz Abubakar     Abdulkadir Remi Hawawu     Kayode Alabi     Erubu     Amusa Bello     Afolasade Opeyemi Kemi     Nigerian Correctional Service     Alfa Modibbo Belgore     Afeyin-Olukuta     Alfa Yahaya Road     Durbar Festival     Jimoh Akani     Rashidi Yekini     Abiodun Musa Aibinu     Tayo Awodiji     Suleiman Idris     Lateef Alagbonsi     UNILORIN Alumni     Wahab Olasupo Egbewole     Ishaq Oloyede     Federal Road Maintenance Agency     Segun Abifarin     Kaiama     Oniwa     Colleges Of Education Academic Staff Union     Muideen Olaniyi Alalade     Umar Danladi Shero     Bankole Omishore     Imodoye Writer’s Enclave     Christopher Tunji Ayeni     Yahaya Dumoye     Olaoye B. Felix     Kuliyan Geri     Babajide Ajayi     Kwara State Fire Service     Kale Bayero     Orire     Afonja     Abdulsalam A. Yusuf    

Cloud Tag: What's trending

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

Rasaq Jimoh     Moremi High School     Amos Justus Sayo     Magaji Nda     Tinubu     Yakubu Gobir     Laolu Saraki     Saheed Akinwumi     Sulyman Tejidini     Ilorin Airport     Yahaya Abdulkareem     Abikan     Maimunat Oniyangi     Salami Adekunle     Babatunde Ishola Babaita     Rex Olawoye     Abdulrauf Yusuf     Abatemi-Usman     Babs Iwarere     Pacify Labs     Abdulwahab Oba     Kulende-UITH     Bola Tinubu     Local Government Pension Board     Iyiola Oyedepo     BIR     Nurudeen Mohammed     HYPPADEC     GGDSS Pakata     Sheriff Olanrewaju     Adaramaja     Simeon Sule Ajibola     Kwasu     Sidikat Uthman Ajibola     Dasuki Belgore     Medinat Folorunsho Salman     Abdullahi Atanda     Kwara Apc     Pius Abioje     David Oyedepo     Share-Tsaragi     Alore     Ilorin.Info     Kwara State Television     Tope Daramola     Balogin Alanamu     Mufti Of Ilorin     Aisha Buhari     Jamiu Oyawoye     Moses Afolayan     Rafiu Ajakaye     Durbar     Face Masks     Matthew Okedare     Third Estate     Saliu Shola Taofeek     Oba Abdulrahim     Students Union Government     Ayotunde Emmanuel Alao     Oyin-Zubair     Adesina Simon Sodiya     Overland     Sulyman Abdulkareem     CCB     Timothy Akangbe     Olohungbebe     Ajibola Ademola Julius     SAPZ Project     Toyosi Thomas     Salihu Yahaya     Roheemat Hammed     Oyelere Oyinloye     YAKOOYO     Ilesha-Baruba     Shururat Olatinwo     Al-Hikmah University     Lanre Issa-Onilu